Market & Supply 29

Opinion

Preparing for a new oil world

Boris Ivanov, founder of GPB Global Resources discusses how the fuel oil industry can begin to prepare for the new oil world. With BP cutting 10,000 jobs and further gloomy job losses across the energy, manufacturing and travel industries, it’s clear COVID-19 is having a profound impact on the cornerstone industries of our economy.

Opinion

UKIFDA encourages homeowners to start biofuel transition

In a campaign launched by UKIFDA the 2.18m households who use oil across the UK and the Republic of Ireland, are being advised on a transition plan to decarbonise the heating in their homes through the use of biofuels.

News

Morris Lubricants to invest £1.6 million

Shrewsbury-based Morris Lubricants, which celebrated its 150th birthday last December, has received the green light from its board to invest £1.6m in two major projects ...

News

Oil prices rise on OPEC+ deal extension

An agreement to extend the deal on record production cuts until the end of July which was reached at a virtual meeting of OPEC+ on 4 ...

News

Fuel supplier completes MBO during lockdown

In planning prior to the Coronavirus lockdown, North Yorkshire-based independent fuel oil supplier, Kettlewell Fuels has now completed a management buyout (MBO) by its senior ...

News

Crown Oil adds to its fleet

The latest addition to the Crown Oil tanker fleet is ready to deliver HVO across the UK. The 8-wheeler DAF tanker joined Crown Oil’s ...

News

Free face covers for customers

Recent changes to Government advice on the use of face covers mean it is now recommended that individuals cover their faces when out in public ...

Opinion

Highs and lows of the oil price drop

The dramatic fall in oil prices in April 2020 will go down in history, and whilst it was bad news for the industry, it provided welcome financial relief to households fuelled by heating oil. As the first wave of

Opinion

New UK Global Tariff gets positive response

The UK government has marked a key step on the road to an independent UK international trade policy, by announcing the UK’s new MFN tariff regime, the UK Global Tariff (UKGT) on 19 May.

News

UKIFDA support for E10 fuel proposals

UKIFDA has submitted its views on the Government’s consultation on the introduction of E10 petrol at filling stations across the UK which closed on 3 ...

News

Standard approval to counter skills shortage

FTA, the business organisation representing the logistics sector, has learned this month that the long-awaited LGD Driver Apprenticeship Standard for Cat C+E licences, is ...

News

Hand sanitiser spark risk warning

With many companies reconfiguring production lines, or starting up new ones, to increase the supply of hand sanitiser in response to the current pandemic, companies ...

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

News

Key annual industry event cancelled for 2020

Organiser of UKIFDA EXPO 2020, the UK and Ireland Fuel Distributors Association (UKIFDA) has taken the decision to cancel the 2020 exhibition due to take place on 18 &...

News

Certas Energy launches support platform

Certas Energy is supporting forecourt retailers with the launch of a new online resource that offers free access to personal wellbeing tools, learning courses and ...

News

Essar thanks NHS staff with fuel discount

Joining forces with its retail dealers to show appreciation to our front-line NHS heroes, Essar is supporting them with 10p per litre discount off their ...

News

Training boost for UK energy sector

In a move that could be viewed as a bellwether for the UK’s energy sector, leading training centres Survivex, in Aberdeen, and AIS Training, ...

News

Investors welcome Shell net zero emissions plan

Commitment to achieve net zero emissions by 2050 “or sooner” is part of the significant action on climate change outlined by global energy company Shell following ...