Analysis
Improving the UK’s fuel supply network
...and granting access to the largest market in the country. Essar’s Carlos Rojas and Oikos’s managing director, Arun Sriskanda, sit down with Margaret Major, managing editor of Fuel Oil News...
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News
Backing a certainty
...values. Externally, Certas Energy positions us as a leading market force in the distribution sector, and gives us the scope to achieve our growth ambitions, both organically and through acquisition,...
Analysis
Prax – a fast track wholesaler
...south east of England. Established in 2000, the Group’s expertise in commodities and derivatives trading soon enabled it to enter the UK wholesale market where it has quickly established a...
Interview
A better strategy for Irish distributors
...Maybe someone is cooking up a decent mergers and acquisitions strategy for RoI – we need it! My tip for Irish oil market participants in 2013 is that the market...
Knowledge
Safeguard the future with effective succession planning
...met in a rapidly changing environment. A rapidly changing market is not for the faint hearted and, for some, it is considered too big a mountain to climb, whilst others...
Insight
The changing world of the oil trader
...facilities and fuels/lubricants’ marketing businesses. Vitol established a joint venture company with Helios Investment Partners, called Vivo Energy, in 2011, which acquired the majority share (80%) of fuels/lubes marketing businesses...
News
More debate on industry issues
...it’s basically commercial suicide.” How do we overcome the problem of consumers drawing unfair comparisons between different energy markets e.g. oil with gas? ‘Educating the public is key’ responded Mark...
Analysis
Lowest fossil fuel generation on record in Europe
...key highlights of a new report on the European electricity market from energy data analyst, Montel Analytics. Fossil fuel generation totalled just 131.9TWh across the quarter – the lowest quarterly...
News
Market intelligence – FREE trial offer
The Oil Market Journal (OMJ) has expanded rapidly from its origins in 1999 when its aim was to provide large volume oil buyers with reliable Rotterdam spot market trading assessments....
Insight
The downstream oil market landscape of Ireland in the 2020s
...Oil. In 2018, Irving Oil acquired large independent, Tedcastle Oil Products (TOP), providing it with a distribution terminal in Dublin as well as a substantially expanded market reach. The refinery...
News
Spring 2017 – a new quality mark – unanswered questions
...to introduce the new quality mark. “We are pleased that our initial concerns over how the new mark would affect existing successful competent persons schemes have been somewhat allayed. The...
News
Certified quality assurance for Irish fuel retailers and consumers
The IPRA quality assurance scheme is the only motor fuel QA scheme in Ireland to have received trade mark certification The Irish Petrol Retailers Association (IPRA) has recently confirmed that...
Knowledge
Managing costs: minimising fleet insurance premiums
...some effective strategies for reducing fleet insurance costs and gaining a competitive advantage in the marketplace. The government-backed Highways England program, Driving for Better Business, has analysed businesses to help...
News
Distributor Diaries December 2024 – the latest news from our community
...celebrating Lauren Cordelle, the CTS Group Creative Marketing Executive, who has now been with the business for ten years! Michelle Jackson, CTS Group Marketing Manager, said: “I can’t believe it...
News
HVS to develop world-first self-driving hydrogen HGV with share of £6.6m funding
...turning their bright ideas into market-ready products sooner than anyone else.” Fusion Processing CEO Jim Hutchinson said: “Our market analysis indicates that the commercial vehicle segments such as haulage are...
Interview
Essar Oil UK Ltd: from manufacturing complex to energy park
...resilience.” Margaret was keen to hear Essar’s thoughts on the importance of distributors being contracted for supply, especially in such challenging market conditions. Industry experts recommend at least 60% of...
Interview
TEC: driving forward through innovation
...also developed two new oil reeling hoses specifically for the oil distribution industry – TECOIL and FUELTEC. FUELTEC is now a market leader and TECOIL entered the market in mid-2022...
News
Greenergy expands biodiesel manufacturing plants
...will allow for a wider range of waste oils as feedstocks to be processed into lower carbon biodiesel that will be used in transport fuels to reduce emissions. Significant increase...