News
Oil price rises over $70 a barrel
...the economic revival will be soon coupled with oil demand recovery,” said Tamas Varga, an analyst at PVM oil brokerage in London. He cautioned, however, that the recovery still faced...
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News
Oilfast extends exciting partnership to support more dreams
...from low-income backgrounds to participate, Oilfast launched the Oilfast Trust Fund to offer two scholarships. The Oilfast Trust Fund: A commitment to equal opportunity James Hughes, Business Development Manager for...
Interview
CDS: 50 years of powering customer success
CDS has been delivering innovative software, technical support, and customer service to the downstream oil and LPG industries for 50 years. Claudia Weeks, content editor for Fuel Oil News, visited...
Opinion
UKIFDA encourages homeowners to start biofuel transition
...adds Guy Pulham. Exercising efficiency “If consumers want to change their existing oil boiler for a new oil boiler they can still do so. We recommend switching to a condensing...
Interview
ROM1 – a step in the right direction
In a bid to reduce illegal oil trading, the Revenue Commissioners introduced monthly Return of Oil Movements (ROM1) reports into the Republic of Ireland last year. Feeling weighed down by...
Opinion
A reliable and secure supply
...acquired the Lindsey Oil Refinery in March of this year. Headquartered in London, this British multinational independent oil refining, trading, storage, distribution and retail conglomerate has gained a well-deserved reputation...
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
Further expansion at Inver Energy
...the Atlantic Fuel Supply Company’s oil import terminal at Foynes in the Shannon Estuary Since 2010, Inver Energy has operated through the new Atlantic Fuel Supply Company (AFSC) 82,000m3 oil...
News
Distributor Diaries December 2024 – the latest news from our community
...celebrating Lauren Cordelle, the CTS Group Creative Marketing Executive, who has now been with the business for ten years! Michelle Jackson, CTS Group Marketing Manager, said: “I can’t believe it...
Analysis
BP – making a wholesale commitment
As majors continue to withdraw from the downstream market, Fuel Oil News was keen to quiz BP about its position within the UK’s wholesale market. To this end, FON recently...
Analysis
A year in the wholesale markets
...for the wholesale industry. The international oil market continues to remain backwardated, as it has for the past 18 months. For wholesalers, holding stock in the current climate presents financial...
Opinion
Ken’s Corner: A week is a long time…
...heated by oil. How Ireland is heated Source: Census 2022 A significantly higher proportion of oil heated homes are in rural areas compared to all homes in Ireland. 28% of...
News
Distributor diaries – latest updates from our fuel distributor community
...greener energy solutions.” Full story here. East Cork Oil abandons acquisition plans One of Ireland’s largest distributors, East Cork Oil, is not proceeding with its planned acquisition of Kerry- based...
News
OSS (Hydrodec UK) buys Eco-Oil business
...OSS and Eco-Oil collect and recycle waste oil and workshop hazardous waste together with fuel oil sales. Under the new arrangement both companies will in the short term continue to...
News
Oil heating cheaper than mains gas
Jeremy Hawksley – welcome news for the industry and the 1.5 million UK households who use oil for heating Oil is now the cheapest of all the major heating fuels,...
News
Oil Care Campaign prepares to celebrate 20 years
...safe disposal and management of oil. A network of oil banks which accept used engine oil for recycling has been established in England, Wales, Scotland and Northern Ireland. Organisers of...
News
Changes to oil regulations in Scotland
Are you compliant with the new changes made to Scotland’s oil regulations? The Scottish Environment Protection Agency (SEPA) has contacted Fuel Oil News for assistance in drawing attention to the...
News
Kerosene – community buying
...of our residents were living in fuel poverty and couldn’t afford the cost of their oil upfront, so we decided to set up a contract with an oil distributor to...