Tag Archives: Oil

A revolutionary launch from Magnus Monitors

Galway-headquartered Magnus has introduced its first product to the oil and lubricants industry – a truly wireless, battery-driven, radar technology-based oil level monitor that can be installed on tanks without holes or alterations. The monitor is unaffected by environmental factors Read more »


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 June, saw oil prices climb to their highest level in 3 months. In addition Read more »


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 leadership team. Managed by Janet and Trevor Kettlewell since 1996, the MBO means the husband Read more »


Carbon capture project emerges from Humber refineries

Last week, in another significant industry step towards contributing to the UK Government’s Net zero objectives, Phillips 66, Uniper and VPI Immingham announced a memorandum of understanding to co-develop Humber Zero. A multi-million pound carbon capture and hydrogen project on Read more »


Solving the industry recruitment challenge

Boris Ivanov

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