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Oil prices rise on OPEC+ deal extension

...whilst falling short of market hopes, will help to underpin the oil market’s recovery and could see prices rise to as much as $50 a barrel. The cartel will meet...
Certa HVO forecourts

News

Certa doubles number of HVO-ready forecourts

...increased willingness among diesel car owners to source it. The total car market in Ireland has increased by 6% for the first four months of 2024. The most recent figures...

Insight

Ireland’s downstream oil infrastructure

...million tonnes per year of white oil products, supplies just under 30% of the Republic’s oil market requirements, particularly to the province of Munster. The remainder of the Republic’s oil...

News

Harvest Energy extends with Simon Storage

The Seal Sands terminal, located at the mouth of the River Tees Harvest Energy is expanding its presence in the UK road fuels market through its partnership with Simon Storage....
The Prax Group has announced plans to acquire OIL! Tankstellen from Mabanaft in latest European expansion

News

PRAX agrees deal for 340-site European forecourt network

...into four new retail markets including Germany, Austria, Denmark and Switzerland. With a proven track record of integrating acquisitions and managing strategically important assets across the oil value chain, from...

News

Further expansion at Inver Energy

...independent supplier of industrial fuel and steam coal to large end-users in Ireland, where a large presence is still maintained in these markets. Inver Energy owns a 50% share in...

News

A feeling of insecurity?

Given developments in Ukraine and the role that Russia plays in the global oil market, supply availability is a big talking point once again. Below UX Energy Services consultant Dr...

News

10 years of making a difference

...stage the team would not have believed that within 5 years the company would be the UK market leader in its field,” said sales & marketing director, Andy Spencer. “But...
New $150m receivables portfolio for Essar

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New $150m receivables portfolio for Essar 

...will be used for working capital and general corporate purposes. The successful closure of this financing highlights the banking community’s confidence in EOUK, building on its financial performance and market...

News

Serving niche markets at Alpeco

...year, manufacturers and ancillary equipment suppliers are increasingly turning to niche markets. One niche area which has attracted the attention of Alpeco is bespoke liquid loading and dispensing systems for...

News

Turnover increase for Clugston Distribution

...forwarding offering will also increase flexibility and enable the business to grow. “Despite challenging markets, we have delivered another strong financial performance, with a substantial growth in turnover and improved...

News

Will liquid fuels be heating homes in 2030?

...the market for oil boilers predominantly in the replacement sector, OFTEC’s strategy is to retain the present oil-fired boiler market share. Using initiatives such as the Oilsave campaign, OFTEC is...