News
BP energy outlook suggests global oil demand may have peaked
This year’s influential annual energy outlook from BP, published at the start of BP Energy Week, suggests peak oil demand may have already been reached last year. This marks a...
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Opinion
Ken’s Corner: Here Comes the Sun?
...the heating oil buying season? I’m not entirely sure. When I first started in this industry, there was a clear bias towards winter sales. However, the recent summer data has...
News
Optimising fuel deliveries
Certas Energy vehicles are now equipped with ATEX-approved Hawk mobile computers from TouchStar Technologies TouchStar Technologies has been working with Certas Energy to optimise its fuel delivery process. Having grown...
News
MRH GB acquired by Lone Star
...Star is a global private equity firm that invests in real estate, equity, credit and other financial assets. Since the establishment of its first fund in 1995, Lone Star has...
News
Inter Pipeline to acquire NuStar
...with approximately 10% of the independent storage capacity. The terminal provides gasoline, gas oil and fuel oil storage, and blending services, including those required to produce IMO 2020 compliant marine fuels....
News
Distributor diaries March 23: updates from our distributor community
...ok not to be ok”.” Nolan Oils is first recipient of new spill kit Mark and Luke Nolan of Nolan Oils have been great supporters of Oilshield, the bespoke insurance...
Interview
Nothing standard about this fuel oil distributor celebrating 10th anniversary
Liz Boardman speaks with Nick Goodwin, founder and director of Standard Fuel Oils as the company celebrates its 10th anniversary and looks back on ten years in the industry. It...
News
Crown Oil’s new fuel for fleet
...cent. The Greater Manchester business, part of the £420m-turnover Crown Oil family of companies, believes it is the first supplier in the UK to run all of its oil delivery...
News
Recognition for lead on fuel transition
Crown Oil is celebrating after its commitment to reducing greenhouse gas emissions secured a top industry award. The Bury-based fuel supplier was crowned the winner of the UKIFDA prestigious Green Award...
News
WINNER! Estuary Oils wins the 22nd Fuel Oil News Tanker of the Year Award!
...Oils (Maidment) WCF Fuels (Road Tankers Northern) BWOC (Feldbinder) Stevenage Oils (Lakeland) Craggs Energy (Tasca Tankers) Howells Fuel Oil (Road Tankers Northern) lnver Energy (Williams Tanker Services) Wilton Transport Mini...
News
The Prax Group to purchase Lindsey Oil Refinery
...integrated across the oil value chain from upstream to downstream,” said Sanjeev Kumar, CEO of the Prax Group. “Acquiring Lindsey Oil Refinery is a natural progression for the Prax Group,...
Opinion
Stick or Twist: oil services have crucial choices to make as energy transition accelerates
...for the transferability of skills between oil and gas and low carbon, this is not always easy or evident. All oil services companies have core capabilities in particular areas –...
Insight
The UK’s refineries: past, present and future
...used cooking oil to produce renewable diesel was started in 2017, at 50,000mt/year, subsequently expanded to 150,000 mt/year, with further expansion to 250,000mt/year in 2024. Earlier this year an agreement...
Insight
Industry data: the latest update from the UKIFDA databank
...Temperature review Update on the diesel, gasoil and heating oil consumption to the end of March 2023. Update on prices of heating oil to the end of April 2023 Recent...
News
Prax Group agrees purchase of Total Lindsey Oil Refinery
The Prax Group has signed an agreement with Total to purchase Lindsey Oil Refinery and its associated logistic assets. With a strong track record of integrating acquisitions and managing assets...
News
BP to cut 10,000 jobs as virus hits demand for oil
...oil giant told staff at the start of this week that the company is responding to the economic fallout of the Covid-19 pandemic. Chief executive Bernard Looney laid the blame...
News
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,...
News
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...