News
Fluctuating oil price fuels growth
Hull-based J.R. Rix & Sons has reported a 21% rise in turnover in 2018, due to the integration of two new fuel businesses and the fluctuating price of oil. “Our...
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Insight
Marine bunkering – fuel for a vital activity
...oil/ light fuel oil, with maximum density which can range between 0.890 and 0.920 kg/m3 at 15 degrees C Marine gas oil – meets the inland heating oil specification i.e....
Opinion
New UK oil essential for low carbon future
...oil fields like Cambo, says Katy Heidenreich, operations director at Oil & Gas UK (OGUK). Katy shares her thoughts with us: “Shell’s decision to suspend its involvement in Cambo, the...
News
A feeling of insecurity?
...2012 contributed towards a 10%-15% increase in the price of crude oil that was reflected in the markets for petroleum products. As well as impacting energy prices, this in turn...
Opinion
Creating a low carbon energy system
...heating oil from refineries almost daily. In the first 10 days of the invasion prices were increasing on average 5p per litre per day, making it almost impossible to price...
Opinion
OMJ anticipates oil market movements
Amidst a global lockdown resulting in less and less demand for oil, the oil market has been in turmoil. Ian Moore, director of the Oil Market Journal (OMJ) shares his...
News
Heating oil’s future – making a difference
“Oil is the cheapest option for off grid homes and has been since October 2014,” says FPS chief executive Guy Pulham. The FPS is urging all those using oil to...
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
Oil prices fuel record financial performance for J.R. Rix & Sons Ltd
...achieve record profits. “Rix Petroleum was helped by an increase in the price of crude oil, which stabilised during 2022 as market turmoil created by the war in Ukraine began...
Opinion
The Distributor Debate
...in price include the instability in theMiddle East, which drives prices up, working against the weakness of the eurozone, which in turn pushes prices down. Currency is also a factor,...
News
Kerosene – community buying
...ring round price. It works really well. However, we don’t supply the larger buying groups who routinely contact at least 10 companies to negotiate the cheapest price.” According to a...
Analysis
Mabanaft – An “innovative approach” in a tough environment
...re-organisation and disinvestment has resulted, not least in refining and marketing in the UK,” said marketing manager, Stephen Rhodes. Increased wholesale prices “Downstream fuel prices remain high, with governments looking...
News
The shipping news
...High Sulphur Fuel Oil LSFO – Low Sulphur Fuel Oil LSMGO – Low Sulphur Marine Gas Oil IFO – Intermediate Fuel Oil ECUK – East Coast UK ECA – Emission...
Opinion
The future of oil heating debate – watch the video
...to be continued….. In the meantime your views on the ability of the oil heating market to resist the threats are invited jane@oilinstaller.co.uk. THE FUTURE OF OIL HEATING JEREMY HAWKSLEY...
Insight
Free advice for Welsh businesses in preparation for March 2020 deadline
...Pollution (Oil Storage, Wales) Regulations 2016 require any above ground oil tank over 200 litres to be provided with 110% secondary containment by April 2020. Also known as the Oil...
News
Simon – investing in our infrastructure
...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...
News
The future of oil heating – watch the debate
...to be continued….. In the meantime your views on the ability of the oil heating market to resist the threats are invited jane@oilinstaller.co.uk. THE FUTURE OF OIL HEATING JEREMY HAWKSLEY...
Interview
Preparing for oil off Ireland
...the oil industry producing talented individuals who are specifically trained to further strengthen the oil industry. Worldwide it can be hard to attract people to oil and gas exploration. With...