Insight
Gas grid and storage facilities in the UK
...circa 170,000 miles of pipelines. The above infrastructure supports the largest gas market in Europe at just under 80 billion M3 in 2012 (70 million tonnes of oil equivalent) –...
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News
FoxInsights and Slicker Recycling partner to innovate waste oil collections
FoxInsights, provider of advanced telemetry solutions, has formed a partnership with the UK’s largest waste oil collector, Slicker Recycling, to transform collection processes. Together, they are launching an innovative tank...
Opinion
UKIFDA encourages homeowners to begin transition to biofuels
In a campaign launched by UKIFDA, the 114,000 households across Wales which use oil heating are being advised on a plan to decarbonise the heating in their homes through the...
Insight
A vertically challenged market
...UK oil market has seen a gradual shift away from domination by the oil majors and mini majors. Their rationalisation and repositioning created a vacuum now filled by importers and...
News
INEOS completes Forties Pipeline acquisition from BP
...responsibility for a strategic UK asset that delivers almost 40% of the UK’s North Sea oil and gas output, INEOS has further strengthened its long-term oil and gas activity. The...
News
Distributor diaries October 2024: updates from our distributor community
...whole experience even more rewarding.” Nolan Oils – Oxfordshire County Show support Nolan Oils, the Bicester-based fuel distributor, is always keen to support and help their local community. They have...
Interview
A better strategy for Irish distributors
...capital employed (ROCE) The RoI heating oil market is oversupplied – simply put, there are too many oil distributors. This equilibrium imbalance can only be resolved by a reduction in...
News
ESL Fuels hits one billion litre sales for Ultra 35
...the compromise of being a heating oil and off road engine oil. “One billion litres of Ultra 35 is a landmark production figure for our business,” commented managing director Stephen...
News
Fuel distributors back calls for renewable liquid fuel tax to be slashed
A leading UK heating oil distributor is backing the call for the Chancellor to slash the tax on renewable liquid heating fuels. Fuel distributor, WCF, is a member of the...
News
Geneva hosts first Oil Trading Risks summit
Conference organiser, International Research Networks (IRN) is holding its inaugural Oil Trading Risks Summit in Geneva on October 22/23. “With oil being such a volatile, political and essential commodity, managing...
News
WP Group confirm acquisition of Upton Oil Company
...across the south including Ringwood and Dorchester, Upton Oil Company specialises in supplying a local, friendly service to heating oil users, the farming community and commercial customers. David Fairchild, managing...
Insight
Industry impacts of the reset of government net zero policy
...oil boiler ban is another step towards greater fairness and choice for those with oil-heated homes. Ken Cronin, CEO UKIFDA commented: “As the details continue to unfold a lot of...
News
DCC Oil Ireland rebrands to Certa Ireland
...decades and the new branding, which came into effect on the 1st September 2022, pulls each of its leading Irish consumer brands – Emo Oil, Campus Oil Ltd, Jones Oil...
News
UKIFDA and OFTEC launch ‘Be Winter Wise’ campaign for heating oil users
...oil supplier to include them in it. The campaign also provides resources for heating oil users who are struggling to pay for their oil, including the Government’s Help For Households...
Opinion
Oil & gas: embracing the digital future
...partners in major oil companies have talked about how the coronavirus pandemic has altered both short-term and long-term outlooks in the business. Namely, due to the fact that oil and...
News
Slicker shortlisted for waste oil recycling
...launched a £70 million base oil re-refinery in Denmark, last July, as part of a joint venture with its German partner, Avista AG. Through the Danish facility, used lubricating oils...
News
OMJ’s port report service
The Oil Market Journal (OMJ) has launched a series of new dashboards which provide full details on oil tankers en-route, in port and at anchor in ports around the United...
News
Oil prices rise on OPEC+ deal extension
An agreement to extend the deal on record production cuts until the end of July which was reached at a virtual meeting of OPEC+ on 4 June, saw oil prices...