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Lindsey Oil Refinery at dusk

Market Report

The meteoric rise and sudden demise of State Oil

...Oil – the owners of Prax Petroleum, the Lindsey Oil Refinery and various North Sea exploration assets – had gone into Administration. Not too much information is yet available around...
Portland Christmas report

Market Report

A special Christmas market report from Portland

...for black gold there and then. Lauren Laverne Really. Did you find oil in the garden? Gaz Oil No. Course not. Lauren Laverne Oh. What was the song then? Gaz...

News

Oil Terminal 2015 – new multi-billion USD projects

...Bashneft. The agenda at the Oil Terminal 2015 industry forum reflects how growing oil exports have led to additional demands to increase the capacity of tank farms and exporting oil terminals....

News

Oil – cheapest home heating fuel by far

With average annual heating costs for oil users falling every quarter for the last three years, consumer confidence in oil heating has greatly increased. This is reflected by rising boiler...

News

Dealing with price volatility

...oil trading centres in Londonand Rotterdamgives us a unique insight in to market thinking and oil intelligence.”  wwwfuelpricesonline.com The WP Group has used the service for over 10 years. Managing...

News

NI oil stocks low due to unexpectedly high demand

David Blevings, spokesperson for NIOF said: “We have seen unprecedented demand for home heating oil during August as prices moved lower in the early part of the month and consumers...

Interview

Green Fuels: fighting climate change with sewage sludge

...of that availability of oil. In saying that, it’s obviously better to use HVO than fossil fuel. It’s finding the right renewable for the right box.” The demand for biofuels...

Opinion

North Sea oil industry in crisis?

...Sea being profitable as oil is below $60 per barrel. “It is almost impossible to make money at these oil prices,” says Mr Allan, director of Premier Oil in addition...

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...

Opinion

OGUK welcomes climate report impetus

...to cut emissions from oil and gas production, currently totalling about 18.5m tonnes a year, to net zero by 2050. This could include the electrification of offshore oil and gas...