News
A lubricants package that delivers
...staff training. “For the first time in over 7 years of wholesaling other brand engine oils we can finally see profits in small pack engine oil. Previously our oil brands...
search | oil-4-wales
News
OPEC+ continues oil production cut in uncertain market
...into effect today, 5 December, in an already churning oil market. Speaking after yesterday’s OPEC+ meeting, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie, said: “The decision by OPEC+...
Insight
Compulsory oil stocking obligations: a UK update
...international requirements to maintain the requisite minimum levels of oil stocks to mitigate any supply crisis. These were: EU obligations Under EU Oil Stocking Directive 2009/119/EC, members are required to...
News
Essar re-opens Penybanc forecourt in South Wales
...be re-opening our Pennybanc forecourt on a prime site for customers near Ammanford in South Wales. Our whole approach is about driving customer convenience and we have made visiting this...
Analysis
Planning for the future: Nextgen skills for the fuels sector
...invest in the right kinds of training’”. Apprenticeships are also working well on the distributor side, as Rob Young of Oil 4 Wales reports: “We’ve been successful taking on employees...
Interview
Green Fuels: fighting climate change with sewage sludge
...has a dedicated research team and, since 2020, started producing its own-label fuel production facilities on three continents. Claudia Weeks, content editor for Fuel Oil News, met with James Hygate,...
Insight
The changing world of the oil trader
...Total, etc. These vertically integrated international oil companies (IOCs) have been joined by state owned concerns, or national oil companies ( NOCd )- names such as Aramco, Kuwait Petroleum, IPC,...
Interview
The battle to offer a competitive product
...Top Oil has invested in its Dublin terminal Tackling low margins Outlining how consumer spending has changed, Martin said heating oil order sizes had reduced to 500 litres and even...
Market Report
The increasing impact of China’s economy on global oil demand
...driver of oil demand growth over the last 20 years. Oil markets have become so reliant on China’s seemingly endless growth The slowdown in global oil consumption is largely the...
News
Could heating oil prices be frozen?
...rising demand for refined oil products. Indeed, the same report pointed out that the UK depends on imports for 44% of its heating oil requirements. A fact that vividly illustrates...
Interview
DCC on ambitions for Ireland and energy transition
...for Retail & Oil, who joined the company 10 years ago, initially as managing director for oil, then for retail, oil and fuel cards, to understand more about DCC’s goals...
News
The shipping news
...High Sulphur Fuel Oil LSFO – Low Sulphur Fuel Oil LSMGO – Low Sulphur Marine Gas Oil IFO – Intermediate Fuel Oil ECUK – East Coast UK ECA – Emission...
News
OptiMate is the key to MechTronic success in Ireland
...Dundalk Oil, Atlantic Oils and Stewart Oils all placing (and receiving) orders in 2020. Barry Finlay at Dundalk Oil said; “We are delighted to be the first fuel oil operative...
Analysis
Energy Resilience – Is the UK facing a crisis?
...had 6 operating oil refineries, all under all or part foreign ownership, other than the Prax Group owned Lindsey Oil refinery based on Humberside. As of today, only five remain,...
News
Oil – the only heating fuel where prices have fallen
Jeremy Hawksley speaking about Oilsave and the fight for oil heating at the Fuel Oil News Distributor Debate earlier this month. See the March issue of Fuel Oil News for...
News
Portland Market Report – oil prices
...attractively low oil prices. The two biggest strategic buyers of oil in the world are the oil reserve companies of the USA and China respectively, both of whom are currently...
News
Vintage year of success for Millers Oils
...power increases up to 5.6 percent, and when the nanotechnology oil was tested against a competitor’s oil, Nanodrive recorded 33% lower friction. Application of the technology to road car oils...
News
Fuel poor left out in the cold
...of producing a bio-oil which will deliver substantial carbon savings for households currently on oil. Greening the fuel is a credible solution for the future which government needs to recognise...