News
INEOS to buy DONG Energy’s oil & gas business
...This transaction will enable INEOS to significantly expand its trading and shipping activities making it a major trader in the sector. INEOS has much to offer this business, bringing its...
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News
Assessing the impact of an eventful year on the industry’s future
...are keen to address the question: who and what really affects our industry? So we will not only hear from NOCs, IOCs, independents but also trading houses and financial experts,...
News
Mabanaft – maintaining standards across the board
...years’ experience trading in the UK and is one of the country’s largest independent wholesalers. With a network of independently operated fuel terminals located throughout the country the company is...
News
Oil Terminal 2019 – Tank farms and oil terminals: operation, modernisation, development
...brings together 350+ delegates from oil and gas trading, storage, and shipping businesses representing refineries, oil terminals, and ports from 25 countries including Russia, the CIS, the Americas, Europe, and...
News
Phillips 66 – the perfect vehicle to talk
...two independently operated companies. As a result, Phillips 66 focuses on downstream refining, marketing operations and trading in the UK, while also continuing to market its fuel brand as JET....
Opinion
Funding will accelerate alternative fuels
...Elizabeth de Jong, policy director at Logistics UK, comments: “The 2021 Comprehensive Spending Review must include significant investment into the nation’s transport infrastructure. With the UK seeking new international trading...
News
Total and Harvest Energy enter into a fuel network agreement
...including EV charge points. The agreement will also ensure closer co-operation for fuel supply, domestically with Lindsey Oil Refinery and internationally through Total’s trading portfolio. “We are delighted with this...
News
New UK distributor for Liquip International terminal equipment
Liquip International has appointed a new authorised distributor to handle Liquip’s range of terminal and aviation equipment throughout the UK and the Republic of Ireland. The new distributor, trading as...
Market Report
Portland Market Report – A spectacular own goal or a pivotal act of unknown agents?
...prices hit $40 per MMBtu (Metric Million British Thermal Units) – the oil equivalent of around $675 per barrel – and by the summer of 2022, gas was trading at...
News
Brobot’s new look in Corby
...a leap of faith into a different trading format – from a more traditional forecourt business to a full-on convenience business.” Brobot has enjoyed a successful partnership with Londis since...
News
Thoughts on fuel prices – November in review
...to the start of the year when it was trading above 1.30 but given that the UK is (definitely) in a recession it’s a positive. The Chinese influence Oil prices...
Opinion
Call for 10,000 temporary visas to address driver crisis
...buyers.” Logistics UK is one of the UK’s leading business groups, representing logistics businesses which are vital to keeping the UK trading, and more than seven million people directly employed...
News
On the right route – Phillips 66
...with us for 50 years and we have branded distributors with over 40 years of trading history,” explained Pete. Ensuring customers are well-informed of the recent changes has already kept...
Opinion
Fuel price fears as OPEC+ cuts oil production
...to the end of 2023. A volatile market Walid Koudmani, chief market analyst at financial brokerage XTB comments: “WTI crude futures are trading around $88 per barrel on Thursday after...
News
Distributor diaries – latest updates from our fuel distributor community
...investigation was required. Misty Lane distributes fuel products predominantly in Co Kerry through trading entities Atlantic Oils and Geaney Oil via three depots. In November the CCPC assessment reached a...
News
Essar appoints Stein Ivar Bye as chief executive officer
...experienced executive leader in multicultural and international environments, Stein has an impressive track record in refinery operations, coupled with broad experience in supply and trading, strategy and planning and business...
News
Valero rebrand for three Ascona sites
...trading under the Texaco brand will be rebranded to Valero. The new branding will launch on the 26th October 2023 at Ascona’s Green Garage, Crossways and Tenby Road service stations,...
News
Essar agrees landmark aviation fuel supply deal with Liverpool airport
...The deal follows the news that Essar’s domestic sales volumes have risen to a new high since Covid restrictions were lifted, as announced in their quarterly operations and trading update...