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...
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Case Study
QMRE: Transforming plastic waste into sustainable solutions
...that align with government incentives. QMRE’s ability to generate RTFO-eligible oil positions them as a key supplier in the evolving fuel market. As the demand for lower-carbon fuels grows, the...
Insight
Task force to take action on UK refining and fuel import issues
...recently published review into refining and fuel imports. Oil demand will reduce in the coming decades, but by 2030 the UK is still expected to consume some 50 million tonnes...
News
World’s largest renewable biomethane refuelling station opens
...Inverness all the way down to Cornwall. The company is aiming to build 12 additional stations each year to cater for growing demand. Meeting the demand for low carbon fuel...
Insight
The UK fuel industry: latest statistical analysis
...force in 2022.” The report indicates reduced throughput and utilisation of UK refineries in 2023 with output below demand, and the continuation of a long term misalignment between product demand...
Opinion
Wales earmarked to be a global innovation leader in the adoption of hydrogen as aviation fuel
...trucks, heating, and aviation. In this Transition Talk, we will dive into the viability of using hydrogen in aviation. To talk us through this, Anders Lorenzen, writing for Fuel Oil...
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...
Opinion
The billion barrel blow and why it may mean more pivoting in the fuel sector
...this has happened. April 20th, 2020, was the first day in history when oil recorded negative values. US oil benchmark West Texas Intermediate (WTI) fell from $17.85 at the start...
Interview
Rationalisation in Irish oil distribution
...hopefully a decent winter, it could be a long overdue profitable year for oil distributors.” Others are less convinced…. Laura Gilpin of Belfast & Down Oil Supplies said: “The oil...
Market Report
Prices and predictions – what does 2025 have in store?
...China highlighted, such was the ongoing weakness of Chinese oil demand, that prices were not under pressure and, in fact, the oil market was increasingly heading towards over-supply. And so,...
Insight
Heating future: prospects for kerosene and HVO
...and Belgium, using mazout, a heating gasoil grade. Currently, in the UK as regular burning oil, it accounts for around 15% of kerosene demand. When considering its future prospects in...
Insight
BP OUTLOOK 2023: the outlook for global energy to 2050
...to a low-carbon world will require a range of other energy sources and technologies, including low carbon hydrogen, modern bioenergy, and carbon capture, use and storage. Oil demand will decline...
News
Fuel for thought…
...at a European, national and regional level. With over 1.5 million heating oil installations throughout these islands and millions more across Europe, the oil storage tank industry and the oil...
News
The Phillips 66 Interview
...to grow its market share here. Fuel Oil News editor, Jane Hughes asked managing director, Pete George about the business, refining and fuels and its relationship with fuel oil distributors....
News
Why Canada’s environmental zealot will happily leverage the country’s oil to avoid financial havoc
...is only too aware of just how important this oil region is to the Canadian economy. Alberta’s oil sand deposits alone, represent the world’s third largest crude reserves and the...
Opinion
The future of oil heating debate – watch the video
...to be continued….. In the meantime your views on the ability of the oil heating market to resist the threats are invited jane@oilinstaller.co.uk. THE FUTURE OF OIL HEATING JEREMY HAWKSLEY...
Insight
Free advice for Welsh businesses in preparation for March 2020 deadline
...Pollution (Oil Storage, Wales) Regulations 2016 require any above ground oil tank over 200 litres to be provided with 110% secondary containment by April 2020. Also known as the Oil...
News
Simon – investing in our infrastructure
...since shipping moved from coal to oil. Government sponsored Navy oiling stations around the world provided physical impetus for the change from coal to oil burning ships of the line...