News
A good infrastructure?
...will become an increasing challenge. UK and European refiners face increased competition from Asian and Middle Eastern export refineries. From January 2013, they will also face additional costs associated with...
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Opinion
Developing the skills for the fuels of tomorrow, today
...and exporter of hydrogen,” Huw continues. “However, if we are to fulfil the ambitions set out in OGUK’s (the leading representative body for the UK offshore oil and gas industry)...
News
Greenergy invests in waste-to-biodiesel supply chain with Rexon acquisition
Greenergy has acquired 100% of the shares of Rexon Energy, a used cooking oil exporter based in Singapore. This is an upstream investment for Greenergy to provide raw materials for...
Interview
Behind the deal: Private equity acquisition in the liquid fuel distribution industry
...case with Watson, which was owned by a Miami-based company with limited UK exposure.” Why carve-outs are different and why some deals don’t get over the line For all their...
News
Statistics demonstrate downstream oil’s vital role
...petroleum products, though it is a net exporter of surplus gasoline products. There continues to be an increase in the miles driven in the UK, but overall vehicle sales have...
Opinion
New UK Global Tariff gets positive response
...and prosperity by importing, exporting, storing and blending liquid products that are integral to our daily lives, from transport and heating fuels to chemicals, agricultural and food-grade products. It is...
Opinion
The oil market continues its cautious rally but more uncertainty lies ahead
...prices moving to the $50-$55/bbl range in 2021. Beyond this, the uncertainties multiply, not least the potential 4.2mmbpd of exports that are currently off the market from Iran, Libya and...
News
New FPS chief executive
...FPS EXPO!” “I am really excited by this appointment,” added FPS president Jodie Allan. “Guy brings to the FPS a results-driven and strategic background with a desire to effectively communicate...
News
Essar donates £3,000 to provide dementia support
...the community, to the rising mental health challenges for unpaid carers, the pandemic has had a severe impact, while exposing our fragmented social care system for all to see. “People...
News
Red diesel rebate change – the unwelcome impacts and contradictions
...Even before Russia invaded Ukraine, diesel fuel was in short supply due to a drop in global refining capacity. Now, with sanctions imposed, Russia’s fuel exports to Europe are down...
News
New openings in Wales
News of the new openings – a Welsh office in Carmarthenshire for Envirostore and a depot in Ammanford for Star Multifuels was announced on the Envirostore stand at FPS EXPO...
News
Petroineos announces future-proofing Grangemouth reconfiguration plan
...export. We firmly believe that only by taking action now will we preserve one of Scotland’s last large manufacturing sites and a significant contributor to the Scottish economy.” Petroineos is entering...
News
James Smith 1925 – 2013
Pictured at last year’s FPS Expo in Harrogate, James Smith with wife Anne and Kevin Kennerley, NWF Fuels Well-known to many in the fuel oil distribution industry, James Smith started...
News
Major investment at ExxonMobil jetty
...help extend the life of the ExxonMobil jetty facility at Braefoot Bay Marine Terminal in Fife. The tanker terminal exports liquefied petroleum gas to Europe and the USA after being...
Analysis
Climate report welcomes progress but highlights gaps in low carbon heating plans
...universally welcomed. Caroline Bragg, CEO of the ADE, said “While we applaud the progress on emissions and bold steps on clean power, the CCC report exposes a glaring hole in...
News
Phillips 66 enters UK market
...while the other products are exported to customers and markets across Europe and the US. Phillips 66 has a diverse range of customers spanning a number of sectors, including resellers...
Analysis
Mabanaft – An “innovative approach” in a tough environment
...structures are of critical importance in the current environment and Mabanaft is providing a range of options to enable customers to minimise price risk and exposure to price volatility. “We...
News
Products and markets
...Grangemouth – Finnart Ocean Terminal pipeline. Although very little fuel is now exported to the US, petrol continues to be supplied to markets in Europe, China and South Africa. With...