News
Success despite oil demand & price slump
...slump in demand for petroleum products during lockdown, as well as an accompanying fall in oil prices, resulted in a 22 per cent drop in Group turnover, down from £509.3m...
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News
Getting warmer in the community
...tenants. In return CBL has developed a community oil fund that purchases oil on behalf of Cottsway’s tenants. The smart meters inform CBL of oil used, with tenants able to...
Interview
ESL Fuels: working with customers to deliver sustainable fuel solutions
...developed and launched Greenflame renewable heating oil, shortly followed by the launch of Ultra 35, a gas oil alternative for boilers. It was the fossil version that proved to be...
Analysis
Greenergy – liquid problem solving
...oil prices could have on the country’s financial health. “When crude is high, money goes on foreign oil, sucking the liquidity out of the UK and European economy. The underlying...
Opinion
Millions more UK households face hardship due to energy price crisis
...longer have any resilience to price shocks is crucial. As high prices continue and with volatile geopolitics impacting energy prices, targeting support to those who most need it is vital.”...
News
Spring statement sees ‘biggest ever’ cut to fuel duty
...vehicles around 6p. It comes as fuel prices continue to soar across the UK. On Tuesday, the average cost of a litre of petrol at UK forecourts was 167.3p, which...
News
Essar expands brand and secures retailer’s fuel supply with new contract
...on the site. Leveraging competitive prices As one of only six refineries in the UK, Essar is able to leverage its manufacturing strengths to provide quality products at value prices...
Opinion
Fuel prices trigger Santa’s cost of delivering crisis
2022 has seen unprecedented fuel prices which have added pressure to supply chains already creaking at the seams from Brexit and driver shortages. The fuel duty cut announced in March...
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...
Interview
A Day in the Life…George Brinkworth of Ford Fuels
...stock prices and external factors which could influence the market. From here, I set base prices for the fuel products across the group. Throughout the day, I undertake general account...
News
A low carbon economy by 2050?
The UK’s sensitivity to oil and gas price shocks could be reduced by using low-carbon forms of electricity generation, claims energy secretary, Edward Davey. By 2050, the negative impact that...
News
In Conversation with Klass Oil: a class act in energy distribution
...Tom Kirrane in the oil industry for nearly 40 years. Originally setting up Emo Oil, Tom ran Texoil as a joint venture with Chevron until he sold his share in...
News
Oil price at seven-year high amid supply concerns
...global oil inventories and the strength of demand. To avoid seeing the price of oil head into the $100 plus territory the best hope is that it is a combination...
Opinion
Non-energy use of oil products a huge challenge to international trade
...lower electricity prices.” Non-energy use of oil applications However, Mr Chapman points out that non-energy use of oil applications such as asphalt or bitumen used for road paving, roofing and...
Interview
Fuelling the future: The voice of the next generation
...Community Content Lead at Fuel Oil News, spoke with Luke Nolan, Sales Manager at Nolan Oils and Emma Osborn-Wilkes, Managing Director at Halso Fuels UK and EL-Oils to discuss how...
Interview
TEC: driving forward through innovation
...also developed two new oil reeling hoses specifically for the oil distribution industry – TECOIL and FUELTEC. FUELTEC is now a market leader and TECOIL entered the market in mid-2022...
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...