News
Tate Oil’s decarbonisation scheme grows roots
...on 1st January 2021, family-run Tate Oil will be planting a tree for every 4th order a qualifying customer places – helping the 1.5 million homeowners using heating oil to...
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News
Super growth for State Oil
Members of the State Oil team attended the event which took place at Mercedes-Benz World in Weybridge The State Oil Group – parent of Harvest Energy and Prax Petroleum –...
News
September 14 update
...North Sea oil had just been discovered and the slogan “it’s our oil” began to get traction. Back in October 2013, we looked at the downstream oil industry in Scotland...
Insight
What price oil? 2024 In review
...election. OPEC delayed production curbs for an additional month until January 2025. ARA oil stocks were depleted early in the month with gasoil at a 14-week low on 7th November....
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Opinion
North Sea oil and gas must address challenges to mitigate energy crises
...is to the Danish economy and welfare state – contributing $1bn in state revenue in 2019 – this transition can only be just if this lost state revenue is replaced...
Market Report
The eternal influence of black gold
...oil company) and, instead, is an operating tri-venture between Exxon Mobil (45%), Amerada Hess (30%) and China’s National Offshore Oil Corporation (25%). With little experience in negotiating oil concessions, Guyana’s...
Interview
Celebrating 50 golden years of Peak Oil
...Peak Oil Tom Pearson founded Peak Oil as a business from his home address in Dronfield, back in 1972 and explains how it all began: “I started Tom Pearson Oils...
Interview
In Conversation with The Oil Lady
The Oil Lady is a fuel distribution business based in little Yeldham, Essex. It was founded in 2015, by Sheila Considine. Claudia Weeks, Content Lead for Fuel Oil News, spoke...
Insight
Security of oil supply in the fuel distribution sector
...of Russia’s role in the petroleum industry as the world’s second-largest crude oil producer and largest exporter of refined oil products. Closer to home, Russia supplies about 30% of Europe’s...
News
Distributor diaries March 23: updates from our distributor community
...Read the full story here Tate Oil Team are Total Warriors again! A group from Tate Oil are clearly gluttons for punishment, having signed up for the Total Warrior 2023...
Further Reading
Analysis
What is the direction of travel for the UK energy sector?
...Conservative commitment to keeping the oil and gas windfall tax they introduced as well as the allowances that incentivise investment in North Sea oil and gas. The Conservatives The Conservatives...
Insight
The changing world of the oil trader
...Total, etc. These vertically integrated international oil companies (IOCs) have been joined by state owned concerns, or national oil companies ( NOCd )- names such as Aramco, Kuwait Petroleum, IPC,...
Opinion
Free oil? Not today …
...unlikely to have sold any physical oil at negative prices. The oil industry is already absorbing much of the short-term price shock by putting oil into storage, both on land...
Insight
The downstream oil market landscape of Ireland in the 2020s
...Oil. In 2018, Irving Oil acquired large independent, Tedcastle Oil Products (TOP), providing it with a distribution terminal in Dublin as well as a substantially expanded market reach. The refinery...
Interview
Value Oils: leader in online fuel distribution
...Oils? “There are many benefits for suppliers selling oil through our website, including: • They are in complete control of the pricing and delivery windows they offer and can easily...
Interview
The downstream customer
...oil and there is a premium price to be paid for last minute deliveries!” Sue reflected: “We think that oil distributors would help, but the quicker you want your oil,...
Analysis
Prax – a fast track wholesaler
...of automotive and industrial fuels in the UK Prax is owned by The State Oil Group which operates 22 service stations and employs over 100 staff in the Midlands and...
Opinion
Home heating policies are impacting voting intentions in key rural constituencies
...of switching to a renewable liquid fuel. Over 1,000 voters on oil heating were surveyed across 15 seats including those of Prime Minister Rishi Sunak (Richmond), Secretary of State for...