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...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...
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...
...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...
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...
...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...
...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...
...more oil buying clubs, there will inevitably be more – batten down the hatches!” For further comment see the Value Oils blog – www.valueoils.com/blog/home-heating/heating-oil-buying-groups-2/ Joe Bradley, Bradley Fuels “I don’t...
...to cut emissions from oil and gas production, currently totalling about 18.5m tonnes a year, to net zero by 2050. This could include the electrification of offshore oil and gas...
...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...
When the price of crude oil rises, reports of oil theft increase. Alex Porter spoke to distributors about the situation in their area A recent article on the Fuel Oil...
...tenants. In return CBL has developed a community oil fund that purchases oil on behalf of Cottsway’s tenants. The smart meters inform CBL of oil used, with tenants able to...
...support the country’s oil needs is Whitegate. Oil refining on the island of Ireland Originally commissioned in 1959, Whitegate has a distillation capacity of 71,000 bpd. One third of output...
The Oil Market Journal (OMJ) has expanded rapidly from its origins in 1999 when its aim was to provide large volume oil buyers with reliable Rotterdam spot market trading assessments....
...“The average annual heating costs for heating oil users have fallen every quarter for the last three years and since April 2015 the price of domestic heating oil has fallen...
...forward Having set out to develop a ‘robust and flexible business model around low grade waste vegetable oils’, RGM Fuels (see page 6 Fuel Oil News July) is now in...
...turn. Renewable diesel / hydrotreated vegetable oil This product is made by hydrogenation and hydrocracking of vegetable oils and animal fats using hydrogen and catalysts at high temperatures and pressures....
Weybridge-based Prax Petroleum has been in existence for 10 years. In less than a decade, the company has risen to become one of the largest independent oil importers and suppliers...
...is hard work but the work offers good regular volumes,” Simon said. “Specification changes in gas oil have driven growth for us. The whole gas oil market is very interesting. ...
