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News

Prax Petroleum’s parent acquires Harvest Energy

...in petroleum products and biofuels. It has substantial syndicated banking facilities which provide a platform to support the group’s national and international ambitions. State Oil’s managing director Sanjeev Kumar said:...

Opinion

New UK oil essential for low carbon future

...nearly half our electricity. “They also produce oil that gets refined into the petrol, diesel and other fuels that power our cars, vans, buses and trains.” Contributing to regional economies...

News

Business at Loud Fuel sounds familiar…

...Island and Citgo Petroleum in Braintree, the company often experiences problems with supply. “Citgo Petroleum runs short – as well as out – many times throughout the year. They’re also...

Opinion

Highs and lows of the oil price drop

...once more. There are reports from suppliers of customers buying extra tanks to store the cheap fuel, suggesting that many are following expert advice to take advantage of prices falling...
Data: the UKIFDA databank

Knowledge

Data: the UKIFDA databank

...petrol demand increasing by 4.1%, countered by a 3.2% decrease in demand for diesel. Biofuel demand continued to grow with bioethanol and biodiesel demand up by 16% and 19% respectively....

News

Extended contract for Hoyer Petrolog

Hoyer’s new Shell contract involves 70 vehicles and 240 drivers delivering retail fuels from five locations HOYER Petrolog has retained significant business with Shell to deliver retail fuels in the...

News

Hoyer Petrolog retains Valero refuelling contract

...Dublin airport HOYER Petrolog has retained its Into-Plane refuelling operation with Valero at Dublin airport with a three-year extension to its current deal. Allan Davison, operations director said: “The extension...

News

A shining light in the fuel industry

Celebrating on the OAMPS Petrochemical stand at FPS EXPO are Duncan Grant, the newly appointed FPS president with the winning Flynn Fuels’ tanker driver Ciaran Quinn and runner up Raymond...

News

Major investment at Essar

...regenerator head for a key petrol producing unit at its Stanlow refinery. Part of a £23 million refurbishment project, the 428 tonne steel head was lifted 225 feet before being...

News

IPRA welcomes excise freeze

David Blevings (far left) at the recent IPRA retail fuel show held in Dublin The Irish Petrol Retailers Association (IPRA) has welcomed the finance minister’s decision to hold fuel excise...

News

The Prax Group acquisition, appointments and securitisation

The Prax Group, a leading independent oil refining, trading, storage, distribution and retail conglomerate dealing in petroleum products and bio-fuels, has announced that it has successfully completed the strategic acquisition...
It is with great sadness that we report the peaceful passing, on 27th December 2022 in his 98th year, of Sidney Gilmore.

News

Sidney Gilmore

It is with great sadness that we report the peaceful passing, on 27th December 2022 in his 98th year, of Sidney Gilmore, former President of the Federation of Petroleum Suppliers...

Interview

‘More energetic, representative and visible’

Guy Pulham, who has succeeded Mark Askew as CEO of the Federation of Petroleum Suppliers, is seeking ‘greater engagement of members, Government and other trade associations’ Earlier this month Guy...

News

Fluctuating oil price fuels growth

...£407m in 2017 to £496m last year as oil prices peaked at key trading times in the year. Rix Petroleum, the largest business in the Group, accounted for 70% of...

News

Oil challenges and opportunities to be tackled at IP Week

‘Meeting today’s challenges, investing in tomorrow’s opportunities’ is the theme for this year’s International Petroleum Week in London on 18-20 February 2013. The global outlook for the oil and gas...