News
Hydrogen cars: are we there yet?
...economic growth and capable of generating $43 billion of economic growth and creating 420,000 jobs. To facilitate this, subsidiaries, loans and tax benefits have been in place for the hydrogen...
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News
Diesel laundering plants
...producing nearly 120,000 litres of suspected illicit fuel a day; the plants would evade almost £12.5 million in taxes a year A further eight premises were searched with a further...
News
Committed to the growth of the UK’s oil and gas economy
...Refining Margin ($/bbl) 11.0 7.6 +45% EBITDA (in $m) 264 118 +124% Profit after Tax (in $m) 169 51 +231% “To further develop the Essar Oil UK business, we continued the roll-out of our UK retail network...
News
Fenton Packaging Solutions offers sustainable alternative to rigid plastic containers
...liable for Plastic Packaging Tax (PPT) and also need to pay a professional waste company to take away and dispose of the empty containers. Delivering sustainability gains across the supply...
Opinion
Procurement: why embracing the net zero challenge is good for business
...EU, the UK is likely to follow in 2026. Under CBAM, materials such as iron, steel, aluminium and hydrogen will be taxed based on the carbon emissions created during their...
Opinion
The future of oil heating debate – watch the video
...Code for Sustainable Homes, bioliquids being ruled out of the Renewable Heat Incentive(RHI), the possibility of an extra tax and the RHI subsidies. Whilst Riello sees oil working in partnership...
News
Nicholl Fuel Oils achieves a fuel first
...the impact on the environment if businesses such as taxi companies, the agricultural sector and the construction industry, to name just a few, made the switch today and fuelled their...
News
Industry unites to innovate and collaborate at UKIFDA Show 2025
...the impact of high-profile figures like Donald Trump on market dynamics and the role of tax and regulation within the industry, all topics crucial to the industry’s development. In a...
Opinion
Increasing fuel duty would harm growth, warns Logistics UK
...than stifle the increased economic activity which our industry is able to drive, we need Ms Reeves to consider other alternatives to fill the fiscal gap. “Increasing fuel tax would...
News
Putting some fire into Cold Homes Week
...of the campaign, were presented to MPs to highlight the fuel poverty issue. EBR is urging the government to use the money it gets from carbon taxes to help make...
News
CTS Piusi range compatible with new fuels
...model to the Swedish one, whereby making HVO completely tax-exempt saw a 124% increase in usage. You can find the full statement from Centre Tank Services at www.centretank.com. ...
Opinion
Fuel industry responds to Transport Decarbonisation Plan
...was the notable omission. This would be a much fairer and more efficient way to tax motoring, while also cracking down on carbon emissions and air pollution, as people are...
Opinion
Logistics heroes unfairly blamed for transport policy failures
...been able to be drawn down thus far, representing a tax on our sector and a huge, missed opportunity for recruitment. “It is also a national disgrace that thousands of...
News
Logistics UK hosts decarbonisation panel
...to invest in new technologies. Government should seek to ensure tax incentives, regulatory changes, innovation funding and investment create certainty and support private investment to increase the uptake of green...
News
Statistics demonstrate downstream oil’s vital role
...£39.4 billion was collected in tax from road fuel duty and VAT in 2018, the highest amount over the last decade. The UK continues to be an overall importer of...
News
‘A real thirst for expansion and growth’ at Aztec Oils
...Oils with tax advice being provided by Mark Cooper and Katherine Taylor. Andrew Fielder and Katie Ash from Banner Jones provided legal advice. Funding for the transaction was delivered by...
News
Delivering SAF at scale: a sector investing in future production
...could support this new manufacturing sector to get off the ground, including tax credits for domestic production, contracts for difference, grant funds and exemptions from other policies like emissions trading...
Opinion
Ken’s Corner: why change for the sake of change is not the change we need
...unsuccessful primarily because the cost of the alternative is either higher in pure terms and/or taxed the same as the fossil fuel, therefore providing little or no incentive to change....