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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Market Report
The meteoric rise and sudden demise of State Oil
...increasingly parlous state of UK refining. “THAT STATE OIL, PRAX AND ALL ITS OTHER SUBSIDIARIES WERE A HOUSE OF CARDS IS BEYOND DOUBT.” Portland first came across State Oil in...
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...
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Interview
The downstream customer
In the second in our series of customer conversations, Claudia Weeks, Community Content Lead for Fuel Oil News, spoke with more downstream oil users to find out what they really...
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....
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...
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...
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...
Market Report
Saving Mexico’s state oil giant – a strategy of hope over experience.
...nationalisation of all privately held oil interests in Mexico and for most of the 21st Century, Pemex has been Latin America’s second largest enterprise by annual revenue (Brazil’s state-run oil...
Further Reading
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...
Interview
A Day in the Life with Mike Heaton of Certas Energy
...the bunker estate, currently offering the product at 17 out of 27 sites. We have plans to develop this further, so eventually the whole bunker estate will offer HVO, as...
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...
Case Study
From theft to recovery: how technology delivered for Tate Fuel Oils
Following our recent report on how Tate Fuel Oils used DTS technology to thwart a theft incident, we take a closer look at the technology behind the successful recovery –...
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...
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...
Analysis
Why kerosene surged: Inside the heating oil price shock
...escalated, global oil markets reacted instantly. Shipping through the Strait of Hormuz – a critical oil transit route – was disrupted, tanker movements slowed and traders priced in supply risks....