News
More jobs in oil
As an oilfield tax allowance paves the way for hundreds of new jobs in the UK, the Oil and Gas Global Salary Guide 2013 says UK oil and gas professionals...
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Insight
What are the issues causing uncertainty in the oil and gas sector?
According to the statistics released by the UK Government, the total revenues from UK oil and gas production between 2022 to 2023 increased by £7.6 billion versus 2021 to 2022....
Insight
The role of LNG in the global energy transition
...energy companies exploring for and extracting the natural gas feedstock; and zero interaction between the LNG buyers and the producers of the natural gas. Measurement of emissions before the liquefaction...
Opinion
Free oil? Not today …
...unlikely to have sold any physical oil at negative prices. The oil industry is already absorbing much of the short-term price shock by putting oil into storage, both on land...
Insight
Compulsory oil stocking obligations: a UK update
...is a requirement to hold a minimum number of days of two categories of holding, which are: Finished products; comprising petrol, diesel/ gasoil and Jet A-1 Any oil; comprising the...
News
February 2016 update
...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...
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...
Insight
The downstream oil market landscape of Ireland in the 2020s
...Oil. In 2018, Irving Oil acquired large independent, Tedcastle Oil Products (TOP), providing it with a distribution terminal in Dublin as well as a substantially expanded market reach. The refinery...
News
Shortlisted proposal would see UK village swap from natural gas to hydrogen in 2025
...place expected to be made next year Kent, a leading engineering company in oil and gas and Hydrogen (H2) technologies, has been appointed as the FEED Contractor for aspects of...
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...
News
Oil & gas investment key to UK transition
...country’s need for oil and gas declines, demand for oil and gas will still outstrip domestic supply and we will never produce an excess of oil or gas as some...
Interview
Value Oils: leader in online fuel distribution
...Oils? “There are many benefits for suppliers selling oil through our website, including: • They are in complete control of the pricing and delivery windows they offer and can easily...
Interview
Northern Energy: fuelling communities for 90 years
...we chose and freed us to map out our own future in energy, especially as we could see a growing opportunity in natural gas.” With a license to supply gas...
News
Clever chemistry fuels business
...forward Having set out to develop a ‘robust and flexible business model around low grade waste vegetable oils’, RGM Fuels (see page 6 Fuel Oil News July) is now in...
News
Biofuels – an uncertain future
...energy consumption. The company, which is continually developing closer links with feedstock and biofuel suppliers, does not currently use any palm oil products in the manufacture of its biodiesel. Additionally,...
Insight
Refining operations
...yield pattern by principal product category is as follows: Petrol @ 25% Jet A-1/ Kerosene @ 13% Diesel/Gasoil @ 30% Fuel Oil & Bitumen @ 15% LPG & Speciality Products...
News
Suttons Tankers and Nippon Gases UKI partner for HVO emission reduction trial
...from used cooking oil and waste feedstocks, offering up to a 90% reduction in greenhouse gas emissions compared to traditional diesel. Suttons is using HVO certified by Zemo Partnership, with...
Insight
Industry data: the latest update from the UKIFDA databank
...Temperature review Update on the diesel, gasoil and heating oil consumption to the end of March 2023. Update on prices of heating oil to the end of April 2023 Recent...