News
NWF Fuels acquires Consols Oils
...second acquisition made by NWF Fuels this year; Midland Fuel Oil Supplies joined the NWF fold in February. Occupying the number four slot in the Fuel Oil News top 20...
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News
Roy Durell
...well as delivering the fuel in tankers. The business expanded, with the acquisition of Swedish Wharf in Fulham in the early 1970s, and was renamed Fuel Oils as it continued...
News
Crown Oil’s new fuel for fleet
...cent. The Greater Manchester business, part of the £420m-turnover Crown Oil family of companies, believes it is the first supplier in the UK to run all of its oil delivery...
News
Recognition for lead on fuel transition
...and only UK fuel supplier to run its entire fleet of tankers and delivery vehicles on vegetable oil in June 2021. The family business predicts a saving of around 3,080...
Interview
CDS: 50 years of powering customer success
CDS has been delivering innovative software, technical support, and customer service to the downstream oil and LPG industries for 50 years. Claudia Weeks, content editor for Fuel Oil News, visited...
News
The Prax Group to purchase Lindsey Oil Refinery
...integrated across the oil value chain from upstream to downstream,” said Sanjeev Kumar, CEO of the Prax Group. “Acquiring Lindsey Oil Refinery is a natural progression for the Prax Group,...
Opinion
Stick or Twist: oil services have crucial choices to make as energy transition accelerates
...for the transferability of skills between oil and gas and low carbon, this is not always easy or evident. All oil services companies have core capabilities in particular areas –...
Insight
Industry data: the latest update from the UKIFDA databank
...Temperature review Update on the diesel, gasoil and heating oil consumption to the end of March 2023. Update on prices of heating oil to the end of April 2023 Recent...
News
Prax Group agrees purchase of Total Lindsey Oil Refinery
The Prax Group has signed an agreement with Total to purchase Lindsey Oil Refinery and its associated logistic assets. With a strong track record of integrating acquisitions and managing assets...
News
BP to cut 10,000 jobs as virus hits demand for oil
...squarely at the door of the drop in oil prices and the global collapse in demand for oil owing to the coronavirus pandemic as he told staff; “You are already...
News
New leadership team at Lifecycle Oils fuels expansion plans
Used cooking oil collection, recycling and green fuel generation specialists, Lifecycle Oils, has appointed a new leadership team as part of its ongoing investment, expansion and growth programme. Adam Thompson,...
Insight
Association stats show steady progress towards net zero
...tolerance compared to those in America and Asia. Unlike crude, Russian oil products -especially diesel and gas oils – were replaced from a large mix of countries, notably India, Kuwait,...
News
Aramex UK opens new Aberdeen facility
...Oil Capital of Europe, Aramex UK has strategically chosen Aberdeen as its hub to open a brand-new warehousing facility which will serve new and existing oil and gas customers situated...
News
Crude oil supply – Essar enters new arrangement
Essar Oil UK has entered into new arrangements with Barclays Bank plc to cover the supply of crude oil to its Stanlow refinery. Under the new arrangements, Barclays will hold...
Insight
Task force to take action on UK refining and fuel import issues
...will the new Midstream Oil Task Force be able to fulfill these actions? Reflecting the government’s position on refining, the statements below are taken from the ministerial foreword from DECC’s...
News
Open to debate in Ireland
l-r From Corrib Oil in Co Galway – Tom Connolly, Gerry Mullen, Matt Stratford, Eamonn Dalton, with Neil Stewart, Stewart Oils, Co Roscommon 70% of distributors who completed the feedback...
Interview
ROM1 – a step in the right direction
In a bid to reduce illegal oil trading, the Revenue Commissioners introduced monthly Return of Oil Movements (ROM1) reports into the Republic of Ireland last year. Feeling weighed down by...
News
Investors welcome Shell net zero emissions plan
...and other oil majors to bolster their emissions reductions strategies. Earlier this year BP similarly unveiled wide-ranging net zero ambitions, while several top oil firms have acquired leading clean tech...