Insight
What price oil? 2022 in review
...from a downward trajectory fuelled by growing fears of a global economic recession. A price around 80 US dollars meant that, despite a year of highly unpredictable volatility, the price...
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Opinion
Solving the industry recruitment challenge
Industries across the world are experiencing a coronavirus paralysis. Even the oil industry, which for many has been able to continue in relatively normal terms has had to adjust day...
News
Industry energy expansion reflected in new name for OGUK
...effect from February 14, 2022. Fossil fuels removed from the name not the focus Offshore Energies UK will continue to champion the oil and gas sector but will also support...
News
Esso sponsors Porsche Motorsport
...the future holds for collaborations between ExxonMobil and one of the world’s most famous automotive brands. As current holders of the 2015 FIA World Endurance Championship, winning the manufacturer, driver...
Interview
In Profile with Martyn Lyons of TR3 Consulting
...words. Driven. Optimistic. Caring. What were your childhood / early ambitions? To join the Merchant Navy and sail the world. Describe your dream job (if you weren’t doing this?) Captain...
News
Distributor diaries November 2024: The latest updates from our distributor community
...and positive attitude and we are looking forward to the next 10!” NWF Fuels – celebrating Julia Wood NWF Fuels, the Crewe-based distributor, is always keen to celebrate its employees...
Market Report
Elections and energy policy: a powerful combination
...fuel, gas and electricity have all been increased. This pro-fossil fuel stance makes for an unusual left-wing administration in global terms, because decarbonisation programmes have principally become the mainstay of...
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
Essar selects tech partner for Stanlow carbon capture facility
...an investment of $1.2 billion, Essar Oil UK is positioned to be the world’s first low carbon refinery. The industrial carbon capture facility, combined with our upcoming hydrogen fuel switching...
Market Report
Prices and predictions: how are we faring?
...the sale price of its refined products (e.g., petrol, diesel, jet fuel) minus the buying price of its crude feedstock. The first point to note is that a $35 refining...
Insight
Overcoming challenges: building a better future for the chemical supply chain
...only does it play a role in the manufacture of over 97% of the world’s products; but innovation within the industry has led to the development of new materials, medicines,...
Insight
Downstream Norway: Leading the way in decarbonisation
...The country relies almost equally on fossil fuels and non-fossil fuels for its sources of energy, as follows: Coal 3% Gas 17% Oil 32% Biofuels and waste 7% Electricity 41%...
News
Portland Market Report – oil prices
...they were. That won’t be enough to get prices rising again, but it would be the only thing that could stop prices falling much further. Portland Fuel www.portland-fuel.co.uk ...
News
HVS to develop world-first self-driving hydrogen HGV with share of £6.6m funding
Hub2Hub, the consortium led by UK-based hydrogen-powered commercial vehicle innovator Hydrogen Vehicle Systems (HVS), has been awarded a share of £6.6 million to develop a world-first, autonomous zero-emission HGV for...
News
£4.4m waste-to-hydrogen funding will deliver real-world testing of technological innovation
Sustainable energy solutions company KEW Technology has secured over £4.4m of funding to take its successful research into waste-to-hydrogen technology solutions into ‘real-world’ demonstration at its Sustainable Energy Centre facility...
Insight
A review of COP 26: the key ‘take-aways’
...for the phasing out of this fossil fuel as an energy source Trees: To agree a timescale for the complete discontinuance of all deforestation activity We will now seek to...
Opinion
Energy-neutral body says hydrogen supply chain development hinges on major policy changes
...EIC chief executive officer Stuart Broadley said the UK is among the world’s top countries in hydrogen with a robust supply chain active in manufacturing, development and beyond, but more...
Insight
BP OUTLOOK 2023: the outlook for global energy to 2050
...COP15 target temperature changes, of 2ºC and 1.5ºC. Consumption of fossil fuels declines in all three energy transition scenarios in the 2023 Outlook. Their share in primary energy declines from...