News
OGIC – supporting innovation in oil & gas
Fergus Ewing, minister for energy, enterprise and tourism, at the launch of the Oil & Gas Innovation Centre in Aberdeen The newly established Oil & Gas Innovation Centre (OGIC) is...
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News
Two acquisitions for the Crown Oil Group
Having recently acquired Birlem Oil, the Crown Oil Group’s Speedy Fuels brand is looking forward to expanding its presence in the south east This month has seen Crown Oil acquire...
News
Crude oil trend boosts heating oil prices
...open to striking a deal with OPEC to reduce oil output. “Considering that heating oil prices increased sharply following speculation around the last OPEC meeting where the organisation reached an...
News
Will YOUR customers “buy oil early” for winter?
Heating oil consumers across the UK are being urged to change their energy habits and order heating oil early before the winter weather arrives. The FPS (Federation of Petroleum Suppliers)...
News
NWF Group acquires Northern Energy Oil in £8.3m deal
...years, having started by supplying milk from local farms before expanding into agricultural fuels, heating oil and, most recently, LPG. “Selling our oil business to a larger player who is...
News
Oil-fired homes – the clear winners
...existing buildings in the Republic of Ireland. “Oil prices have tumbled once more, making oil heating the cheapest form of home heating regardless of location, type of property and whether...
Market Report
Fossil fuel fundamentalists vs. clean energy enthusiasts – will energy policy impact the U.S. election?
...for oil demand stagnant (to bearish) and with most US “oil plays” requiring a price of $60 per barrel to make a profit, producers are sticking rather than twisting and...
Insight
A critical role for Stanlow
...and 3.8 million mt of fluid catalytic cracking capacity, placing it in the category of medium complexity, with a Nelson Complexity Index of 8.2. Storage capacity for crude oil and...
News
The ‘Oil is cheaper’ campaign
Last month several oil boiler, tank and burner manufacturers got together to promote the use of oil with an advertisement in the Belfast Telegraph. ___________________________________________________________________ WITH THE GROWTH OF NATURAL...
Knowledge
HVO – The issue of sustainability
...of used cooking oil (UCO) in the production of HVO, concerns have been raised that palm oil may be used in local markets to replace UCO that is exported for...
News
Oiling longevity at Morris Lubricants
...attributed the Volvo’s longevity to regular oil changes. “Morris Lubricants have a very good reputation for quality oil,” said Jeff. “They are company that always ensures that their oil is...
Opinion
Will my supplier be putting FAME in my gas oil?
...to buy gas oil without biodiesel, so we’re planning to keep our gas oil FAME-free. It is not our intention to blend FAME into our gas oil at any location...
Opinion
Business and energy minister backs winter fuel readiness campaign
...UKIFDA chief executive adds; “It is our hope that this campaign will help and encourage the 1.5m UK households who have oil heating to take winter readiness measures. Oil is...
News
Government announces increased heating oil payment to be made ‘in the new year’.
...confirms. “Given the highly competitive nature of the heating oil market, many users hold active accounts with multiple heating oil distributors making a fixed payment challenging to deliver without duplication....
Market Report
How price coupling is hampering SAF’s ability to displace its fossil equivalent
...Oil Swaps. Therefore, if the price of oil goes up, so does SAF. Airlines are forced to buy the product at higher prices, because their contracts are based on conventional...
Opinion
Fuel price fears as OPEC+ cuts oil production
This week, OPEC+ announced steeper than anticipated oil production cuts as Wednesday’s meeting of members reached agreement to slash production by 2 million bpd. Set against expectations of a 1...
Insight
Key challenges and opportunities facing the fuel distributor
Change and its frequency are a fact of life in modern economies, but the measure of change experienced by the broad downstream oil sector will be greater than that faced...
Insight
Strategic supply from Britain’s largest refinery
...and 22m mt of crude oil, oil products and chemicals per year. The facility can accommodate coasters or part laden tankers of up to 350,000 (deadweight) DWT. The refinery complex...