News
Oil price at seven-year high amid supply concerns
...as farmers and industry – low sulphur diesel.” Ian Moore added: “I am deeply worried the ICE Gas Oil future could settle back into the $850-1000/t. trading range seen during...
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News
East Cork Oil abandons Atlantic and Geaney acquisition plans after competition scrutiny
...in order to establish if the proposed transaction could lead to a substantial lessening of competition in the State. Misty Lane distributes fuel products predominantly in Co Kerry through trading...
News
Essar announces new energy transition appointment
...years, of which US$2.4 billion will be invested at the Essar site in Ellesmere Port, between Liverpool and Manchester. Tony brings extensive manufacturing, marketing, specialist trading and transformation experience. Having...
News
No abuse by fuel suppliers says OFT
The Office of Fair Trading (OFT) has failed to prove that fuel suppliers are abusing their position in Shetland and other rural areas. Whilst the OFT did find a large...
News
Renewable diesel added to fuel range as transformed JET garage reopens
...trading and I think this highlights another successful development in the partnership between SPAR UK, James Hall & Co. Ltd, and JET Retail UK Ltd.” Further facilities include a new...
News
Chandlers Oil & Gas – Playing to our strengths
...with the Office of Fair Trading. “The point I made was that our market’s already very competitive – if crude oil had been 30 dollars a barrel, we wouldn’t have...
News
Phillips 66 enters UK market
...refining, marketing operations and trading in the UK. Despite the change in name, the company will continue to market its fuel brand in the UK as Jet®. “Although the name...
News
MRH GB acquired by Lone Star
...company, trading under the name Amaris. The company plans to spend £100 million in renovating the hotels which are in ‘great locations.’ FOR MORE ON THE UK RETAIL MARKET –...
Analysis
A year in the wholesale markets
...customer’s needs and expectations and can pinpoint any areas for improvement.” Mabanaft is the trading division of Marquard & Bahls, an independent and privately owned petroleum company. The business encompasses...
News
Essar ‘strong performance’ update supports energy transition
...and North Sea sources.” Deferred tax payments cleared Increased demand for locally produced fuel amidst the tight global supply situation has seen trading significantly ahead of previous forecasts. This stronger...
News
New website supports fuel distributor’s nationwide launch
A new fuel distribution company trading out of Immingham has launched a new website to support the business in providing best service to customers. OilMaxx is part of the Oilfast...
Interview
Mabanaft internship programme: delivering a talent pipeline
...as they enter the job market. “I am taking an international trade module in my final year, so the knowledge gained by talking with the trading team and working in...
News
Fuel industry people moves – April 2025
...trading operations, and in his latest position he had responsibility for their commercial operations of renewable fuels globally. With his previous experience working across various areas of the industry, Blaid...
Insight
UK Downstream: the changing landscape
...the UK aviation fuel sector – Mabanaft, World Fuels and the world’s largest oil trading group, Vitol. Demand is not expected to recover to pre-covid levels until around 2024, and,...
Knowledge
Creating business value through a clear roadmap
...As a result of the relatively recent uptick in trading performance throughout the COVID period, there is no shortage of cash-rich businesses looking to achieve growth through key acquisitions. Happily,...
Knowledge
Cyber risks: Are fuel distributors vulnerable?
...advice. Pen Underwriting trading as OAMPS Hazardous Industries accepts no liability for any inaccuracy, omission or mistake in this publication, nor will we be responsible for any loss which may...
News
Could heating oil prices be frozen?
...a price freeze. According to the 2011 Office of Fair Trading report into the off-grid energy market, over 90% of the fluctuation in the price of heating oil is based...
News
Essar Oil UK announces senior appointment
...having served as chief executive of Mabanaft (Germany) and Litasco (Switzerland), as well as spending 27 years with BP, including as group vice president of global oil supply & trading....