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...consultation with OPEC+. Having previously added 600,000 bpd to the market in July and August the decision following the latest meeting to increase output by just 100,000 bpd was described...
...company, Phillips 66 has a portfolio of Midstream, Chemicals, Refining, and Marketing and Specialties businesses. The company processes, transports, stores and markets fuels and products globally. Headquartered in Houston, the...
With ‘a strong vision and the required resources to deliver a well-planned entry into the market,’ Essar’s first branded site at Coalville in Leicestershire will be quickly followed by more...
...managing director Chris Bingham, who admits the business started without much market research, but instead relied on a gut instinct. Chris had no personal experience in oil, but set up...
A debate on the future of oil heating was held at last month’s Oil & Renewable Energy Show. On the panel were OFTEC’s Jeremy Hawksley, Mark Askew from the Federation...
...operate in a high volume, high cost, low margin market, and as such it is essential our business is as efficient as possible. We also operate to the very highest...
The Oil Market Journal has greatly expanded its product offering to help clients to future proof their business for the low carbon economy. In addition to providing oil prices, OMJ...
...services for the fuels, bitumen and oils markets will be available through a flexible contracting model, underpinned by the safety and service credentials established by Wincanton in these markets for...
...design. The turbine comes with a 7-year warranty; unrivalled on the market for this size of wind turbine. EC Wind has also agreed to underwrite a performance guarantee on the...
...save the group over 100 million euros a year and were oversubscribed by 50%, showing the credit market’s strong confidence in the company. “These figures confirm that INEOS is doing...
With almost 500 tractor units across the UK, HOYER is the market leader in fuel distribution HOYER is expanding its Petrolog fleet in the UK with the arrival of 89...
...“Some links in the supply chain industry enjoy high profit margins. Other links, including transporters of goods, operate to narrow margins and cannot withstand shocks to the labour market or...
...the rapidly evolving market. Standard Fuel Oils expands North with Solo Petroleum acquisition Meanwhile, Liverpool-based Standard Fuel Oils Ltd, has continued its growth strategy by acquiring Solo Petroleum Ltd, a...
...“The exceptionally high standards of the Vitorondens 200-T has been proven in Germany and other international markets for many years,” said Viessmann’s marketing director, Darren McMahon. “The time is now...
...solution to transitioning the off-gas market towards low-carbon heating as they combine a traditional boiler with a renewable technology like a heat pump,” explained Grant UK’s Paul Wakefield, The Grant...
...initiatives undertaken by oil companies in the last twelve months to enhance their petrol retailing operations. Essar entered the UK retail market with the opening of its first branded forecourt...
Hoyer’s Allan Davison – another important step towards achieving strategic growth objectives in the aviation fuels market HOYER has confirmed that the company has entered into an agreement with BP...
...to consolidate the highly fragmented fuels distribution market. “This acquisition, our first since Geoff Boorman in 2023, demonstrates our intent to pursue attractive, earnings-accretive transactions, consistent with our strong and...
