Interview
In profile with Pat Murnane of Tria Energy
...to government what would be the first law you’d press for? No tax on renewable fuels. It’s time to back viable alternatives! If your 20-year-old self saw you now what...
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News
NWF Group eyes acquisitions after second highest profit performance on record
...were down slightly at £675.6m, compared with £687.5m the previous year, and pre-tax profits were down 10% at £10.8m. However, net debt reduced by 19% to £31.3m, and the total...
Analysis
Planning for the future: Nextgen skills for the fuels sector
...retrain the workforce. “The UK Government recently announced it will ‘consider whether the current tax system, including the operation of the apprenticeship levy, is doing enough to incentivise businesses to...
Opinion
Will the energy transition bring new golden age for nuclear?
...of many crises – the cost-of-living crisis, Ukraine crisis, COVID and Brexit – can taxpayers really afford to pay their share towards dozens of new nuclear projects without seeing a...
Opinion
Survey suggests main impact of red diesel rebate change is increased cost
...on the industry’s needs. Lack of infrastructure Transport firms highlighted an almost complete lack of infrastructure for larger vehicles, whilst couriers and even taxi firms, pointed out that the time...
News
John Hogg Technical Solutions partners with Tunley Environmental
...the forefront of safeguarding product quality, combating fuel fraud, ensuring compliance, and enhancing tax revenues in over 70 countries. Notably, the company has catered to clients such as Shell and...
Opinion
Northern Ireland Government warned over heating sector decarbonisation plans
...for the homeowner to finance and adds a significant burden on the taxpayer. Similarly, England has offered a £5,000 grant towards an air-source heat pump, however, the total bill (including...
Opinion
Hydrogen and CCUS: a sector placed to deliver
...and de-industrialisation if UK tax and incentives fail to compete with countries such as the USA and Europe nations. However, if we get it right, then the future of the...
Opinion
CIA President speaks out against the UK Government’s lack of energy policy
...energy policy,” asked Crotty. “How irresponsible is that? The rest of the world is encouraging local oil and gas production, while we destroy ours through high North Sea taxes and...
News
Biofuels – an uncertain future
...to be bullish. The market outlook has not been helped by the loss of previous tax breaks on fuel duty and the slow adoption of biofuel targets under RED. Politically,...
News
UK government guarantees Grangemouth upgrade loan
...the House of Commons, and chancellor of the exchequer, George Osborne, have repeatedly made the economic case for the union. Ineos, a British company which relocated to Switzerland for tax purposes, is...
News
Success despite oil demand & price slump
...in 2019 to £396.8m last year. Pre-tax profit remained in line with expectations, however, at a healthy £4.7m. Commenting on the results, Group managing director Rory Clarke said: “Despite obvious...
News
Red diesel for trees but not the main man this Christmas
Given the season, UKIFDA has had a number of questions around Christmas trees and whether the felling and selling of trees qualifies for red diesel use. As with many areas...
Interview
Preparing for the red diesel rebate changes
With the changes to red diesel entitlement coming up next April, and ahead of a broader analysis of the impact on the industry and your customers in the November issue...
Opinion
Logistics sector welcomes Spring Budget retention of fuel duty cut
In response to today’s (15 March 2023) Spring Budget, Logistics UK is delighted that – following multiple calls from the business group – the 5ppl fuel duty cut originally introduced...
Opinion
Association criticises Government over Carbon Border Adjustment Mechanism
Fuels Industry UK is deeply disappointed by Government’s decision to not include the refining sector in the UK Carbon Border Adjustment Mechanism (CBAM) announced today. “A well-designed carbon levy, in...