News
Dealing with price volatility
...oil trading centres in Londonand Rotterdamgives us a unique insight in to market thinking and oil intelligence.” wwwfuelpricesonline.com The WP Group has used the service for over 10 years. Managing...
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Interview
Oil v gas
...likens the presence of gas to the new competition posed by the selling of home heating oil on forecourts. The Northern Ireland Oil Federation (NIOF) has little doubt that the...
News
US oil price falls below zero for the first time in history
The leading representative body for the UK’s offshore oil and gas sector has warned the latest oil price developments could fundamentally undermine the ability of the industry to recover and...
Interview
Ferguson Fuels: family-run, with customers at its heart
...was met by an increase in the need for oil from our customers to fuel their home heating,” he shares. Initially supplying the North West, the demand for heating oil...
Opinion
The billion barrel blow and why it may mean more pivoting in the fuel sector
...this has happened. April 20th, 2020, was the first day in history when oil recorded negative values. US oil benchmark West Texas Intermediate (WTI) fell from $17.85 at the start...
News
New appointment for Touchstar
Touchstar Technologies Ltd has appointed Mimi Masinja as Account Manager, Fuel Division. Mimi will be responsible for developing and nurturing Touchstar’s UK and Ireland customers. Working closely with Sales Director,...
News
Distributor diaries September 24: updates from our distributor community
...looks forward to continuing its support of the charity going forward.” Oilfast – proudly celebrating a special partnership Oilfast, the independent fuel supplier based in Motherwell, Scotland, recently offered an...
Market Report
Disrupting the sector: the new Nigerian super-refinery
...oil producer in Africa (15th in the world), but it also has the 10th largest oil reserves on the planet. At the same time however, those same casual observers would...
News
Top rating for 50th ECO Stars member, Greenergy Flexigrid
The Thurrock ECO Stars fleet recognition scheme is celebrating its 50th member with the sign up of Greenergy Flexigrid, who has been awarded a top rating of five stars. The...
Review
FoxInsights launches scalable telemetry kit for small to mid-size distributors
FoxInsights, a supplier of remote tank monitoring solutions, has introduced a telemetry starter kit designed specifically for smaller heating oil and diesel distributors. The kit aims to address the operational...
Opinion
Procurement: why embracing the net zero challenge is good for business
...in the news, the economic turmoil over the past few years has taken the focus for small businesses. Environmental action and carbon emission reduction have been sidelined by short term...
Opinion
Industry responds to CCC Sixth Carbon Budget
...UK downstream oil sector reiterates that it wants to work closely with UK governments to deliver the most effective policy and economic frameworks needed to reach net-zero. Downstream oil is...
News
Committed to the growth of the UK’s oil and gas economy
Essar Oil UK continues to invest at Stanlow and has expanded its UK retail network to 46 sites Essar Oil (UK), which owns and operates the Stanlow Refinery, has announced...
News
Oilfast extends exciting partnership to support more dreams
...from low-income backgrounds to participate, Oilfast launched the Oilfast Trust Fund to offer two scholarships. The Oilfast Trust Fund: A commitment to equal opportunity James Hughes, Business Development Manager for...
News
Leading industry company celebrates 50 years of innovation
...in oil fired central heating by manufacturing domestic oil storage tanks.” Timing is everything “We started in a cowshed at Churchdown near Cheltenham. The tanks were manufactured in the old...
Insight
The Humber refinery – a key indigenous source of supply
...to seek new sources of crude oil elsewhere. By the end of that decade a consortium, in which Continental Oil was involved, had discovered substantial reserves in Libya. To take...
News
Distributor diaries – latest updates from our fuel distributor community
...greener energy solutions.” Full story here. East Cork Oil abandons acquisition plans One of Ireland’s largest distributors, East Cork Oil, is not proceeding with its planned acquisition of Kerry- based...
Insight
The case for a UK CSO agency
...Downstream Oil Reporting System and for importers in the Oil Stocking System. Additional provisions introduced in 2012 require that for motor spirit, diesel/gasoil and jet kerosene at least 22.5 days...