News
Oil-fired homes – the clear winners
After the latest Sutherland Tables revealed that the cost of oil had fallen for the fourth successive quarter, the Federation of Petroleum Suppliers is urging consumers to buy now. Since...
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Monument Fuels – a monumental undertaking
...Prior to that Andrew worked at Hawkes Oils, County Oils, British Benzol and Total Butler, whilst Trevor’s career with Q8 Petroleum and then Pace Fuelcare included roles at distributors, head...
News
FPS EXPO 2015 – have you booked?
Spaces at FPS EXPO 2015 are filling faster than ever reports the Federation of Petroleum Suppliers. With just over three months to go before the exhibition takes place at the...
News
Taking strategic action
...66 is the Geos Group’s main fuel supplier. In January 2018 Geos also commenced marine deliveries for Phillips 66, with fuel distributor partner Par Petroleum undertaking road transportation. “Loading at...
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Billion litre contract goes to Wincanton
Phillips 66 has awarded a new contract to Wincanton for the delivery of over a billion litres of petroleum products per year. Operating from Immingham, Kingsbury and Stockton, a team...
News
The latest oil industry statistics
...the 2018 edition of the Statistical Review, click here. The UK Petroleum Industry Association (UKPIA) represents eight oil refining and marketing companies that operate the six major oil refineries in the...
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Stanlow – new long term working capital funding facilities
...crude oil and petroleum products at Stanlow. Management of customer relationships and of product sales processes remain with Essar Oil UK. In addition, a previous invoice discounting receivables financing arrangement...
News
OFTEC launches “Tank Safe” campaign
OFTEC has teamed up with the Environment Agency and the Federation of Petroleum Suppliers (FPS) to launch a new ‘Tank Safe’ campaign, urging the one million oil using homes in...
News
LWE launches VEHESTA as the vehicle energy station of the future
...on the petroleum industry as we know it. The UK Government ban on the sale of new petrol- and diesel-powered vehicles from 2030 has resulted in the development of alternatively...
News
FPS highlights low margins in response to claims of profiteering on heating oil
FPS chief executive, Mark Askew The Federation of Petroleum Suppliers (FPS) has responded to claims of profiteering on heating oil, explaining that community buying groups should be realistic about the...
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The UK’s downstream oil industry brings major economic benefits
...Economics report ‘The economic contribution of the UK downstream oil sector’ – commissioned by trade association, the UK Petroleum Industry Association (UKPIA) – underscore the industry’s central economic importance, both...
News
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,...
News
Phillips 66 shares future growth plans
...the Petrol Retailers Association and Mark Askew of the Federation of Petroleum Suppliers to deliver presentations at the conference. Also attending the event were Merril Boulton, editor of Forecourt Trader...
News
Inter Pipeline to acquire NuStar
...companies, petrochemical companies and petroleum traders with terms typically ranging from one to five years. Additional revenue is generated through ancillary services such as product blending and throughput fees. www.interterminals.com...
Opinion
Non-energy use of oil products a huge challenge to international trade
...may impact trade due to lack of available petroleum as countries look to reach net zero by 2050. “The motion of the oil cycle is often correlated with the economic...
Analysis
Ambitious EV growth targets raise UK grid concerns but what of the impact on oil demand?
...and the IEA is forecasting only a slight rebound to 220,000 bpd in 2025. The country’s largest energy producer, China National Petroleum Corp., has predicted that 2025 will see an...
News
New Emerging Energy roles support key focus for Phillips 66
...the UK Petroleum Industry Association, will lead communications for Emerging Energy. Commenting on the new roles Renee Semiz, managing director, UK Marketing, Phillips 66 Limited says: “Emerging energy and innovation...
Opinion
Servicing customers
...aiming to service the boilers of all its domestic customers. Distributors’ recommendations Whilst companies such as Carrs Billington, Barton Petroleum and Chandlers Oil & Gas do not provide boiler servicing,...