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...of Russia’s role in the petroleum industry as the world’s second-largest crude oil producer and largest exporter of refined oil products. Closer to home, Russia supplies about 30% of Europe’s...
...oil company) and, instead, is an operating tri-venture between Exxon Mobil (45%), Amerada Hess (30%) and China’s National Offshore Oil Corporation (25%). With little experience in negotiating oil concessions, Guyana’s...
...artificial intelligence, energy – critical minerals and green tech – as well as space and defence. Most recently, the US Inflation Reduction Act (IRA) 2022 , signed into law on...
...gear oils. The introduction of fully-synthetic, high performance lubricants has helped to improve the fuel economy of Mercedes-Benz, Iveco and DAF trucks. The field trial was initiated as part of...
...that it would benefit heating oil users. Joining the dots The industry welcomed the news that one government department saw the value in this for UK heating oil customers. Now...
...and renewable transport fuels become more available. At the Humber Refinery, we produce something called ‘speciality coke’ which is a solid, high purity, concentrated carbon material and a critical mineral...
...low-carbon alternatives are therefore required. And, with oil and gas around for longer, it will be essential to decarbonise it. Serge comments: “While change is accelerating, it could easily stall...
...for the environment compared to traditional, mineral diesels. It is 100% renewable, biodegradable, sustainable and non-toxic,” said Simon Lawford, technical sales manager, Crown Oil. “We’re proud to have worked with...
...to dominate from the start. Initially they hoovered up the mineral extraction rights for precious metals such as lithium and cobalt. Then they cornered the refining and processing industries to...
...by recycling used cooking oil. Previously the Stagecoach vehicles used a mix of 5% biofuel and 95% diesel. Increasing the percentage of biofuel results in a cut in the vehicles’...
...the launch. The multi-million pound processing plant in Bootle will be solely dedicated to producing biodiesel from used cooking oil, and will complement Agri’s existing national used cooking oil collection...
...per barrel. It was at this point though, that the big hedge-funds re-entered the market and bought swathes of oil futures. This obviously supported the oil price against further falls...
...report series from the Oil and Gas Transitions (OGT) initiative. Long a strategically important reservoir for oil and gas, the North Sea is now a pivotal ground zero for net...
...oil fields like Cambo, says Katy Heidenreich, operations director at Oil & Gas UK (OGUK) who shares her thoughts with us: “Shell’s decision to suspend its involvement in Cambo, the...
...of the crude oil sold around the world. The vast majority of crude oil is sold at a discount to these two grades. So when we talk about $20 a...
...Fuel Oils told Fuel Oil News editor, Jane Hughes. One of the newest entrants into fuel oil distribution, Standard Fuel Oils is based in Merseyside. Twenty-eight year old Nick has...
In association with The Oil Market Journal. A quarterly review of the movements of, and impacts on, brent crude and HVO diesel prices. With data supplied by the Oil Market...
...oil/ light fuel oil, with maximum density which can range between 0.890 and 0.920 kg/m3 at 15 degrees C Marine gas oil – meets the inland heating oil specification i.e....
