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OPEC+ agrees to continue with current output targets, despite market uncertainty

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+...
Understanding compulsory oil stocking obligations for the UK

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...
James Hygate, CEO of Green Fuels chats about the business and plans for future fuel.

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...

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

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...

News

Fay takes over as OFTEC chairman

...their oil storage systems. Also, the continued growth of OFTEC’s competent persons scheme covering oil, solid fuel and renewable technologies, which now has almost 9,000 registered technicians – the highest...
Best New Forecourt Award for Ascona

News

Best New Forecourt Award for Ascona

...develop the next evolution of roadside retail destinations, the site recently underwent a transformative £3m redevelopment programme – Ascona’s largest investment in Wales to date. The redevelopment programme expanded the...

News

A new App for the fuel distributor

...Oil 4 Wales which recently acquired Powys Petroleum. “emtoo software has dramatically lessened our administration time,” says John Cherry at Powys Petroleum.   The new App means that our people...

News

Burning oil? Call to make CO alarms law

Campaigners led by Plumb Center, Honeywell and the Katie Haines Memorial Trust, want to see carbon monoxide alarms in every home in England and Wales when using any carbon burning...