search | oil-market-journal

News

Prax Group agrees purchase of Total Lindsey Oil Refinery

The Prax Group has signed an agreement with Total to purchase Lindsey Oil Refinery and its associated logistic assets. With a strong track record of integrating acquisitions and managing assets...
Lifecycle Oils new appointment

News

New leadership team at Lifecycle Oils fuels expansion plans

...renewable energy market by transforming yesterday’s cooking oil into tomorrow’s green energy. With nationwide coverage, expansive capacity and our new state of the art production facility in Wednesbury, Lifecycle Oils...

News

Green fuel demand sees Crown Oil expand

Rocketing customer demand for alternative cleaner fuels sees Crown Oil expand with investment in a new site. The Bury-based business, part of the £420m-turnover Crown Oil family of companies, has...

News

People are the passion at Craggs Energy

...managing director Chris Bingham, who admits the business started without much market research, but instead relied on a gut instinct. Chris had no personal experience in oil, but set up...

News

Can oil hold its market share?

...domestic and 250,000 commercial oil users, we will not roll over,” he added.  “We’re reasserting oil in the marketplace.  To this end, we’re working with members and oil distributors to...

Insight

The integrity of the UK oil supply system

Indigenous refinery production v inland market demand Since 2000, diesel imports have risen from 16% of inland consumption to 44% and kerosene from 33% to 54%. By contrast, the share...
Aramex UK new Aberdeen branch

News

Aramex UK opens new Aberdeen facility

...Oil Capital of Europe, Aramex UK has strategically chosen Aberdeen as its hub to open a brand-new warehousing facility which will serve new and existing oil and gas customers situated...

News

Crude oil supply – Essar enters new arrangement

Essar Oil UK has entered into new arrangements with Barclays Bank plc to cover the supply of crude oil to its Stanlow refinery. Under the new arrangements, Barclays will hold...

News

Open to debate in Ireland

l-r From Corrib Oil in Co Galway – Tom Connolly, Gerry Mullen, Matt Stratford, Eamonn Dalton, with Neil Stewart, Stewart Oils, Co Roscommon 70% of distributors who completed the feedback...

News

Investors welcome Shell net zero emissions plan

...as a result of the coronavirus pandemic. IEA executive director Fatih Birol, said 2020 was likely to be “the worst year in the history of global oil markets.” But Shell...

News

INEOS to buy DONG Energy’s oil & gas business

...barrels of oil equivalent per day in 2016 and with around 570 million boe of commercial and potential oil & gas reserves across the Danish, Norwegian and UK continental shelves....

News

Irving Oil to acquire Whitegate

...very seriously,” added president of Irving Oil, Ian Whitcomb. Irving Oil looks forward to sharing more information on this acquisition upon the close of the purchase and sale agreement. www.irvingoil.com...

News

The young people behind the UK’s downstream sector 

A group of young oil industry ambassadors met with the All Party Parliamentary Group on the UK Oil Refining Sector to discuss the future of the industry In partnership with UKPIA, the All Party Parliamentary...

News

Supplying renewable, carbon-neutral biofuels

With a shelf-life of up to 10 years, Crown Oil is backing HVO, which can be used as a drop-in replacement for regular diesel and gas oil with the approval...