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...price. And anyway, Oklahoma is a long way from the UK. It is also important to understand who uses oil futures contracts and Mark elaborates; “They are used by oil...
...Oil. In 2018, Irving Oil acquired large independent, Tedcastle Oil Products (TOP), providing it with a distribution terminal in Dublin as well as a substantially expanded market reach. The refinery...
...of the crude oil sold around the world. The vast majority of crude oil is sold at a discount to these two grades. So when we talk about $20 a...
...at competitive market prices. “Now trading under the registered brand name ‘ValueOils.com’, the company runs a successful, independent online home heating oil price comparison website across the whole UK. The...
...imports into the UK doesn’t face any disruption. For historical context, the UK once had 18 operational oil refineries in the 1970s. At the beginning of this year, the UK...
...that the refinery can handle 45 different types of crude oil – although given its geographical proximity, the plant typically runs between 85% – 95% of North Sea sourced feed...
...most pressing environmental problems facing society today – how to deal with the millions of tonnes of plastic waste created every year. Margaret Major, Publishing Director for Fuel Oil News,...
...cover these requirements, leaving a modest surplus across all grades. Stockholding obligations Norway imposes emergency stockholding obligations on oil importers and oil producers who imported quantities of oil equal to,...
...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...
...since shipping moved from coal to oil. Government sponsored Navy oiling stations around the world provided physical impetus for the change from coal to oil burning ships of the line...
...the oil industry producing talented individuals who are specifically trained to further strengthen the oil industry. Worldwide it can be hard to attract people to oil and gas exploration. With...
...enhances Firefly’s access to sustainable feedstock for biofuels production while expanding its footprint into the growing Brazilian and Latin American markets. Through this new collaboration, Firefly Green Fuels and Sanepar...
...to advanced biofuel plants in the UK, has announced that its first project has progressed into the front-end engineering design (FEED) phase. Leading the way in future fuels The result...
...hold oil stocks at the higher of 90 days of average net daily imports or 61 days of average daily inland consumption. For the UK at present, as an oil...
...been realised through an international joint venture between Germany’s AVISTA OIL and Slicker Recycling from Stourport in the UK. They are both among the leading used oil collectors in Europe...
...imports. May The UK-US trade deal announced on 8th May, opened UK markets to US ethanol exports. Under the deal, the UK would expand market access to US ethanol, creating...
...zero, with regional oil and gas producers in Denmark, Norway and the UK deliberating over oil and gas transition pathways that will be vital to national, regional and global climate...
...via existing pipeline infrastructure that feeds directly into UK airports. The use of this fuel will reduce lifecycle CO2 emissions by over 80% compared to traditional jet fuel Sean Doyle,...