News
A feeling of insecurity?
...far, Russia’s comments regarding a possible reduction in energy flows have focused more upon gas than oil and oil products, a fact reflective of Ukraine’s outstanding multi-billion debt to state-owned...
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News
Prax Petroleum’s parent acquires Harvest Energy
On Friday 26th June, State Oil announced that it had successfully completed the acquisition of Harvest Energy and Harvest Energy Aviation. Under the terms of the agreement, the companies will...
News
East Cork Oil abandons Atlantic and Geaney acquisition plans after competition scrutiny
...entities Atlantic Oils and Geaney Oil via three depots. The two distributors sell home-heating oil, diesel and sulphur-free gas oil and other products. East Cork Oil distributes fuel products, including...
Market Report
Fossil fuel fundamentalists vs. clean energy enthusiasts – will energy policy impact the U.S. election?
...now evaporated and Harris has (cautiously tbf) endorsed the industry… Oil and gas activity As to whether a Trump Administration means even more oil and gas drilling is not a...
Interview
The battle to offer a competitive product
...Top Oil has invested in its Dublin terminal Tackling low margins Outlining how consumer spending has changed, Martin said heating oil order sizes had reduced to 500 litres and even...
Interview
Kevin McPartlan of Fuels for Ireland
...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...
Insight
Ireland’s downstream oil infrastructure
...million tonnes per year of white oil products, supplies just under 30% of the Republic’s oil market requirements, particularly to the province of Munster. The remainder of the Republic’s oil...
Interview
DCC on ambitions for Ireland and energy transition
...for Retail & Oil, who joined the company 10 years ago, initially as managing director for oil, then for retail, oil and fuel cards, to understand more about DCC’s goals...
News
The shipping news
...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...
News
OptiMate is the key to MechTronic success in Ireland
...Dundalk Oil, Atlantic Oils and Stewart Oils all placing (and receiving) orders in 2020. Barry Finlay at Dundalk Oil said; “We are delighted to be the first fuel oil operative...
News
Oil – the only heating fuel where prices have fallen
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...
News
Portland Market Report – oil prices
...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...
Analysis
A deep dive into fuel distribution industry data
...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...
Insight
What price oil? 2022 in review
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...
News
UK refining – hunting for answers
The UK had 18 refineries, it now has 8. Fuel Oil News recently put a series of questions about the state of the country’s refining industry to Chris Hunt, director...
Interview
Oil v gas
...likens the presence of gas to the new competition posed by the selling of home heating oil on forecourts. The Northern Ireland Oil Federation (NIOF) has little doubt that the...
News
US oil price falls below zero for the first time in history
The leading representative body for the UK’s offshore oil and gas sector has warned the latest oil price developments could fundamentally undermine the ability of the industry to recover and...
News
Crown Oil completes acquisition of Star Oil
North West-based Crown Oil has strengthened its brand in the North West after acquiring an £18m-turnover oil supplier. The Greater Manchester company, part of the £420m-turnover Crown Oil family of...