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News

Oil price rises over $70 a barrel

...the economic revival will be soon coupled with oil demand recovery,” said Tamas Varga, an analyst at PVM oil brokerage in London. He cautioned, however, that the recovery still faced...
The band Tonto

News

Oilfast extends exciting partnership to support more dreams

...from low-income backgrounds to participate, Oilfast  launched the Oilfast Trust Fund to offer two scholarships. The Oilfast Trust Fund: A commitment to equal opportunity  James Hughes, Business Development Manager for...

News

NI oil stocks low due to unexpectedly high demand

David Blevings, spokesperson for NIOF said: “We have seen unprecedented demand for home heating oil during August as prices moved lower in the early part of the month and consumers...
An in-depth consideration of the latest BP Energy Outlook

Insight

BP OUTLOOK 2023: the outlook for global energy to 2050

...established oil and gas flows • Passage by the US Congress of the Inflation Reduction Act, which included a range of measures with significant incentives to promote renewables and emissions...

News

Bolstering onshore oil and gas

Tony Smith brings over 30 years’ experience in the oil and gas sector to the Peel Gas and Oil team. Peel Gas & Oil, a member of United Kingdom Onshore...

News

Great news for oil boilers

Grant Vortex oil boilers continue to hold their position as the No.1 choice in the UK whilst the Worcester Greenstar oil boiler range has obtained Which Best Buy status for...
Ken's Corner

Opinion

Ken’s Corner: A week is a long time…

...heated by oil. How Ireland is heated Source: Census 2022 A significantly higher proportion of oil heated homes are in rural areas compared to all homes in Ireland. 28% of...

Insight

The case for a UK CSO agency

...Downstream Oil Reporting System and for importers in the Oil Stocking System. Additional provisions introduced in 2012 require that for motor spirit, diesel/gasoil and jet kerosene at least 22.5 days...

News

OSS (Hydrodec UK) buys Eco-Oil business

...OSS and Eco-Oil collect and recycle waste oil and workshop hazardous waste together with fuel oil sales. Under the new arrangement both companies will in the short term continue to...

Insight

What future for heating oil?

...Energy Trends: Oil & oil products, Supply & use of petroleum products. So, it appears that the market has moved from the range of 2.2-2.5 million tonnes/year (2.7 to 3.0...

News

Oil Care Campaign prepares to celebrate 20 years

...safe disposal and management of oil. A network of oil banks which accept used engine oil for recycling has been established in England, Wales, Scotland and Northern Ireland. Organisers of...

News

Changes to oil regulations in Scotland

Are you compliant with the new changes made to Scotland’s oil regulations? The Scottish Environment Protection Agency (SEPA) has contacted Fuel Oil News for assistance in drawing attention to the...

Analysis

Mabanaft – majoring in innovative independence

...storage depots? “Oil majors moving their activities and operations back to more core areas of their business is understandable. Refineries are costly to run, and with the volatility in oil...

News

ECO3 – oil is included!

...ECO is to provide affordable warmth and help address fuel poverty, it would have been completely contradictory to exclude the repair or replacement of broken oil appliances when oil heating...

News

EOGB announces support for OFTEC strategy

...out extensive testing on HVO (Hydrotreated Vegetable Oil), a renewable fuel produced from used cooking oils and vegetable fats as well as from non-food grade vegetable oil fractions. If testing...