Market Report
Prices and predictions: how are we faring?
A little bit later than usual (because of the recent election frenzy), this month’s report will look at how the oil markets have fared since the beginning of the year,...
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Interview
Oil clubs, drums, kero pumps and NIOF distributors
...contamination from drips/spillages as it’s poured into the household tank. “Small oil drums are for emergency use only. They should provide a small amount of oil – often in an...
News
Community Buying – The organisers’ view…
...customers to purchase their oil before December to try and avoid paying an inflated price.” Keith Weller, co-ordinator of the Worcestershire-based Bayton Oil Syndicate agrees: “I get people to buy...
Insight
A look at the shape of the future UK downstream oil sector landscape
We are living through a time that has heralded much change and, before considering the future evolution and shape of the UK downstream oil sector, we will remind ourselves of...
News
A good infrastructure?
...Climate Change (DECC), three separate reports on the subject have been undertaken by WoodMackenzie, Deloitte, and Purvin & Gertz. v UKdownstream oil infrastructure v Downstream oil – short term resilience and...
News
Heating oil theft falls
OFTEC registered technicians can assist your customers with advice on the necessary precautions to protect their oil heating assets OFTEC has welcomed research which reveals that heating oil is no...
News
UK refining – hunting for answers
...of our refining and downstream oil industry published in November 2011, Brian Worrall, then UKPIA president, said: “Given the right policy environment, the UK refining and downstream oil sector can...
News
Making light work of heavy oil
The V25 Test Rig at the Trondheim, SINTEF Research Institute Using environmentally friendly methods to process crude and dirty oils, Fluid Oil has commissioned its first heavy to light oil...
News
Ministers urged to secure future oil refining capacity
...oil refineries in the UK. “We consider the oil industry to be critical to the UK economy. In an increasingly unstable world where new supplies of crude oil will need...
Interview
Negotiating the swings and roundabouts of fuel distribution
...from Donall O’Connor, Value Oils in last month’s Fuel Oil News) Numerous consumers now keep a couple of drums and refill these at forecourt kerosene pumps for a minimal premium...
Interview
Oil v gas
...likens the presence of gas to the new competition posed by the selling of home heating oil on forecourts. The Northern Ireland Oil Federation (NIOF) has little doubt that the...
Market Report
When the tide won’t turn: Markets surging past the pull of policy
...the US economy. There would be a doubling down on oil, gas and coal production, whilst at the same time, renewables would be shunned. One year on then, how much...
Insight
Downstream future: decarbonisation, collaboration and digitalisation
...is at its sharpest for the oil and gas sector, particularly in the run in to COP28, which is being held in the United Arab Emirates later this year. Ahead...
News
Technology: Supporting the supply chain
...May issue, we spoke with fuel oil suppliers, wholesalers and distributors, as well as suppliers of technologies to find out what has been most recently adopted throughout the supply chain...
Market Report
Disrupting the sector: the new Nigerian super-refinery
...oil producer in Africa (15th in the world), but it also has the 10th largest oil reserves on the planet. At the same time however, those same casual observers would...
News
Agreement will see UK oil production facility powered by wind
...to create one of the UK’s first oil and gas facilities powered mainly by offshore wind. The deal will deliver the UK’s first Floating Offshore Wind unit manufacturing and assembly...
News
Oil prices fuel record financial performance for J.R. Rix & Sons Ltd
...achieve record profits. “Rix Petroleum was helped by an increase in the price of crude oil, which stabilised during 2022 as market turmoil created by the war in Ukraine began...
News
Stanlow refinery could be target of Just Stop Oil disruption
...disruption in the area around the site as part of a protest against the oil sector. The group, who calls itself ‘Just Stop Oil’, is ‘a coalition of groups working...