News
INEOS to buy DONG Energy’s oil & gas business
...barrels of oil equivalent per day in 2016 and with around 570 million boe of commercial and potential oil & gas reserves across the Danish, Norwegian and UK continental shelves....
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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...
News
Oil Terminal 2019 – Tank farms and oil terminals: operation, modernisation, development
...brings together 350+ delegates from oil and gas trading, storage, and shipping businesses representing refineries, oil terminals, and ports from 25 countries including Russia, the CIS, the Americas, Europe, and...
News
Irving Oil to acquire Whitegate
...very seriously,” added president of Irving Oil, Ian Whitcomb. Irving Oil looks forward to sharing more information on this acquisition upon the close of the purchase and sale agreement. www.irvingoil.com...
News
Supplying renewable, carbon-neutral biofuels
...Level, C 200 – 350 340 – 355 200 – 320 Cetane Level 51 50 – 65 70 – 90 Stability from Oxidation Average Below Average – Poor Excellent https://www.crownoil.co.uk/products/hvo-fuel-hydrotreated-vegetable-oil/...
Insight
What the UK CCS announcements mean for the sector
...lost oil and gas workers. The demand created by the surge in CCS and CCUS is likely to be so high that workers transitioning from the oil and gas sectors...
News
Two acquisitions for the Crown Oil Group
Having recently acquired Birlem Oil, the Crown Oil Group’s Speedy Fuels brand is looking forward to expanding its presence in the south east This month has seen Crown Oil acquire...
News
Crude oil trend boosts heating oil prices
...open to striking a deal with OPEC to reduce oil output. “Considering that heating oil prices increased sharply following speculation around the last OPEC meeting where the organisation reached an...
News
Will YOUR customers “buy oil early” for winter?
Heating oil consumers across the UK are being urged to change their energy habits and order heating oil early before the winter weather arrives. The FPS (Federation of Petroleum Suppliers)...
News
NWF Group acquires Northern Energy Oil in £8.3m deal
...years, having started by supplying milk from local farms before expanding into agricultural fuels, heating oil and, most recently, LPG. “Selling our oil business to a larger player who is...
News
Oil-fired homes – the clear winners
...existing buildings in the Republic of Ireland. “Oil prices have tumbled once more, making oil heating the cheapest form of home heating regardless of location, type of property and whether...
Market Report
Fossil fuel fundamentalists vs. clean energy enthusiasts – will energy policy impact the U.S. election?
...now evaporated and Harris has (cautiously tbf) endorsed the industry… Oil and gas activity As to whether a Trump Administration means even more oil and gas drilling is not a...
Insight
A critical role for Stanlow
...in metric tonnes pa Petrol – 3 million Diesel – 3.5 million Jet A-1/kerosene – 2 million LPG/ petrochemical feedstocks – 1.5 million Fuel oil – 1 million The refinery...
News
The ‘Oil is cheaper’ campaign
Last month several oil boiler, tank and burner manufacturers got together to promote the use of oil with an advertisement in the Belfast Telegraph. ___________________________________________________________________ WITH THE GROWTH OF NATURAL...
News
Oiling longevity at Morris Lubricants
...attributed the Volvo’s longevity to regular oil changes. “Morris Lubricants have a very good reputation for quality oil,” said Jeff. “They are company that always ensures that their oil is...
Opinion
Will my supplier be putting FAME in my gas oil?
...to buy gas oil without biodiesel, so we’re planning to keep our gas oil FAME-free. It is not our intention to blend FAME into our gas oil at any location...
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
The billion barrel blow and why it may mean more pivoting in the fuel sector
...this has happened. April 20th, 2020, was the first day in history when oil recorded negative values. US oil benchmark West Texas Intermediate (WTI) fell from $17.85 at the start...