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The Prax Group to purchase Lindsey Oil Refinery

...integrated across the oil value chain from upstream to downstream,” said Sanjeev Kumar, CEO of the Prax Group. “Acquiring Lindsey Oil Refinery is a natural progression for the Prax Group,...

Insight

The UK’s refineries: past, present and future

Past: Then there were eighteen In considering the future of the UK oil refinery network, we will first make a brief digression to see how it has evolved. Three of...

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

Used cooking oil collection, recycling and green fuel generation specialists, Lifecycle Oils, has appointed a new leadership team as part of its ongoing investment, expansion and growth programme. Adam Thompson,...

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...

Interview

Holding steady in challenging times

...is arguably a simple one – an independent, authorised Texaco Oil distributor providing a top of the range oil service along with ancillary products that complement the business perfectly.  ...
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...

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...

News

Investors welcome Shell net zero emissions plan

...and other oil majors to bolster their emissions reductions strategies. Earlier this year BP similarly unveiled wide-ranging net zero ambitions, while several top oil firms have acquired leading clean tech...

News

INEOS to buy DONG Energy’s oil & gas business

In acquiring the DONG Oil & Gas business for a headline price of $1.05 billion plus $250m contingent will position INEOS as a top 10 company and the biggest private...

News

Will liquid fuels be heating homes in 2030?

...the market for oil boilers predominantly in the replacement sector, OFTEC’s strategy is to retain the present oil-fired boiler market share. Using initiatives such as the Oilsave campaign, OFTEC is...