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As the UK continues to seek the right strategy to deliver a future of low carbon energy we consider Norway, a country leading the way in decarbonisation

Insight

Downstream Norway: Leading the way in decarbonisation

...cover these requirements, leaving a modest surplus across all grades. Stockholding obligations Norway imposes emergency stockholding obligations on oil importers and oil producers who imported quantities of oil equal to,...

News

Oil users – fuel price winners once again!

...1094 1114 20 1.85% Electricity 1456 1744 289 19.82% Gas (British Gas) 1079 967 -113 -10.43% LPG 2461 1863 -597 -24.27% LPG (Condensing) 2020 1535 -484 -23.98% Oil 1751 1148...

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...

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...

Opinion

Industry responds to CCC Sixth Carbon Budget

...UK downstream oil sector reiterates that it wants to work closely with UK governments to deliver the most effective policy and economic frameworks needed to reach net-zero. Downstream oil is...

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,...

News

Inver expands sales at Cardiff

...and low sulphur gasoil. The company has observed the increasing product segmentation of the gas oil market: 10 ppm gasoil for non-road mobile machinery; 1000 ppm gasoil for industrial and...
With ‘Big Oil’ under scrutiny in the US investigation into the role of fossil fuels in the climate crisis, we consider BP’s annual energy outlook and warning of the failure to meet COP15 targets.

Insight

BP Energy Outlook 2022 Edition – the outlook to 2050

...driven by increasing efficiencies and electrification of road transport. Natural declines in existing oil / gas production will necessitate continuing investment in new oil & gas production over the next...
What is likely to be fuelling your future replacement trucks?

Analysis

Replacement trucks: what will be the future fuels?

...by over 98%. “At Roadgas we offer two types of biomethane – compressed natural gas (CNG) and liquified natural gas (LNG). We recommend that fleets with long range and trunking...

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...

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

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...

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

Oil – the cheapest of all major heating fuels

Latest industry figures show that heating oil prices are now 13% cheaper than mains gas to heat the average home. According to the Sutherland Tables, a recognised independent source of...

News

Reap what you sow

...life goes on. Fortunately there’s usually a very clear division between peak gas oil volumes and heating oil demand,” adds Kevin. As part of the company’s investment into its fuels...