News
Scotland’s first vegetable oil heated home
Recycled vegetable oil is being used for the first time to heat a home in Scotland. The revolutionary renewable fuel has been identified as a key alternative clean energy source...
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‘A real thirst for expansion and growth’ at Aztec Oils
Derbyshire–based Aztec Oils recently completed the acquisition of the lubricant, pre-packaged fuel and contract packing business of Multispec Limited – formally Caldo Oils – for an undisclosed sum. (l-r) John Longstaff, BHP Corporate Finance; Andrew Fielder, Banner Jones; Mark Lord, and Janis Hartshorne, Aztec Oils; Matthew Chenery, Barclays and Katie Ash, Banner Jones Aztec...
News
Prax Lindsey launches first-of-its kind apprenticeship to support low carbon transition
Prax Lindsey oil refinery, a member of the Prax Group of companies, is partnering with apprenticeship provider, HETA (Humberside Engineering Training Association), to launch a new apprenticeship – the first...
News
Joint launch for ‘Get Winter Ready’ campaign
...UK to change their energy habits. Credit: Nastco Advising customers to order a supply of heating oil early, get their boiler serviced and check the oil tank in the garden...
News
Heating oil – a year as the cheapest form of energy
...“The average annual heating costs for heating oil users have fallen every quarter for the last three years and since April 2015 the price of domestic heating oil has fallen...
News
EOGB hits out at oil’s exclusion from ECO funding
...acknowledge ongoing innovation in the oil heating sector, following proposals to exclude oil from the next round of the Energy Company Obligation (ECO) scheme. The proposed changes to ECO, which...
News
The latest oil industry statistics
...the 2018 edition of the Statistical Review, click here. The UK Petroleum Industry Association (UKPIA) represents eight oil refining and marketing companies that operate the six major oil refineries in the...
News
Thames Oilport completes first phase of development
...“Everyone here is delighted to have oil back on the site at last,” said Chris Brookhouse, chief executive of Thames Oilport who joined Greenergy in January 2105 as director of...
News
Stanlow – new long term working capital funding facilities
...Stanlow oil refinery in Ellesmere Port. The Inventory Monetisation arrangement with J. Aron & Company covers the supply of crude oil to Stanlow and replaces a similar agreement with Barclays...
News
NIOF launches customer charter
David Blevings, executive director of the Northern ireland Oil Federation, and Antoinette McKeown, chief executive of the Consumer Council, at the launch The Northern Ireland Oil Federation (NIOF) has launched...
News
Thames Oilport – diesel and gasoil supply commences
The next phase of regeneration at Thames OilPort, which recently opened for diesel and gasoil, will enable petrol storage and road supply On Monday (24th April) Greenergy began road-loading of...
Opinion
In the light of the Purvin & Gertz report discussed in FON’s July issue, are you worried about the UK’s refining resilience?
...the recent Energy and Climate Change Committee Inquiry: UK Oil Refining recognised the importance of oil products and UK refining to the UK’s economy. The report supported many of the...
News
London launch for Eleven Recruitment
...Smith explained the reasons behind the new name and the new look. See here. “In addition to its strong oil focus, Oil Recruitment has actually covered non-oil sectors for most...
Insight
Sustainable low carbon liquid fuels: perspectives and prospects
...turn. Renewable diesel / hydrotreated vegetable oil This product is made by hydrogenation and hydrocracking of vegetable oils and animal fats using hydrogen and catalysts at high temperatures and pressures....
News
Raw deal for rural renewables
...using oil for heating and hot water. If an existing oil-fired boiler was replaced with a biomass model then fuel bills would actually rise by £430 per year. Ground source...
News
Kerosene prices rise less than other fuels
...than many of its competitors and the seasonal variation in price gives oil heating users the chance to maximise savings. Percentage increase in the price of oil and other heating...
News
Super growth for State Oil
...construction, professional services, digital marketing and information technology. State Oil was one of the few companies to stand out in the fuel sector with an impressive 101.5% growth rate. www.stateoil.co.uk...
News
127% more expensive than heating oil
...– 127% more expensive than heating oil – with further electricity price rises on the horizon this September for many households. Oil is also currently 13% cheaper than mains gas...