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...
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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...
News
TSA responds to UK’s BREXIT deal
...UK Parliament approves the deal on the 12th December, there will be a significant amount of work required during the transition period to finalise the details of our trading relationship....
Analysis
Cyber Love: Innovation & advances in fuel distribution technology
...customers like using Mabalive because it saves them time and makes it quick and easy for them to buy fuel. It also enables them to proactively manage their trading account...
Insight
The energy sector: COP27 takeaways and future challenges and prospects
...did not join the pledge Negatives: There were no new commitments on phasing out fossil fuels and cutting GHG emissions The rules on carbon markets and trading of credits fell...
News
Investment values Argus at nearly £1bn
...companies, trading houses, government agencies and financial institutions. Argus and General Atlantic expect to complete the transaction within two months, subject to regulatory approval. John Bernstein and Gabriel Caillaux from...
News
Mabanaft expands portfolio through Swindon acquisition
...UK. The company is part of the Mabanaft Group, a trading arm of Marquard and Bahls. Through its subsidiaries the Group has a network of 580 service stations across Western...
Interview
Bedford Fuels: fuel distribution one year on
...understating the unforeseen turbulence that was to mark the year that followed the company’s launch. “We launched in October 2021, meaning that our first year of trading began with panic...
Analysis
An industry acquiring
...solutions for the downstream refined fuels market. The deal enables DTN to connect the buyers and sellers of commodities worldwide through a seamless, transparent and efficient online trading platform.” Speaking...