Market & Supply 47

News

‘An exciting future’ for Fairbanks

Last month Skelmersdale-based Fairbanks, provider of fuel management services to the retail and commercial fuelling industry was acquired by OPW.

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New retail director at MFG

Richard Baker –  ‘a key appointment for MFG as it drives ahead with strengthening its retail offering’ Top 50 Indies forecourt operator, Motor Fuel Group (MFG) has appointed Richard Baker as its new retail director.

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Royal celebrations

Gracing two Fuel Oil News front covers in June 1979 and February 1989 Angelo Coletta, deport manager at Cotswold Petroleum stands beside the Queen at FPS EXP 2016 As this weekend sees the official celebration of the Queen’s 90th birthday, Fuel Oil News adds its best wishes to the proceedings. Marking the Queen’s actual birthday, which occurred on 21st April during FPS EXO 2016 in Liverpool, the Federation of Petroleum Suppliers (FPS) displayed an image of the Queen on its stand. Our thanks go to Angelo Coletta, depot manager at Cotswold Petroleum, who kindly escorted the Queen when this photograph was taken. As a front cover star of Fuel Oil News on two occasions, Fuel Oil News raises a toast to Her Majesty Queen Elizabeth II, Britain’s longest reigning sovereign and an oil heating user!

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Spillsure faces threat of closure over unpaid debt

Essex-based Spillsure Solutions is facing an uncertain future after defying a court judgement in connection with a five-figure debt. Founder and Managing Director Alan Smith now faces the prospect of a formal winding-up petition after a string of deadlines passed without payment. Spillsure Solutions currently monitors nearly 3,000 oil tanks through its award-winning Check-my-tank platform that launched in August, 2012 to connect oil suppliers with consumers. But the firm is heading towards a legal battle to stay afloat as it tackles a rising debt mountain. Specialist recruitment company Oil Recruitment obtained a County Court Judgment for £15,000 after Spillsure failed to pay the professional fees for the placement of two employees. Despite a number of subsequent promises to clear the outstanding amount, a single initial payment of £5,000 was paid but further agreements were not honoured and requests were ignored. Now the directors at Oil Recruitment are to decide whether to press ahead and petition the courts to order Spillsure into compulsory liquidation and sell its assets to pay off the company’s creditor list. When contacted by Fuel Oil News, Smith said his company would make no comment on the issue. Smith, who is a member of the Institute of Chartered Accountants, promised to pay off the debt once the company’s invoices were paid. However, no payment was made.

News

Oil – cheapest home heating fuel by far

With average annual heating costs for oil users falling every quarter for the last three years, consumer confidence in oil heating has greatly increased. This is reflected by rising boiler sales which, for January to April this year, stands at the highest level since 2007 New industry figures show that despite a slow increase in heating oil prices since the start of 2016, the average annual cost of heating a home on oil has fallen again.

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Investment values Argus at nearly £1bn

Earlier this week Argus, the global energy and commodity price reporting agency, announced that a definitive agreement had been signed with General Atlantic. The agreement gives General Atlantic a majority stake in the business whilst enabling Argus to fuel its next phase of global expansion. Argus was founded by Jan Nasmyth in 1970 as a weekly newsletter covering the Amsterdam, Rotterdam and Antwerp petroleum products market. Jan remained actively involved in the business as chairman until he died in 2008 at the age of 90. Argus executive chairman and publisher Adrian Binks, who has led the company for more than 30 years, will continue in the business and retain the majority of his significant shareholding in the new structure alongside General Atlantic. Employee shareholders will also be given the opportunity to reinvest, while the family of Argus’ founder will sell their shareholding. “We’re delighted to welcome General Atlantic as our partner as we enter our next phase of growth,” said Adrian Binks. “I am especially pleased that so many current employees are being given the opportunity to reinvest in our business going forward. Argus will remain independent, focused on reporting commodities and will continue to bring transparency to opaque and vital markets.” Argus, which has more than 750 full-time employees, over 160 publications, 21 offices worldwide, and in excess of 23,000 price assessments, fulfils a crucial role in international commodity supply chains. The company’s proprietary price reporting methodologies and high-quality editorial content provide customers with reliable, independent assessments of the prevailing market prices, to which contracts can be anchored. Argus’ client base extends across 140 countries and includes international oil companies, trading houses, government agencies and financial institutions. Argus and General Atlantic expect to complete the transaction within two months, subject to regulatory approval. John Bernstein and Gabriel Caillaux from General Atlantic will join the Argus board of directors on completion of the transaction. General Atlantic has a long track record of partnering with European entrepreneurs and growth companies, having made its first investment in Europe in 1989. Since then, it has invested more than $5bn in 52 companies across Europe, the Middle East and Africa. www.argusmedia.com www.generalatlantic.com

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Record results for Essar

Major initiatives at Essar’s Stanlow refinery have seen a hydrocarbon margin improvement of +$3/bbl in the last four years, taking its margin to + $5/bbl compared to the North West Europe benchmark. The refiner also entered the UK’s fuel retail market and has plans to grow its network to 400 sites over the next three years Stanlow Refinery owner Essar Oil (UK) has announced its best ever financial results, for the year ending March 31st 2016.

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Greenergy signs strategic JV agreement with Bapco

Bapco – the Bahrain Petroleum Company – is to establish a regional gasoline blending hub with Greenergy.  Bahrain Gasoline Blending (BGB) is set to meet local and regional demand for gasoline blend components.

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Mabanaft announces competition winner

Mabanaft ‘injecting a bit of fun into the proceedings’ with its iPad game and the chance to win an iPad mini 2 Natalia Toma of Agents Network Limited took the first prize of an iPad mini 2 in Mabanaft’s competition at last month’s FPS EXPO in Liverpool.

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In the pipeline at CLH-PS

Ignacio Casajús takes over as commercial director at CLH-PS with effect from 1st July Ignacio is currently managing director of TERQUIMSA, a company 50% owned by the CLH Group and Vopak This year around £30m is being spent on the Government Pipeline Storage System which was acquired last May by the Spanish CLH Group.

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Top chef praises Olleco’s fundraising

Proud supporters of the charity Hospitality Action, Olleco has now raised over £54,000 in donations Olleco which converts organic waste into renewable energy has now donated £54,917.38 to Hospitality Action. The fundraising efforts of the company, which supplies premium cooking oils/fats and collects used cooking oil and waste food, were praised by Michel Roux Jr. “As a supporter of Hospitality Action, I’m delighted that Olleco, a long standing supplier of mine, is supporting a cause close to my heart. The on-going donation of over £54,000 is truly a phenomenal amount of money and will go a very long way towards helping those in our industry who have fallen on hard times. Olleco is clearly extremely passionate about giving back to the industry and I can’t thank them enough for their continued support of Hospitality Action.” Serving over 50,000 catering establishments, waste oil collected by Olleco is converted into biodiesel whilst waste food is converted into biomethane, electricity and heat. Olleco employs over 550 people, has 14 depots strategically located across the country, three bio-refineries, a biodiesel plant and two anaerobic digestion facilities. “We felt there was no better cause to support as the hospitality sector is at the very heart of what we do,” said Robert Behan Olleco CEO. “Every time we supply our customers with premium cooking oils and collect their organic waste, they’re not only helping the environment but are also strengthening this vital support network for their peers. The funds raised have been used by the charity to transform the lives of many of its beneficiaries who have experienced challenges in their lives and find themselves in need.”www.olleco.co.uk/about-us/hospitality-action

News

Rix joins business resilience forum

Speaking about the threat of cyber crime Rix Petroleum’s Rory Clarke said: “Ignoring this threat to your business is like leaving the office with the alarm off and the keys in the front door.” The Humberside police force has teamed up with leading firms from across the area, including Rix Petroleum, and the Hull University Business School to form the Humber Business Resilience Forum (HBRF). From next month businesses across the Humberside force area will have the opportunity to sign up for a new way of protecting themselves from cyber criminals. “Cyber crime, including cyber enabled fraud, is the single biggest threat to our business today,” said Rory Clarke, managing director, Rix Petroleum, one of the first business leaders to be approached to join the HBRF board. “It comes in many guises and is occurring with increasing frequency. As a consequence cyber security management is critically important to the way that we operate. “Ultimately our cyber security protects our shareholders, customers, employees and suppliers from the significant risks of financial loss, business disruption and reputational damage which in turn ultimately protects employment, investment and business development in our region. Ignoring this threat to your business is like leaving the office with the alarm off and the keys in the front door.” The HBRF – which will officially launch in June – aims to be a one-stop-shop for businesses to access the most up to date knowledge and expertise on cyber security issues and how to protect themselves, via its website and open business seminars. “It’s believed that 90% of all cyber crime can be prevented by taking simple steps to improve security,” said DI Rich Osgerby. “The HBRF will provide a fantastic way of helping us to educate businesses of all sizes about how they can best do this.” “As technology changes working practices and our reliance on technological operations deepens, no organisation can afford to be casual about information security.” said Dr Dionysios Demetis from Hull University Business School. The launch of the Humber Business Resilience Forum will take place at Hull University Business School on Wednesday 8 June, 4-6pm as part of the 2016 Humber Business Week.www.hull.ac.uk/hubs

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Firsts for FPS EXPO in Liverpool

There was a warm welcome to FPS EXPO 2016 in Liverpool which offered a new venue, new city, new exhibitors, new products, new seminars and a new after show event The Federation of Petroleum Suppliers (FPS) has reported that FPS EXPO 2016 saw a 15% increase on last year’s visitor numbers. For the first time, the two-day event took place at the new Exhibition Centre Liverpool, (ECL) and recorded visitors from afar afield as the Falkland Islands, Australia, Singapore, the USA, Mexico and Canada as well as Europe. This year more than half of the exhibiting companies announced new products and services and – for the first time – key industry professionals from DVSA, HSE, the Deputy Traffic Commissioner and CIRIA spoke in a series of seminars. “The ability to network with all the major companies, organisations and associations involved in fuel distribution under one roof remains one of FPS EXPO’s key attractions,” said Dawn Shakespeare marketing and events manager. “FPS EXPO is always extremely popular but 2016 beat all expectations with the interest in Liverpool being phenomenal,” added Dawn. “The first night drinks reception meant that lots of exhibitors and visitors made the most of a fantastic opportunity to network on an informal basis, plus having our after show party at Circo Liverpool – a circus-themed bar/restaurant with panoramic views of Liverpool’s historic Albert Dock – was a great end to the exhibition. “Again this was a first for FPS EXPO – we wanted this year’s exhibition to end with a bang and we felt this venue would add to the uniqueness of the 2016 exhibition – new venue, new city, new exhibitors, new products, new seminars and a new after show event. Next year’s event also takes place at ECL Liverpool on 10th & 11th May. For more information or to book exhibition space visit www.fpsshow.co.uk or e-mail ds@fpsonline.co.uk.

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‘A significant accolade’ for Adler & Allan

Alan Scrafton (centre) with (l) Stewart Ower, MD of E&S Environmental and Richard Proctor, MD of Darcy’s Adler & Allan’s innovative ethanol coalescing filter has won the manufacturer/service provider category at UKSpill’s first ever awards evening. Adler & Allan was also commended for its domestic spill entry which focused on cleaning up the aftermath of a significant pipeline tapping incident in southern England. Thousands of tonnes of fuel spilled in a remote rural location, threatening to cause wide ranging contamination, including a public water supply borehole, protected chalk streams and private wells. On average, the ethanol coalescing filter can remove 90% of all BTEX components from surface water discharged from forecourt separators.   BTEX compounds can cause acute and long term toxic effects if they enter the soil and groundwater system. In addition to their toxicity, benzene is known to be a carcinogen. The ethanol coalescing filter, which also won at last year’s APEA awards, can be easily fitted to existing separators without any requirements for modification or upheaval, whilst meeting stringent Environment Agency pollution guidelines. “The UKSpill awards are a significant accolade,” said Alan Scrafton, head of marketing. “Our ethanol coalescing filter provides an important first-line defence against pollution. It is ideal for any business where fuel is stored and dispensed on site, such as forecourts, retail outlets and organisations in the oil, aviation and marine sectors. “To also gain a commendation for our pipe tapping support services is a great achievement. Fuel theft is an increasing issue for the UK and Adler & Allan is at the forefront of helping businesses prevent its occurrence, while cleaning up after pipe tapping incidents.www.adlerandallan.co.uk

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The right person to take OFTEC forward

OFTEC’S new chief executive is to be Paul Rose. Currently OFTEC’s technical director, Paul will take up the position on 1st August 2016 following Jeremy Hawksley’s retirement at the end of July. Paul has worked in a number of technical roles for the organisation since 2005. He was appointed as chief executive following a competitive selection process during which external candidates were interviewed. Commenting on the appointment OFTEC chairman, Nick Hawkins, said: “Paul is very well known in the oil heating sector having been technical director at OFTEC since 2011. “He represents OFTEC on a number of national and European technical panels relating to heating. Paul is a member of the Chartered Management Institute, Institute of Domestic Heating and Environmental Engineers (IDHEE), and is a UKAS technical assessor in the area of ‘certification of persons,’ a route to registering with a competent persons scheme. “The Board is confident that Paul is the right person to take OFTEC forward and to ensure that oil heating and cooking has a bright future.” www.oftec.org  

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Royal approval for fuel management company

As a winner, Fairbanks can use The Queen’s Award Emblem in advertising, marketing and on packaging for a period of five years as a symbol of their quality and success Last week on Her Majesty’s 90th birthday Fairbanks was crowned winner of the 2016 Queen’s Award for Enterprise. This award is recognised as the UKs highest accolade for business success and it was in the International Trade category that Fairbanks has excelled, with its exponential growth worldwide. Fairbanks provides fuel monitoring and management services to the downstream fuel retail industry. Its services have been adopted by the majority of independent UK forecourts, as well as by major clients such as Tesco, Shell and BP, both nationally and internationally. In addition, Fairbanks has 6 licensees, the most recent being Canada and South Africa. “This is a very proud day for everyone at Fairbanks and Steve Jones and I would like to thank all of our 200 staff for their loyalty and commitment; without them none of this would have been possible,” said Bob Conlin, joint managing director. “This honour, received in our 20th year of business, formally endorses the many years of work everyone has put in to make this business what it is today. The service we offer ensures that the people living and working around forecourts are protected and our environment is safeguarded for future generations. This mark of excellence will help the business increase its market share and open doors into new territories such as India and the Americas, generating further jobs in Lancashire.” For over 50 years, the Queen’s Award for Enterprise has acknowledged outstanding achievement in international trade, highlighting substantial growth in overseas earnings and commercial success. Fairbanks will be celebrating this exceptional achievement with an open day during the summer, which will be attended by local dignitaries including Charles Kay-Shuttleworth, the Lord Lieutenant for Lancashire, who will present the award on behalf of Her Majesty The Queen.www.fairbanksglobal.com 

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FPS tanker driver of the year named

Ian Ross centre with Graham Smerdon (l), Pen Underwriting and FPS president Duncan Grant Chosen for his ‘truly extraordinary customer commitment’ Ian Ross from NWF Fuels Wardle depot in Cheshire has taken the title of 2016 FPS Driver of the Year

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Awards and £90m investment at CLH-PS

CLH-PS currently supplies airports at Heathrow (pictured above), Gatwick, Stansted and Manchester Recognising the outstanding contribution of a Spanish company in the UK, an Annual Golden Award is made by the London-based Spanish Chamber of Commerce each year. This year the CLH Group, which created the CLH Pipeline System (CLH-PS) to manage the UK’s Government Pipeline Storage System (GPSS) acquired last May, is the recipient. The GPSS acquisition was the first investment carried out by CLH in a European country and the second at an international level following the creation of a joint venture in Oman in 2014. “This prize recognises the extraordinary effort made by CLH to perform an operation of this status,” explained Salvador Guillén, CLH Group managing director. “The acquisition represented an increase of 50% of the pipeline network that the CLH Group has in Spain.” CLH-PS has now embarked on a £90 million programme of modernisation of assets and the implementation of advanced technologies which is expected to take until December 2018. “This level of investment shows the commitment of the CLH Group to become the leader in the safe and efficient distribution of liquid fuel in the UK,” said CLH-PS chairman, Juan Bonilla. “We must not forget that, at the moment, CLH-PS is the only independent network in the UK dedicated to the storage and distribution of jet fuel through pipelines.” CLH-PS currently supplies fuel to Heathrow, Gatwick, Stansted and Manchester airports in addition to the UK Ministry of Defence. The CLH Group has recently been awarded the operation and renovation of the fuel storage terminal at Dublin Airport with a new company – CLH Aviation Ireland – created to manage these infrastructures.www.clh.es/clhps/staff/section.cfm?id=1&side=2349&lang=en

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Up-to-date knowledge of the terminals market

  The 4th international experience exchange programme – Oil Terminal Management: Logistics for Traders – takes place in Amsterdam from 1-3 June 2016. This workshop series focuses on ports and terminals, traders and major oil companies, logistics companies and service providers who need to get up-to-date knowledge of terminal design, new technologies and features of this market. The programme includes on-site visits to terminals – the Ports of Amsterdam and Rotterdam and the terminals of Royal Vopak Europort, Botlek Tank and Oiltanking Amsterdam B.V. at Odfjell Rotterdam. On the second day there will be a networking session with key personnel from terminals and ports with Louis Monninkhof, business development director at the Port of Rotterdam and Port of Amsterdam’s head of cluster energy, Femke Brenninkmeijer both speaking. Gordon McManus, research director, refining & oil product markets at Wood Mackenzie and Ciaran Roe, Analytic, Platts will also be presenting. Leaders from the following terminals will also be present

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Hoyer Petrolog retains Valero refuelling contract

l-r Tommy Vickers, HOYER operations manager Valero Into-plane operation with members of the driving team – Joe Gilmore, Des Byrne, Trevor Blanche, John Stynes, Greg Byrne and Karl Burke – Dublin airport HOYER Petrolog has retained its Into-Plane refuelling operation with Valero at Dublin airport with a three-year extension to its current deal. Allan Davison, operations director said: “The extension of this contract is excellent news for HOYER and secures a strategically important piece of business within Ireland. “Our excellent relationship with Valero extends back to 2000 and we are excited about the opportunities the next three years offers.” The contract involves refuelling planes during all hours of airport operation and involves 10 refuelling vehicles and 28 staff. In March 2016 HOYER took over the task of delivering to more than 200 TOTAL service stations in West and North Germany; since February the company has also been supplying TOTAL fuels to stations in Bremen and in the Ruhr district and Emsland region.