News
2023 Tanker of the Year nominations are open!
Entries are now open for the Fuel Oil News Tanker of the Year 2023 award. Calling all fuel distributors and tanker and tanker equipment manufacturers. We are now welcoming nominations...
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News
Fuel Prices Online™ merges with The Oil Market Journal™
...announced their merger. Both FPO and OMJ provide intraday and settlement oil price information to UK and Irish oil distributors, service stations and other large volume oil buyers. Basil Shourou...
Insight
Oil-price survey forecasts Brent to be above $80 a barrel by end of 2024
According to the majority (53%) of respondents to Bloomberg Intelligence’s February oil-price survey, Brent oil is expected to be above $80 a barrel at the end of 2024 – the...
Opinion
North Sea oil industry in crisis?
...Sea being profitable as oil is below $60 per barrel. “It is almost impossible to make money at these oil prices,” says Mr Allan, director of Premier Oil in addition...
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...
Market Report
Prices and predictions – what does 2025 have in store?
...crude oil tankers around the world, which roughly speaking, equates to a supply interruption of around 10m barrels of oil. This is easily enough to temporarily send prices northwards but...
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...
News
Bigger loads, better efficiencies for Kinch Fuel Oils
...strong tanker fleet at Kinch Fuel Oils is fitted with a 7000-litre tanker body, commissioned and built by Road Tankers Northern in Barnsley. With a three-compartment tanker body for even...
Review
FoxInsights launches scalable telemetry kit for small to mid-size distributors
FoxInsights, a supplier of remote tank monitoring solutions, has introduced a telemetry starter kit designed specifically for smaller heating oil and diesel distributors. The kit aims to address the operational...
Interview
Stephen Keep, tanker driver: ‘Tanker driving has been his whole world’
Back in 1982, the cover of the February issue of Fuel Oil News featured a learner driver guiding a fuel tanker fitted with skid chains through deep snow. From the...
Review
In review: The Tank Storage Association Conference and Exhibition
...tomorrow and to open up a new frontier of possibilities. A time to come together Nunzia Florio, Communications Director for the Tank Storage Association, said: “The 2024 Tank Storage Conference...
News
New Era Energy launches fuel tank restoration programme
Essex-based New Era Energy has launched a nationwide Fuel Tank Restoration Programme, offering a sustainable alternative to new tank purchases by extending tank life by at least five years and...
Opinion
The billion barrel blow and why it may mean more pivoting in the fuel sector
...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...
News
Oil-fired homes – the clear winners
...existing buildings in the Republic of Ireland. “Oil prices have tumbled once more, making oil heating the cheapest form of home heating regardless of location, type of property and whether...
Insight
A critical role for Stanlow
A key source of supply – the Stanlow refinery – supplies approximately 15% of the Uk’s transport fuel requirements It also has 1.8 million metric tonnes (mt) of catalytic reforming...
Opinion
Will my supplier be putting FAME in my gas oil?
...to buy gas oil without biodiesel, so we’re planning to keep our gas oil FAME-free. It is not our intention to blend FAME into our gas oil at any location...
Opinion
Business and energy minister backs winter fuel readiness campaign
...winter deaths. “It costs nothing to be part of the CWP initiative and you only need to ask your local UKIFDA Member oil distributor who supplies your heating oil and...
Opinion
Longer term impacts of coronavirus on the UK and Ireland’s oil industry
...managing director of GPB Global Resources B.V., the broader impacts of coronavirus on the oil industry Plummeting oil prices have had worldwide consequences but have been particularly painful for the...