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...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,...
...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...
...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...
...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...
...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...
Autogas UK, a joint venture between Shell and LPG supplier Calor, saw more than 250 Shell sites supplying Autogas in the UK, at its peak. More recently, the Autogas UK...
...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,...
...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...
...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...
...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...
...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...
...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...
“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...
...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...
...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...
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...
...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...
...with Dimeta (a joint venture comprising the two largest global liquid petroleum gas producers). The industrial scale plant will deploy KEW’s modular advanced gasification units at the scale of the...