News
Greenergy acquires Amsterdam biodiesel manufacturing facility
...oils but was never commissioned. Greenergy plans to carry out works over the next year to convert the facility to process waste oils rather than vegetable oils and then to...
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Insight
The case for a UK CSO agency
...Downstream Oil Reporting System and for importers in the Oil Stocking System. Additional provisions introduced in 2012 require that for motor spirit, diesel/gasoil and jet kerosene at least 22.5 days...
Analysis
Mabanaft – majoring in innovative independence
...diversify and expand. Marquard & Bahls owns Oiltanking, which is now one of the largest public oil and petrochemical storage companies in the world. In the UK, Mabanaft itself has...
Insight
Rapidly changing oil market creates pricing and supply issues
...to deliver the fuels the UK needs, while rearranging supply away from Russian crude oil and oil products to alternative sources in compliance with UK sanctions legislation. “Global markets have...
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?
...in place from January 2021. A spokesperson from Oil and Gas UK said; ”While Oil & Gas UK cannot comment on the commercial decisions, and individual opinions, of its members,...
News
Showcasing oil heating’s future
...exhibitors. Their support is testament to the show’s national significance.” To find out more about the Oil & Renewable Energy Show, call the team on 01565 653283 or visit www.oilandrenewableenergyshow.co.uk. ...
News
Oil – cheapest home heating fuel by far
With average annual heating costs for oil users falling every quarter for the last three years, consumer confidence in oil heating has greatly increased. This is reflected by rising boiler...
News
Oil – the cheapest of all major heating fuels
...data on comparative UK domestic heating prices, oil is now by far the cheapest of all the major heating fuels, costing just £930 a year to heat an average three...
News
Oil Terminal 2015 – positive feedback
The awards ceremony celebrated the achievements of the best tank farms and terminals from over 100 nominated companies. Finalists and winners can be found at www.oilterminal.org/nominations-2015 Major oil companies across Russia and...
Market Report
Prices and predictions – what does 2025 have in store?
...own forecasts for 2024 oil prices. Our headline prediction in Jan ’24 was for oil prices to “trend sideways and stay in the $70-$80 per barrel mark”. Arguably this was...
News
OSS (Hydrodec UK) buys Eco-Oil business
...efficiency of the business model as well as improve a market leading total waste solutions for both existing and new customers in the automotive and industrial sectors. www.ossgroup.uk.com www.hydrodec.com www.eco-oil.eu.com...
Opinion
Longer term impacts of coronavirus on the UK and Ireland’s oil industry
...with the travel arrangements for key workers. Oil and Gas UK has described the descent of the oil price as a “body blow” to the sector and called on “governments”...
Opinion
OGUK welcomes climate report impetus
...chief executive of OGUK said: “The UK offshore oil and gas sector is changing, as oil and gas companies are increasingly pioneering greener energy. It’s vital we harness the sector’s...
News
Fuel for thought…
...at a European, national and regional level. With over 1.5 million heating oil installations throughout these islands and millions more across Europe, the oil storage tank industry and the oil...
News
Oil theft – oil industry shows support with donation
...Northern Ireland Oil Federation (NIOF) resulted in Solo Direct offering to give the unit 1,000 litres of oil to help during this difficult time. With £1,000 worth of oil stolen...
News
Theft threat?
...communications manager. As an industry we must do everything we can to help customers secure their oil tank.” Share your thoughts on oil theft – prevalence and prevention liz@fueloilnews.co.uk https://blog.boilerjuice.com/3-ways-to-prevent-heating-oil-theft-in-your-area/...