News
OPEC+ continues oil production cut in uncertain market
...sanctions against Russia are introduced. Back in October, OPEC+ announced a cut in output of two million barrels per day, about 2% of world demand, from November until the end...
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News
Spotlight on Iranian crude
Iran’s crude exports have doubled in five years VesselsValue (VV) provides ‘instant, accurate and unbiased data that can be accessed from anywhere in the world, at any time’. VV is...
Insight
Skills needed for downstream supply stability now and future
...transitioning sector, UKPIA has published a review of future skills needs as the downstream fuels sector looks towards net zero. Elizabeth de Jong, chief executive of UKPIA explains the importance...
News
Industry collaboration secures funding for 150 hydrogen trucks and 8 refuelling stations
...fuel cell truck project. These projects will enable trucks and refuelling equipment to be tested under real-world conditions, and are expected to be a crucial step towards the mass commercialisation of...
News
Another UK energy producer moves to low carbon hydrogen
...products that will help others reduce their emissions and play a leading role in a clean hydrogen revolution” Displacing hydrocarbon fuels for a low carbon future Viewed as the next...
News
Celebrating innovation at Dunraven Systems
...world’s first integrated heating oil management system. Not only does OilPal allow customers to monitor the level and volume of heating oil inside their tank, it allows them to check...
News
Major rebrand for Scottish Oil Club
...its membership from the energy industry and its supporting service companies across Scotland, Europe, and the world Newly named – The Scottish Energy Forum – the organisation will continue to...
News
BP’s new ambition
Last month BP set out its new ambition to not only become net zero by 2050 or sooner, but also to help the world get to net zero. The ambition...
News
Slicker shortlisted for waste oil recycling
...key role the firm plays in treating used oils in the UK and its contribution to worldwide efforts to achieve a sustainable circular economy. The company, which employs 180 people,...
Insight
What the UK CCS announcements mean for the sector
...argue that, by putting such projects forward as a viable solution to net zero, we are just prolonging the use of fossil fuels and granting the fossil fuel industry a...
Analysis
Climate Challenge: Drawing the line in the sand
...from within the sector itself. UKIFDA, along with the wider fuel community, were praised for keeping future fuels on the agenda. Yet many still feel stuck: hampered by unclear direction,...
News
UK refining – hunting for answers
...by 2035, the International Energy Agency expects 80% of EU transport fuel demand to still be met from oil derivatives with most demand met by ordinary fuels particularly for the...
News
Lubricants company gets worldwide seal of approval
...for the ASTM’s engine oil proficiency testing programme, a statistical quality assurance test which enables laboratories around the world to assess their performance in conducting test methods. Along with other...
News
Lubricants rally to testing conditions
...toughest rally in the world,” said Viking Motorsport’s’ managing director Phil Mills who won the 2003 World Rally Championship. “We’re rallying in extreme conditions with 45-year old cars, which are...
News
INEOS extends portfolio with BP acquisition
INEOS has completed the purchase of the global Aromatics and Acetyls businesses from BP for a consideration of $5 billion. Already one of the world’s leading petrochemical companies this acquisition...
News
Monument Fuels – a monumental undertaking
...and it looks exactly as we’d planned.” World domination Looking ahead? “Monument is aiming for world domination,” laughed Trevor. “Our aim is to offer a high level of customer service...
News
Phillip 66 advances Humber Zero carbon capture plant with support contract award
...facility. The plans are part of the Humber Zero project, a world-scale carbon reduction project to support the decarbonisation of critical UK industry, which aims to capture up to 8...
Insight
Live from COP26: FON blog part 1 on SAF
...be mixed with traditional aviation fuel to ensure quality and efficiency but in future, I believe we could see an aviation sector that sources all of its fuel as SAFs....