Analysis
An industry acquiring
...strategic acquisition of Lindsey Oil Refinery, and its associated logistics assets in the UK, in March this year. This followed an agreement, signed in July 2020, to purchase the refinery...
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News
UK refining – hunting for answers
...believe that Europe will give up on refining. “Total retaining the Lindsey refinery for the foreseeable future was welcome news as this plant has had the most recent major investment...
Insight
Sector decarbonisation: The future transport energy mix
...The biggest challenge presented is long-haul journeys (those over 7 hours duration) which, while comprising less than 10% of total flights, account for 52% of total aviation emissions. Recognising this,...
News
Prax appointment brings wealth of knowledge
...extensive commercial and operational experience in the industry, Mark will be responsible for overseeing the Group’s UK downstream activities, with the exception of Prax Lindsey Oil Refinery. He will report...
News
The Prax Group appoint interim CFO
...was more recently, the commercial and financial lead for the group in the acquisition of Prax Lindsey Oil Refinery. With over two decades of experience across oil and gas, manufacturing,...
Insight
A look at the shape of the future UK downstream oil sector landscape
...Oils, and then, over the ensuing 15 years, embarked on an ambitious distributor acquisition programme, which included the equity distributor businesses of Shell (Shell Direct), Texaco and Total (Total Butler). ...
Insight
In a turbulent sea, the clean energy transition proves surprisingly steady
...accounting for 38% of the total with $676 billion invested last year, the EU, US and UK delivered a combined investment that exceeded that of China. With investment growth driven...
News
Suttons lands Total contract
New contract with Total UK strengthens Suttons position as a supplier of bulk fuel transport Suttons has landed a new contract with Total UK for the distribution of petroleum products...
News
Total outlook downgraded from stable to negative
Moody’s Investors Service has changed the rating for Total SA from stable to negative. The move reflects Moody’s concerns that significant investment in Total’s upstream business since 2010 has constrained...
Insight
Strategic supply from Britain’s largest refinery
...a reduced total distillation capacity of 275,000 bpd. Supplying 15% of the country’s requirements As Britain’s largest refinery, Fawley now accounts for 18% of the country’s total refining capacity...
Insight
Marine bunkering – fuel for a vital activity
...comprise around 25% of total international bunker use. By far the largest bunkering port in the world is Singapore, which supplies around 36million mt/year; total US bunkering activity amounts to...
News
Q2 2012- oil production and consumption decreases
Total energy production – Q2 2012 Oil production fell by 12.2% in the second quarter of 2012, compared with a year earlier. Oil consumption fell by 2.4%. The Department of...
News
Research into new marine lubricants
Total’s new facilities significantly add to the company’s existing capabilities for both lubricants formulation and testing Earlier this month Total Lubmarine opened new laboratory facilities near Lyon in France. The...
News
Oil & Gas working together for net zero future theme for SPE Offshore
...Jean-Luc Guiziou, managing director of Total E&P UK said; “Total is delighted to show its support for the offshore industry and Aberdeen by sponsoring next year’s Offshore Europe. We look...
Insight
Downstream Norway: Leading the way in decarbonisation
...Demand: Consumption of refined products has remained relatively unchanged over the past four years, with only Jet A-1 showing a sharp fall-back, as it did everywhere, in 2020. The total...
Insight
Ireland’s downstream oil infrastructure
...main non UK supply source of imports. Oil is by far the principal energy source in the Republic, accounting for almost 60% of total energy consumption. Apart from Whitegate, Ireland’s...
Insight
Gas grid and storage facilities in the UK
...Grain, Kent – owned by National Grid and originally commissioned in 2005 but subsequently expanded to total storage of one million cubic metres and capable of processing 15 million mt/year...
News
Total Butler acquisition under scrutiny
Concerned that the merger of Total Butler and GB Oils would remove a key competitor to GB Oils; the Office of Fair Trading (OFT) referred the acquisition to the Competition...