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...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...
...this has happened. April 20th, 2020, was the first day in history when oil recorded negative values. US oil benchmark West Texas Intermediate (WTI) fell from $17.85 at the start...
...confirms. “Given the highly competitive nature of the heating oil market, many users hold active accounts with multiple heating oil distributors making a fixed payment challenging to deliver without duplication....
...million off gas grid UK households, many of them in rural communities, who rely on heating oil to heat their homes, are facing little choice in their route to decarbonising...
This week, OPEC+ announced steeper than anticipated oil production cuts as Wednesday’s meeting of members reached agreement to slash production by 2 million bpd. Set against expectations of a 1...
Two of Europe’s best-known parts cleaning, oil and waste management firms have announced a new partnership, which will drive a large increase in used oil being collected and re-refined. Slicker...
...driven by increasing efficiencies and electrification of road transport. Natural declines in existing oil / gas production will necessitate continuing investment in new oil & gas production over the next...
...advantage over other marine gas oil suppliers.” The Geos Group (Sea Bunkering) is a physical supplier and international trader of marine gas oil, with stock in Aberdeen, Blyth, Great Yarmouth,...
...acknowledge the significant contribution of the oil and gas supply chain to the UK’s energy security and economy, as well as its role in the transition to cleaner energy sources,”...
...the Oilfast Group. A career in fuel distribution “I have been working for Oilfast for almost 3 years,” Jemma began, explaining her journey into this industry. “I started working for...
...(OFTEC), recently launched the Be Winter Wise campaign – a five-point guide to help heating oil users this winter. In addition, the guide provides information for heating oil users who...
...on the road. Fuel Oil News definitely recommends giving them a follow on LinkedIn! One of Ryan’s fantastic shots of a Ribble Fuel Oils tanker out on a winter morning...
...on 1st January 2021, family-run Tate Oil will be planting a tree for every 4th order a qualifying customer places – helping the 1.5 million homeowners using heating oil to...
Nicholl Fuel Oils has installed Northern Ireland’s first hydrotreated vegetable oil (HVO) fuelling facility at its Carryduff 24-hour forecourt with plans to make this new, renewable biofuel available across all...
Bury-headquartered fuel supplier Crown Oil Group is celebrating achieving carbon neutral status as it marks its diamond jubilee and believes it is the first fuel company in the UK to...
Leading oil and gas professionals Hamish Wilson, Bill Senior, Tony Smith, Martin Dru and Sarah Milne have launched BluEnergy, committed to enabling oil and gas companies to leverage their existing...
Thom Payne, head of offshore, rigs & wells at Westwood Energy discusses the cautious rallying of the oil market, and the direction of travel, for what has been a turbulent 2020...
...sustainability of HVO, particularly regarding feedstock sources. A recent BBC article highlighted specific issues surrounding the inclusion of waste products from palm oil production—such as palm oil mill effluent (POME)—a...
