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...cover these requirements, leaving a modest surplus across all grades. Stockholding obligations Norway imposes emergency stockholding obligations on oil importers and oil producers who imported quantities of oil equal to,...
...also developed two new oil reeling hoses specifically for the oil distribution industry – TECOIL and FUELTEC. FUELTEC is now a market leader and TECOIL entered the market in mid-2022...
...prices since September. Biofuels Biofuels got off to a poor start, dragged by ICE Gasoil. However, prices soon found support as on 9th January the EU formally adopted the Anti-Dumping...
...High Sulphur Fuel Oil LSFO – Low Sulphur Fuel Oil LSMGO – Low Sulphur Marine Gas Oil IFO – Intermediate Fuel Oil ECUK – East Coast UK ECA – Emission...
Jeremy Hawksley speaking about Oilsave and the fight for oil heating at the Fuel Oil News Distributor Debate earlier this month. See the March issue of Fuel Oil News for...
...attractively low oil prices. The two biggest strategic buyers of oil in the world are the oil reserve companies of the USA and China respectively, both of whom are currently...
...power increases up to 5.6 percent, and when the nanotechnology oil was tested against a competitor’s oil, Nanodrive recorded 33% lower friction. Application of the technology to road car oils...
...being falling market demand following the oil price rise in the aftermath of the first ‘oil shock’ which followed the October 1973 Yom Kippur conflict in the Middle East. Further...
...TouchStar after the company’s software provider, Fuelsoft, recommended the installation of TouchStar’s ‘Hawk’ units, which were then installed in six Ford Fuels vehicles. As with any business operation, time is...
...solar and heat pumps. The census shows that the number of oil-heated homes has dropped 3% since the last census. It is likely that many oil-heated homes are in the...
...as a good base of depots, that made it very easy to move into this new emerging market. “Once we started distributing oil we added a new business – Robinsons...
...secure affordable oil. A General Licence will be published shortly that will provide an Oil Price Cap exception for third countries, so that firms supplying oil to them are able...
Ian Moore, founder and managing director of The Oil Market Journal, takes us through the year, highlighting the main impacts affecting the oil price in 2022. Contained within this article...
The Net Zero Technology Centre (NZTC) has announced its 2024 TechX start-up cohort. The TechX Clean Energy Accelerator, now in its sixth year, will welcome 12 high-potential start-ups to the...
...one of the few female fuel tanker drivers in the South West. We spoke with the team from Rapid Start Recruitment, the petrochemical logistics specialist which represents Zoe, to hear...
...crude oil stocks of 4.5 million barrels, had an immediate impact on the oil price with crude oil trading lower the morning after the OPEC+ agreement was announced. Falling below...
...Tom Kirrane in the oil industry for nearly 40 years. Originally setting up Emo Oil, Tom ran Texoil as a joint venture with Chevron until he sold his share in...
...the highest dependencies on oil of all the European countries with some counties 75% reliant on oil for home heating. There are many in rural communities who drive 2.5 times...