News
Taking strategic action
...company’s Sea Bunkering’s trading origins, and to discover what prompted the move into a physical fuel supply, editor Jane Raphael met with managing director Barry Newton and commercial director Adrian...
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News
A commitment to work with regulators
...Borough Council in this national partnership with Trading Standards ensures we have regular dialogue on any issues that arise, and this enables us to improve and refine our business practices...
News
FTA and Unite respond to Operation Yellowhammer
Having worked closely with government over the past three years ‘to develop new trading processes for the UK’s businesses to use after Brexit’, the Freight Transport Association (FTA) reported that...
News
Buyer sought after liquid biofuel supplier enters administration
...services during this time.’ Trading continues Responding to Fuel Oil News, Rob Joyce, media relations manager for Ernst & Young LLP issued the following: “On 2 October 2023, Lucy Winterborne,...
News
Fluctuating oil price fuels growth
...£407m in 2017 to £496m last year as oil prices peaked at key trading times in the year. Rix Petroleum, the largest business in the Group, accounted for 70% of...
Interview
Clugston Distribution: providing transport solutions for 100 years
...trading as a timber and builders’ merchant in 1922 from its base at Carlton Street, Scunthorpe. The original business was mostly commercial, dealing with, and delivering, a range of goods...
News
Senior appointment to lead growth in Europe & Africa for Prax Group
...roles, most recently as managing director and trading director of OMV Supply & Trading Ltd, London. He brings with him a wealth of industry knowledge, and a track record of...
News
Jail sentences for sellers of illicit fuel
...gang knew what they were doing was wrong, but even after being challenged by HMRC officers and investigated by Trading Standards’ officers, they continued to flout the law and sell...
Opinion
The future for the UK’s refineries
...for granted. The sector is facing higher energy costs than many competitor countries, and significantly higher costs from the UK Emissions Trading Scheme compared with equivalent schemes abroad. But, with...
News
UK and allies announce price cap of $60 on Russian Oil
...to continue accessing services from Coalition countries after today, but only if trading Russian oil at or below the cap. UK leads on insurance provision Insurance is one of the...
Interview
In Profile – with long-standing downstream oil consultant Rod Prowse
...trading through to aviation fuels marketing and retail filling stations’ principally in the UK, with 2 years in Houston, Texas. Describe yourself in 3 words Laid back. Open-minded. Focused. What...
News
Success despite oil demand & price slump
Leading Hull family business J.R. Rix & Sons Ltd has reported a successful trading year during 2020 despite ‘challenging and uncertain times’ brought about by the global Covid-19 pandemic. A...
News
Market intelligence – FREE trial offer
The Oil Market Journal (OMJ) has expanded rapidly from its origins in 1999 when its aim was to provide large volume oil buyers with reliable Rotterdam spot market trading assessments....
News
MFG extends its fuel brand portfolio
...some very attractive trading terms. “We can tailor our fuel supply arrangements to meet the individual needs of a customer, contribute towards forecourt or shop development projects and strongly believe...
News
Another first for INEOS
...Europe in 2015,” said David Thompson, CEO of INEOS trading and shipping. “By bringing in US ethane from shale gas to China for the first time we are leading the...
News
Oil price rises over $70 a barrel
...early London trading, and despite later falling back slightly to $68.65 is it still up about a third for the year-to-date. “The euphoria is reflected in the general belief that...
Interview
Value Oils: leader in online fuel distribution
...at competitive market prices. “Now trading under the registered brand name ‘ValueOils.com’, the company runs a successful, independent online home heating oil price comparison website across the whole UK. The...
News
Essar business update shows significant fuel sales recovery
...stronger trading environment saw the company record its best monthly product sales for 18 months in December 2021. In addition, Essar is re-entering the Irish market this month, having recently...