Market Report
The major question – to green or not to green | Jun 2022
The death knell of the oil majors has been sounded many times.
Market & Supply 15
News
New website supports fuel distributor’s nationwide launch
New fuel distribution company, OilMaxx, part of the nationwide Oilfast Group and trading out of Immingham has a new website to better support customers.
News
2022 sees return of Transport Manager conferences for fleet operators
Logistics UK’s ever-popular Transport Manager conference series, for anyone involved in fleet operation, will return in autumn 2022 with events at 10 UK venues.
News
Sector shortages addressed in campaign launched by Logistics UK
Logistics industry addresses long-term recruitment and staff retention issues with a major new awareness and recruitment campaign, ‘Generation Logistics’ launched by Logistics UK and CILT.
News
Retail fuel market to face competition watchdog price probe
The UK competition watchdog will investigate record high prices at pumps in response to a government request. The CMA will conduct a ‘swift and urgent review’ following a call from Business Secretary, Kwasi Kwarteng.
News
Phillips 66 JET fuel brand grows network with nine-site deal
Phillips 66 marketed fuel brand, JET, strengthens presence in the South of England with nine Petrocell-owned sites to join the growing network of JET-branded dealer sites.
Insight
Skills needed for downstream supply stability now and future
UKPIA and Cogent Skills, the UK strategic body for skills in the science industries, have assessed workforce recruitment and retention, as well as future skills needed, as the downstream fuels sector transitions to net zero
Opinion
Logistics heroes unfairly blamed for transport policy failures
Transport Select Committee report on Road Freight Supply Chains, combines complex issues to ignore policy failures and blame the industry for shortages caused by supply chain issues according to Logistics UK.
News
Suttons Tankers unveils commemorative Platinum Jubilee livery
Suttons Tankers unveils commemorative livery in celebration of the Queen’s Platinum Jubilee. To mark this momentous occasion Union Jack livery is emblazoned across the front and sides of a new Volvo FH Globetrotter.
News
Fuel Prices Online™ merges with The Oil Market Journal™
Two leading downstream oil price vendors in the UK and ROI, OMJ Fuel Prices Online (FPO), have merged in a move that will benefit customers of their intraday and settlement oil price information services.
News
Fire at Fawley refinery swiftly brought under control
A fire that broke out within a unit at Fawley refinery was quickly brought under control with a spokesperson describing it as ‘an isolated fire’ that was ‘quickly and safely contained and reassuring the public not to be alarmed by the use of flares.
News
New policy director to expand influence of Logistics UK
Logistics UK has appointed a new policy director, Kate Jennings, to increase representation and influence in transport policy
News
SAF demand and energy transition on TSA Conference agenda
The Tank Storage Association’s (TSA) Conference & Exhibition for professionals in the bulk storage and energy infrastructure sector will return to the Coventry Building Society Arena in September 2022 with SAF demand and energy transition on the agenda.
Opinion
Industry initiatives working but HGV driver shortages remain chronic
Latest ONS data suggests UK HGV driver shortage remains chronic, according to Logistics UK, but that government and industry initiatives are working.
News
NI Oil in Reserve Force exercise with Royal Logistics Corps (North Irish) Regiment
David Blevings of the Northern Ireland Oil Federation (NIOF) was part of a recent Reserve Force exercise in Kinloss, Scotland demonstrating the skills required to provide Reserve UK military deployable bulk petroleum and fuel transport capability at readiness in order to enable operational success
Market Report
A sobering look at what lies behind the headlines | May 2022
This report exists to observe the trials and tribulations of oil and energy markets and the pandemonium experienced since 1st March...
Wholesale Price Movements & Price Totem
Wholesale Price Movements & Price Totem | May 2022
News
XPO Logistics partnership offers ex-military route to driving careers
A new partnership between XPO Logistics and Veterans Into Logistics, will create pathways to employment as truck drivers by helping qualified candidates train for HGV licences and prepare for employment.
Opinion
Former HGV drivers urged to take up funded training to alleviate shortages
With the HGV driver shortage disrupting UK supply chains, Logistics UK is urging former HGV drivers to use government-funded refresher training courses to rejoin the profession.
News
Moves to quell Grangemouth fears after speculation over refinery’s future
Fears are growing for hundreds of jobs as well as energy resilience over reports that the Chinese backer for Grangemouth refinery, one of Scotland’s biggest employers, may appoint restructuring advisers.
Opinion
Logistics operators report escalating costs as fuel prices soar
Sharp increases in fuel costs coupled with global supply chain pressures are resulting in a dramatic escalation in cost for UK logistics companies with the economy affected by the resultant impact on demand.
News
XPO Logistics fuel distribution partnership renewed by Tesco
A multi-year contract renewal to distribute fuel to filling stations throughout the UK has been awarded to XPO Logistics by Tesco plc., extending a partnership that has already run for over 25 years
News
£20million HGV driver facility funding boost for logistics sector
The government’s announcement of an additional £20million to boost HGV driver facilities is a positive step forward for industry, according to Logistics UK but roadside service operators must apply for funding urgently to implement improvements as quickly as possible.
Insight
Rapidly changing oil market creates pricing and supply issues
The industry responds to pricing and supply issues with fuel distributors reporting issues with product availability in a volatile oil price market.