Market Report
Prices and predictions: how are we faring?
...the sale price of its refined products (e.g., petrol, diesel, jet fuel) minus the buying price of its crude feedstock. The first point to note is that a $35 refining...
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Simon – investing in our infrastructure
...Humber, the latter specialising in petroleum coke for export. The Associated British Ports’ (ABP) Immingham Dock & Grimsby Ports receive between 55-60m tonnes of cargo a year, of which approximately...
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Murco confirms sale of Milford Haven refinery: 400 jobs saved
The sale of Murco’s Milford Haven refinery has been confirmed, saving the facility from closure and safeguarding 400 jobs. Murphy Oil Corporation has announced that its wholly-owned subsidiary, Murco Petroleum,...
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Tank inspection robot in development
Phillips 66 and Square Robot have teamed up together to develop an autonomous robot that would enable petroleum storage tanks to remain in service for tank floor inspections. The robot...
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Greenergy proposes to end production at its Immingham biodiesel plant
...We are seeking urgent talks with ministers about increasing the amount of biofuels used in the UK’s petrol and diesel, a move which will help protect the biofuels sector, as...
Analysis
Products, services and developments for safer operations in fuel distribution
...environments typical on petroleum cargo tanks. Dixon’s thermo-optic and retain sensors, which form a part of this safety monitoring shut-off system, are ATEX approved and fully compatible with other manufacturers....
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Goff works on new depot
Goff Petroleum has chosen Alpeco to manufacture and install a 4-arm bottom loading skid at its newly acquired oil depot in Tenterden, Kent. Ray Fowler, operations manager at Goff Petroleum,...
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New petroleum safety course
The National Skills Academy has launched a one day Petroleum Safety Training course. Aimed at contractors working at top tier COMAH petroleum sites, the course has been designed to supplement...
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Trend for forecourt closures evens out
...133.82 p/l. Total 2014 road fuel sales for the year saw a 1.77% rise from 36mn tonnes to reach 36.64mn tonnes, with diesel sales once again outperforming petrol. Retail petrol...
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Definitely above Par
Earlier this year, Par Petroleum took the FPS Depot of the Year title for a fifth time. “There’s more trophies here than in Sunderland Football Club’s cabinet,” joked operations director...
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New fuel quality monitoring scheme
Turriff Fuels and CPL Petroleum have implemented the Federation of Petroleum Suppliers (FPS) new fuel certification scheme. Developed in conjunction with tank hygiene specialists, OTS TankCare and Scarletts Systems,...
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Certa doubles number of HVO-ready forecourts
...doubles the number of Certa forecourts now supplying Hydrotreated Vegetable Oil (HVO) at their existing pumps alongside petrol and diesel. HVO is a new second generation, low-carbon biofuel that serves...
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Brobot – successful but ‘remaining vigilant’
Brobot Petroleum, which operates 23 filling stations, has successfully appealed via the First Tier Tax Tribunal against HMRC’s imposition of unreasonable conditions to obtain an excise duty Deferment Account Number:...
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Further expansion at Inver Energy
...on its most ambitious expansion to date. A partnership with Greenergy saw further conversion of fuel oil storage to diesel, and the construction of a new petrol tank and rail...
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HOYER Petrolog announces agreement with BP
The agreement with BP is ‘a significant step in HOYER achieving its strategic growth objectives for both the UK and across Europe’ said Mark Binns, chairman of Hoyer Petrolog UK...
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Rix joins business resilience forum
Speaking about the threat of cyber crime Rix Petroleum’s Rory Clarke said: “Ignoring this threat to your business is like leaving the office with the alarm off and the keys...
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Barton Petroleum open day
Depot manager Angelo Colleta at the open day Last week Barton Petroleum held an open day at the company’s Oakley depot near Bedford. The open day was organised to celebrate...
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Drop in oil product demand highlighted in industry review
...of diesel-only cars was over 4x greater than that of petrol-only cars. This decrease in the overall car parc is due to the large decrease in the number of new...