News
Oil heating is more competitive
The latest independent figures show oil prices have become more competitive over the last four years. LPG remains the most expensive fuel for off gas main customers. According to the...
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Interview
A career dedicated to fuel
...you only had winter prices and summer prices, which never moved. Rather than selling, it was a case of finding new customers, sharing some port and signing on the line....
Opinion
Preparing for a new oil world
Boris Ivanov Boris Ivanov, founder of GPB Global Resources discusses how the fuel oil industry can begin to prepare for the new oil world. With BP cutting 10,000 jobs and...
Insight
Heating future: prospects for kerosene and HVO
...Kerosene: This product heralded the age of the oil industry in the late 19th century when it was sold as lamp oil. The balance of probability is that its use...
Opinion
“Do you agree with the Northern Ireland Housing Executive (NIHE) that the Province should have more oil buying clubs?”
...more oil buying clubs, there will inevitably be more – batten down the hatches!” For further comment see the Value Oils blog – www.valueoils.com/blog/home-heating/heating-oil-buying-groups-2/ Joe Bradley, Bradley Fuels “I don’t...
Opinion
OGUK welcomes climate report impetus
...to cut emissions from oil and gas production, currently totalling about 18.5m tonnes a year, to net zero by 2050. This could include the electrification of offshore oil and gas...
News
Fuel for thought…
...at a European, national and regional level. With over 1.5 million heating oil installations throughout these islands and millions more across Europe, the oil storage tank industry and the oil...
News
Oil theft – oil industry shows support with donation
...Northern Ireland Oil Federation (NIOF) resulted in Solo Direct offering to give the unit 1,000 litres of oil to help during this difficult time. With £1,000 worth of oil stolen...
News
Theft threat?
When the price of crude oil rises, reports of oil theft increase. Alex Porter spoke to distributors about the situation in their area A recent article on the Fuel Oil...
Insight
No easy decisions at Whitegate
...support the country’s oil needs is Whitegate. Oil refining on the island of Ireland Originally commissioned in 1959, Whitegate has a distillation capacity of 71,000 bpd. One third of output...
News
Additional help for off-grid customers?
...lowest quote, as some of these high prices are just not feasible.” A copy of the Best Practice guide to Oil Buying Groups is available on the Oilsave website www.oilsave.org.uk...
Interview
Green Fuels: fighting climate change with sewage sludge
...all using the same feed sources, so they are competing which is driving prices up. Basically, used cooking oil in the UK is being fully utilised so any increase in...
Opinion
New analysis shows UK may need to turn to coal to keep the lights on this winter
...for the winter; with the scarcity value of electricity driving prices to exceptional highs, far beyond the level explained by gas prices alone. “To keep the lights on this winter...
News
UK road fuels – competition is ‘working well’
...rises in pump prices for petrol and diesel over the last ten years have been caused largely by higher crude oil prices and increases in tax and duty and not...
News
Q3 2012 – oil production and refinery demand
Total energy production, Q3 2012 Production of oil fell by 12.1% in the third quarter of 2012 when compared to the previous year. Oil consumption fell by 1.1%. The Department...
Opinion
Hydrogen (H2.0): a new dawn?
...around. Hydrogen stocks have now become an established investment class, reflected by blue-chip equity funds and long-term asset managers within their shareholder registers. In late 2019 share prices jumped similarly...
Opinion
Fuel duty freeze welcomed across sector
...move smoothly. Increasing fuel prices already risk economic recovery Brian Madderson, PRA chairman, commented: ”The levy has been frozen at 57.95ppl for petrol and diesel since March 2011,” he said....
Analysis
In review: the 2022 tanker market
...at the price when we’re ready to build.” Fluctuating component costs It’s the same at RTN, where Adrian is hoping that aluminium prices will stabilise this year and also highlighted...