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...Bashneft. The agenda at the Oil Terminal 2015 industry forum reflects how growing oil exports have led to additional demands to increase the capacity of tank farms and exporting oil terminals....
...to create one of the UK’s first oil and gas facilities powered mainly by offshore wind. The deal will deliver the UK’s first Floating Offshore Wind unit manufacturing and assembly...
...storage depots? “Oil majors moving their activities and operations back to more core areas of their business is understandable. Refineries are costly to run, and with the volatility in oil...
...heated by oil. How Ireland is heated Source: Census 2022 A significantly higher proportion of oil heated homes are in rural areas compared to all homes in Ireland. 28% of...
...locations. Currently, oil is the most economical solution for off-gas properties. However, oil could face serious competition from technologies such as wood pellet boilers, and air source heat pumps. How...
...manufacturing steel oil tanks for the domestic heating market. He saw his natural progression as moving more into the oil market, and bought his first distribution tanker in 1988. As...
...Agency has stated, “send a unified and strong message to global oil markets that there will be no shortfall in supplies.” On 18 March, oil prices hit almost $130 (£99)...
...announced their merger. Both FPO and OMJ provide intraday and settlement oil price information to UK and Irish oil distributors, service stations and other large volume oil buyers. Basil Shourou...
According to the majority (53%) of respondents to Bloomberg Intelligence’s February oil-price survey, Brent oil is expected to be above $80 a barrel at the end of 2024 – the...
...Sea being profitable as oil is below $60 per barrel. “It is almost impossible to make money at these oil prices,” says Mr Allan, director of Premier Oil in addition...
Essar Oil UK has announced Elessent Clean Technologies’ BELCO® gas cleaning technology as the final key licensor technology provider for its planned EET Industrial Carbon Capture facility at Stanlow. This...
Boris Ivanov Boris Ivanov, founder of GPB Global Resources discusses how the fuel oil industry can begin to prepare for the new oil world. With BP cutting 10,000 jobs and...
...own forecasts for 2024 oil prices. Our headline prediction in Jan ’24 was for oil prices to “trend sideways and stay in the $70-$80 per barrel mark”. Arguably this was...
...managing director of GPB Global Resources B.V., the broader impacts of coronavirus on the oil industry Plummeting oil prices have had worldwide consequences but have been particularly painful for the...
...more oil buying clubs, there will inevitably be more – batten down the hatches!” For further comment see the Value Oils blog – www.valueoils.com/blog/home-heating/heating-oil-buying-groups-2/ Joe Bradley, Bradley Fuels “I don’t...
...to cut emissions from oil and gas production, currently totalling about 18.5m tonnes a year, to net zero by 2050. This could include the electrification of offshore oil and gas...
...Northern Ireland Oil Federation (NIOF) resulted in Solo Direct offering to give the unit 1,000 litres of oil to help during this difficult time. With £1,000 worth of oil stolen...
When the price of crude oil rises, reports of oil theft increase. Alex Porter spoke to distributors about the situation in their area A recent article on the Fuel Oil...
