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...demand forecast upwards by 200,000 bpd despite anticipating a slowdown in demand growth during Q1 2022. Competition for product leads to price concerns Ian Moore from The Oil Market Journal...
...and generating our own electricity to power the process.” The market Chris shared his thoughts on the current SAF market: “The market has got immense demand, driven by shareholders, governments,...
...fuels best suited to end applications. From the early days of pioneering biodiesel, to creating market-changing heating and marine gas oils, ESL has consistently led innovation in the industry. In...
...tasked with delivering a cultural shift in the company’s own approach and chats here with Margaret Major, managing editor of Fuel Oil News about the exciting new strategy that has...
...challenging market “The Oil Lady is totally independent and I’m proud of that, but November 2020 was an incredibly challenging time: it was hard to get a deal for oil.”...
...North Sea oil had just been discovered and the slogan “it’s our oil” began to get traction. Back in October 2013, we looked at the downstream oil industry in Scotland...
The UK domestic heating oil market can easily be accommodated within the overall requirement for renewable liquid fuels according to a major new report. The recently published report has found...
...demand. The current over supply situation has been well documented; fracked oil flooding US markets, OPEC refusing to cut production in an attempt to maintain market share and now, Iran’s...
The Oil Market Journal (OMJ) has expanded rapidly from its origins in 1999 when its aim was to provide large volume oil buyers with reliable Rotterdam spot market trading assessments....
...be processed; arguably this produces the most sustainable biodiesel available.” High standards – convincing the market Historically focusing on virgin seed oils, such as soy and palm oil, much investment was...
...Peak Oil Tom Pearson founded Peak Oil as a business from his home address in Dronfield, back in 1972 and explains how it all began: “I started Tom Pearson Oils...
...that does not mean that oil no longer has any value. The value of the oil in store is almost certainly already sold in the forward markets at a positive...
...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...
...Oil. In 2018, Irving Oil acquired large independent, Tedcastle Oil Products (TOP), providing it with a distribution terminal in Dublin as well as a substantially expanded market reach. The refinery...
At the end of 2022, WCF Chandlers, the Lincolnshire based distributor, celebrated a fantastic double win at a local business awards event. The annual Grantham Journal Business Awards were held...
...of Russia’s role in the petroleum industry as the world’s second-largest crude oil producer and largest exporter of refined oil products. Closer to home, Russia supplies about 30% of Europe’s...
...that the refinery can handle 45 different types of crude oil – although given its geographical proximity, the plant typically runs between 85% – 95% of North Sea sourced feed...
The Oil Market Journal (OMJ) has launched a series of new dashboards which provide full details on oil tankers en-route, in port and at anchor in ports around the United...
