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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...
For years, many independent fuel distributors have watched the growth of hydrotreated vegetable oil (HVO) with cautious interest – balancing questions around demand, pricing, infrastructure investment and long-term viability against...
...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...
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,...
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...
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...
...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...
...tolerance compared to those in America and Asia. Unlike crude, Russian oil products -especially diesel and gas oils – were replaced from a large mix of countries, notably India, Kuwait,...
...Oil Capital of Europe, Aramex UK has strategically chosen Aberdeen as its hub to open a brand-new warehousing facility which will serve new and existing oil and gas customers situated...
Essar Oil UK has entered into new arrangements with Barclays Bank plc to cover the supply of crude oil to its Stanlow refinery. Under the new arrangements, Barclays will hold...
l-r From Corrib Oil in Co Galway – Tom Connolly, Gerry Mullen, Matt Stratford, Eamonn Dalton, with Neil Stewart, Stewart Oils, Co Roscommon 70% of distributors who completed the feedback...
In a bid to reduce illegal oil trading, the Revenue Commissioners introduced monthly Return of Oil Movements (ROM1) reports into the Republic of Ireland last year. Feeling weighed down by...
...and other oil majors to bolster their emissions reductions strategies. Earlier this year BP similarly unveiled wide-ranging net zero ambitions, while several top oil firms have acquired leading clean tech...
...be a bad reflection on both the business and the acquisition itself.” Now rebranded as Countrywide Oils – part of the family driven solution/part of the Ford Fuels Oils Group...
...barrels of oil equivalent per day in 2016 and with around 570 million boe of commercial and potential oil & gas reserves across the Danish, Norwegian and UK continental shelves....
...the market for oil boilers predominantly in the replacement sector, OFTEC’s strategy is to retain the present oil-fired boiler market share. Using initiatives such as the Oilsave campaign, OFTEC is...
...brings together 350+ delegates from oil and gas trading, storage, and shipping businesses representing refineries, oil terminals, and ports from 25 countries including Russia, the CIS, the Americas, Europe, and...
...very seriously,” added president of Irving Oil, Ian Whitcomb. Irving Oil looks forward to sharing more information on this acquisition upon the close of the purchase and sale agreement. www.irvingoil.com...
