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...
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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...
News
A lubricants package that delivers
...staff training. “For the first time in over 7 years of wholesaling other brand engine oils we can finally see profits in small pack engine oil. Previously our oil brands...
Market Report
Battery raw materials – could they become the biggest obstacle to EV rollout?
...an extremely precarious supply-chain, and prices of cobalt reflect this. It currently trades around $31,000 / t but this is cheap compared to previous years, when the price hit 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...
Insight
Compulsory oil stocking obligations: a UK update
...international requirements to maintain the requisite minimum levels of oil stocks to mitigate any supply crisis. These were: EU obligations Under EU Oil Stocking Directive 2009/119/EC, members are required to...
News
Heating oil theft falls
...influenced by the sustained fall in heating oil prices we have seen over recent times, meaning oil is not the expensive commodity it once was.” “The report findings also suggest...
News
Oil price recovery and staycations fuel growth for J.R. Rix & Sons
High oil prices combined with a growing demand for holiday homes and lodges saw East Yorkshire family-owned business J.R. Rix & Sons Ltd increase turnover by 42 per cent last...
Insight
The changing world of the oil trader
...Total, etc. These vertically integrated international oil companies (IOCs) have been joined by state owned concerns, or national oil companies ( NOCd )- names such as Aramco, Kuwait Petroleum, IPC,...
News
August update
...impact it may have on oil prices within the EU. The GSP allows import tariff exemptions on goods from developing countries, thereby encouraging trade with poorer countries. It may come...
Opinion
What is the best Christmas present for a fuel distributor?
...a Christmas present for the industry, Richard chose ‘the continuation of very sensible oil prices – high prices were doing us a lot of damage. The low oil price has...
Interview
DCC on ambitions for Ireland and energy transition
...for Retail & Oil, who joined the company 10 years ago, initially as managing director for oil, then for retail, oil and fuel cards, to understand more about DCC’s goals...
Insight
What are the issues causing uncertainty in the oil and gas sector?
...Russia by other global powers caused a notable surge in the price of WTI crude oil to $133.46 (£106.89) per barrel and Brent crude oil to $139.10 (£111.43) per barrel,...
News
Unprecedented demand creates temporary oil shortage in Ireland
...to ration deliveries while the supply catches up. Some oil distributors have notices on their websites saying they are out of stock, with others removing prices from their sites. But...
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...
Analysis
Energy Resilience – Is the UK facing a crisis?
...had 6 operating oil refineries, all under all or part foreign ownership, other than the Prax Group owned Lindsey Oil refinery based on Humberside. As of today, only five remain,...
News
Vintage year of success for Millers Oils
...power increases up to 5.6 percent, and when the nanotechnology oil was tested against a competitor’s oil, Nanodrive recorded 33% lower friction. Application of the technology to road car oils...
Analysis
A deep dive into fuel distribution industry data
...solar and heat pumps. The census shows that the number of oil-heated homes has dropped 3% since the last census. It is likely that many oil-heated homes are in the...