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...
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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,...
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Green fuel demand sees Crown Oil expand
Rocketing customer demand for alternative cleaner fuels sees Crown Oil expand with investment in a new site. The Bury-based business, part of the £420m-turnover Crown Oil family of companies, has...
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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...
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INEOS to buy DONG Energy’s oil & gas business
...barrels of oil equivalent per day in 2016 and with around 570 million boe of commercial and potential oil & gas reserves across the Danish, Norwegian and UK continental shelves....
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Oil Terminal 2019 – Tank farms and oil terminals: operation, modernisation, development
...brings together 350+ delegates from oil and gas trading, storage, and shipping businesses representing refineries, oil terminals, and ports from 25 countries including Russia, the CIS, the Americas, Europe, and...
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Irving Oil to acquire Whitegate
...very seriously,” added president of Irving Oil, Ian Whitcomb. Irving Oil looks forward to sharing more information on this acquisition upon the close of the purchase and sale agreement. www.irvingoil.com...
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Isuzu first for Darch Oil
The new Isuzu vehicle at Darch Oil – supplier of fuels, heating oil and lubricants to customers in Somerset, Dorset, East Devon, South Wiltshire and West Hampshire Independent family-run Darch Oil has...
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OGIC – supporting innovation in oil & gas
Fergus Ewing, minister for energy, enterprise and tourism, at the launch of the Oil & Gas Innovation Centre in Aberdeen The newly established Oil & Gas Innovation Centre (OGIC) is...
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Two acquisitions for the Crown Oil Group
Having recently acquired Birlem Oil, the Crown Oil Group’s Speedy Fuels brand is looking forward to expanding its presence in the south east This month has seen Crown Oil acquire...
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Crude oil trend boosts heating oil prices
...open to striking a deal with OPEC to reduce oil output. “Considering that heating oil prices increased sharply following speculation around the last OPEC meeting where the organisation reached an...
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Will YOUR customers “buy oil early” for winter?
Heating oil consumers across the UK are being urged to change their energy habits and order heating oil early before the winter weather arrives. The FPS (Federation of Petroleum Suppliers)...
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NWF Group acquires Northern Energy Oil in £8.3m deal
...years, having started by supplying milk from local farms before expanding into agricultural fuels, heating oil and, most recently, LPG. “Selling our oil business to a larger player who is...
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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...
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The ‘Oil is cheaper’ campaign
Last month several oil boiler, tank and burner manufacturers got together to promote the use of oil with an advertisement in the Belfast Telegraph. ___________________________________________________________________ WITH THE GROWTH OF NATURAL...
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Oiling longevity at Morris Lubricants
...attributed the Volvo’s longevity to regular oil changes. “Morris Lubricants have a very good reputation for quality oil,” said Jeff. “They are company that always ensures that their oil is...
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
What price oil? Fuel industry experts share predictions for 2023
Unprecedented, tumultuous, extraordinary. Access to a thesaurus was useful whilst writing about the oil markets and fuel prices in 2022. As we enter 2023, conflict and covid are still having...