News
New marine bunkering facility on the Thames
...covering all bunkering needs.” “Certas Energy continuously monitor the whole of the market to ensure that we keep up to date,” said Varun Chhabria, head of marine and risk at...
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Opinion
Crude falls below $100/bbl as OPEC+ increases output but for how long?
...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...
News
HOYER Petrolog – new fuel distribution agreement with Phillips 66
...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...
News
Building a retail network at Essar
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...
News
People are the passion at Craggs Energy
...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...
Opinion
The future of oil heating debate – watch the video
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...
News
Gleaner Oils continues investment in tough market
...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...
News
OMJ expands product range
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...
Market Report
Saving Mexico’s state oil giant – a strategy of hope over experience.
...to purchase crude at higher international market rates. “HARDLY A NATURAL BED-FELLOW FOR A LEFTIST PROGRESSIVE WITH DE FACTO GREEN CREDENTIALS.” The situation in crude oil exploration isn’t much healthier...
News
EnergyLink – flexible contracting from Wincanton
...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...
News
Customer service – a top priority
...top energy companies which account for 98% of the market, none rank above ninth place in the Which? report. “More damaging still is the CEI survey, which reveals that just 1% of...
News
DCC not blown off course
...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...
News
In great shape at INEOS
...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...
News
Vintage year of success for Millers Oils
...Millers Oils continues to strive to ensure its continued presence at the forefront of the market. Recently, the company undertook an entire redesign of the labels across its product range....
News
HOYER expands UK Petrolog fleet
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...
Opinion
Logistics heroes unfairly blamed for transport policy failures
...“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...
News
Industry consolidation continues, driven by acquisitions and private equity
...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...
News
Greenergy reports 82 per cent profit rise
Greenergy, which supplies almost one quarter of the UK’s road fuels, reported an 82 per cent rise in profit due to cheaper feedstock and increased sales amid a growing market...