News
Market intelligence – FREE trial offer
The Oil Market Journal (OMJ) has expanded rapidly from its origins in 1999 when its aim was to provide large volume oil buyers with reliable Rotterdam spot market trading assessments....
search | star-oil
News
Theft advice to customers
The Federation of Petroleum Suppliers (FPS) says domestic oil consumers should be extra vigilant when it comes to safeguarding their oil supply. The FPS recommends heating oil customers take the...
News
Cheaper heating bills for oil households
...expensive than oil at £1,190 per annum. According to a new report from DECC published last month, the downward trend in oil prices is set to continue over the next...
News
A Wild Wednesday at the Fuel Oil News Distributor Debate
...Mark Nolan (7) of Nolan Oils, seen among many familiar faces, was spurred on by Jeremy’s call to fight for oil heating and is actively promoting the campaign in the...
News
Millers Oils steps up R & D
Millers Oils officially opened its state of the art Research and Development (R&D) centre in Brighouse, Yorkshire, last month. Millers, which has been supplying lubricants that help save energy for...
News
Fuel poverty – distributors get together
...of 15%. Midlands oil distributors who have supported the fund, and whose customers will benefit, include Midland Fuel Oils, AID Fuels and Nolan Fuel Oils. Before undertaking a national roll...
News
Lobbying for a better off-grid deal
In the run-up to last month’s Budget, the Federation of Petroleum Suppliers (FPS) had been lobbying the government on various fronts for the off-grid heating oil industry. Writing to Mr...
News
Acquisitions and long-term supply contract for JET Retail UK
...the furthest being Simpson Oils Ormlie site in Thurso. Since acquiring Francis Street in September 2019, Simpson Oils has made some infrastructure improvements. Further plans are in place to install...
Insight
Refining operations
...yield pattern by principal product category is as follows: Petrol @ 25% Jet A-1/ Kerosene @ 13% Diesel/Gasoil @ 30% Fuel Oil & Bitumen @ 15% LPG & Speciality Products...
News
Off grid homeowners benefit from low prices
...form of energy is the cheapest right now. The price of oil has continued to fall over the last quarter and the cost of home heating using oil is now...
News
Protecting consumers against summer oil theft
...tank on a regular basis. Remote electronic oil level gauges are available which will set off an audible alarm if the oil level in the tank suddenly drops or falls below...
News
People are the passion at Craggs Energy
...managing director Chris Bingham, who admits the business started without much market research, but instead relied on a gut instinct. Chris had no personal experience in oil, but set up...
News
FPS gets ready for winter
The Federation of Petroleum Suppliers has once again launched a campaign to encourage the 1.25m homeowners who use heating oil to be prepared for winter and order heating oil while...
News
Scotland’s first vegetable oil heated home
Recycled vegetable oil is being used for the first time to heat a home in Scotland. The revolutionary renewable fuel has been identified as a key alternative clean energy source...
News
‘A real thirst for expansion and growth’ at Aztec Oils
Derbyshire–based Aztec Oils recently completed the acquisition of the lubricant, pre-packaged fuel and contract packing business of Multispec Limited – formally Caldo Oils – for an undisclosed sum. (l-r) John Longstaff, BHP Corporate Finance; Andrew Fielder, Banner Jones; Mark Lord, and Janis Hartshorne, Aztec Oils; Matthew Chenery, Barclays and Katie Ash, Banner Jones Aztec...
News
Prax Lindsey launches first-of-its kind apprenticeship to support low carbon transition
Prax Lindsey oil refinery, a member of the Prax Group of companies, is partnering with apprenticeship provider, HETA (Humberside Engineering Training Association), to launch a new apprenticeship – the first...
Insight
Shared deliveries …
Up until the mid 1980s, oil companies in the UK were self sufficient in the ownership and management of their road tanker fleets. In 1985 a wind of change started to...
News
Joint launch for ‘Get Winter Ready’ campaign
Coinciding with the start of autumn, UKIFDA and OFTEC have joined forces to launch their ‘Get Winter Ready‘ campaign which is designed to encourage the 1.5m heating oil customers across the...