News
Oil price at seven-year high amid supply concerns
...in sight across crude and products worldwide already,” said Energy Aspects, as quoted by Reuters in a report from this week. “There is a growing acceptance that the oil market...
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Opinion
What price oil? Fuel industry experts share predictions for 2023
Unprecedented, tumultuous, extraordinary. Access to a thesaurus was useful whilst writing about the oil markets and fuel prices in 2022. As we enter 2023, conflict and covid are still having...
Opinion
VAT deal secures Stanlow refinery production
...committed to developing initiatives that support its vision for a low-carbon future. EOUK remains confident in its future, not least as the air travel market continues to open up and...
Opinion
UKIFDA encourages homeowners to start biofuel transition
...market. “We have been lobbying the UK government and the Committee on Climate Change and the Irish government and the Sustainable Energy Authority Ireland (SEAi) to support our industry’s strategy...
News
Greenergy – ‘greater control of our supply chain’
On Monday 10th February Greenergy announced it had entered into time-charter agreements for two bunkering vessels based in the Irish Sea and English Channel. This marks another step in Greenergy’s...
News
Gulf Retail wins global award
...sizes. The retail supply market is as competitive and challenging as we’ve ever seen it, with the oil majors now signing sites they would never have previously looked at and...
News
Another energy giant expands interest in biofuels
...in engines on the market today. ExxonMobil, one of the largest publicly traded international energy companies, is one of the largest refiners and marketers of petroleum products. Since 2000, ExxonMobil...
Opinion
Preparing for a new oil world
...largest electricity company by the 2030s, whilst Denmark’s Orsted, previously Dong Energy and now an offshore wind farm specialist, has shown that successful transitions are possible. All companies throughout the...
News
Banning the internal combustion engine
...van market in particular, Christopher Snelling, head of UK policy at the Freight Transport Association (FTA) said: “The 2035 target is very ambitious unless the government takes urgent action to...
News
Bolstering onshore oil and gas
...PhD in oil degradation, kick-starting an accomplished career that would see him negotiate landmark gas contracts for ExxonMobil. He will strengthen Peel Gas & Oil’s offer as an essential development...
News
OnlineFuels and Shell to build digital fuel sales platform
...market in Germany, OnlineFuels Deutschland intends to cooperate with other oil and energy companies in Germany. “Germany is the largest fuel market in Europe – an ideal place for us...
Opinion
We’ll meet again: oil to gas price gap shrinking rapidly
...like Brent especially. And we are convinced that this is a very important reason for why the global oil market is as tight as it is.” Switching to ‘cheap oil’...
Opinion
“Do you agree with the Northern Ireland Housing Executive (NIHE) that the Province should have more oil buying clubs?”
Donall O’Connor, Value Oils “As Northern Irish oil distributors, we are part of a saturated supply market where consistent pressure on margins exists for all but a few high demand...
News
Connecting with the forecourt industry
...trade-only event dedicated to the forecourt and fuel market – where the company’s revolutionary ethanol coalescing filter will be on show. The first of its kind, the ethanol coalescing filter...
Insight
Stanlow celebrates a century of powering Britain
...II led to the production of aviation spirit at Stanlow – a vital component of the war effort. In 1949, recognising the importance of refineries being closer to customer markets,...
News
Prax group enters North Sea market with successful acquisition of Hurricane Energy
...the Lancaster offshore oil field in the West of Shetland basin, resigned and its shares on the AIM market were cancelled. A natural progression Describing the deal as ‘a natural...
News
Trade publications come together to support the fuel distribution market
...they have agreed to join forces to produce one industry-leading title for the liquid fuel market in the UK and Ireland Going forward, the monthly publication will continue to be...
News
Which? reports on heating oil prices
With the price of heating oil at a four-year low, Which? has taken another look at the heating oil market; a market that has seen a 23% fall in price...