Opinion
Budget provides welcome clarification on oil and gas decommissioning
...of corporation tax for oil and gas companies active in the UK and UKCS remains at 30% with the supplementary charge an additional 10%. To the extent oil and gas...
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Analysis
Fuelling progress: future fuels for transport decarbonisation
...carbon solutions for UK customers. GBF’s products are made from renewable feedstocks such as vegetable oils, animal oils and fat. The product range includes HVO Gd+, a low emission, advanced...
News
Oil heating cheaper than mains gas
...mains gas households changing to oil, particularly if they need to replace their boiler.” Pie in the sky The reduced price of oil is also expected to further dampen demand...
Opinion
North Sea oil industry in crisis?
...in place from January 2021. A spokesperson from Oil and Gas UK said; ”While Oil & Gas UK cannot comment on the commercial decisions, and individual opinions, of its members,...
Insight
The Humber refinery – a key indigenous source of supply
...and distribution Petrol @ 32% Diesel/Gasoil @ 44% Kerosene/ Jet A-1 @ 8% Petroleum coke @ 6% Fuel oil @ 4% Petrochemical feed stocks @ 4% LPG @ 2% (Source:...
News
Risk reduction for domestic customers
...continue buying their kerosene through Oil Price Protect,” said Chris. “Prior to Oil Price Protect, like most other distributors, we did offer different ways to pay including direct debit. Customers...
News
Industry energy expansion reflected in new name for OGUK
...the wider oil and gas industry, particularly across the North East of Scotland. The decision to rebrand is absolutely right and reflects moves across the oil and gas sector to...
Interview
BoilerJuice: revolutionising operations
BoilerJuice is one of the leading heating oil marketplace websites in the UK. Established in 2004, the company delivers millions of litres of heating oil to thousands of customers every...
News
Heating oil’s future – making a difference
“Oil is the cheapest option for off grid homes and has been since October 2014,” says FPS chief executive Guy Pulham. The FPS is urging all those using oil to...
Insight
A look at the shape of the future UK downstream oil sector landscape
...and shape of the network come 2030. Ground transport fuels: Sales of these grades (diesel, petrol & gasoil) represent 60% of total inland refined product deliveries, so are the bread...
Opinion
“A solution to plastic pollution that makes business sense.”
...biofuel feedstock requirements have led to widespread deforestation and impacted wildlife conservation and carbon absorption strategies. Use of feedstocks like corn has driven up the cost of food worldwide, harming...
Interview
Mitchell & Webber: driving the ground breaking campaign for a liquid fuel future
...the waste feedstocks are internationally certified and, importantly for the customer, it is simply a drop-in replacement for fossil heating oil. Early conversions Luckily, we had the ideal property for...
Opinion
“Do you agree with the Northern Ireland Housing Executive (NIHE) that the Province should have more oil buying clubs?”
...more oil buying clubs, there will inevitably be more – batten down the hatches!” For further comment see the Value Oils blog – www.valueoils.com/blog/home-heating/heating-oil-buying-groups-2/ Joe Bradley, Bradley Fuels “I don’t...
Insight
No easy decisions at Whitegate
...support the country’s oil needs is Whitegate. Oil refining on the island of Ireland Originally commissioned in 1959, Whitegate has a distillation capacity of 71,000 bpd. One third of output...
Interview
Stanlow Terminals: a sustainable energy hub for the future
Following on from the interview with Essar Oil UK in the September issue of Fuel Oil News, Claudia Weeks, content writer for Fuel Oil News, spoke with Michael Gaynon, CEO...
Market Report
Disrupting the sector: the new Nigerian super-refinery
...oil producer in Africa (15th in the world), but it also has the 10th largest oil reserves on the planet. At the same time however, those same casual observers would...
Insight
The changing world of the oil trader
...began to emerge, in particular the growing US deficit in both crude oil and gasoline. In the 1970s/80s some of the activities of oil trading companies attracted controversy, and criticism...
Opinion
Highs and lows of the oil price drop
...has been warned that 30,000 jobs in the gas and oil sector could be lost, with oil prices falling to their lowest in two decades. But, despite the global crash...