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BP to cut 10,000 jobs as virus hits demand for oil
BP has announced plans to cut 10,000 jobs worldwide following the global slump in demand for oil. Having paused redundancies during the peak of the pandemic ...
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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 ...
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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 ...
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Industry body sees transition as the solution
The leading representative body for the UK’s offshore oil and gas industry, OGUK, has called for the transition to net-zero greenhouse gas emissions to ...
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Total commits support to carbon neutrality target
Becoming the fourth oil major to commit to ‘net zero’, Total has announced its target of net zero emissions in Europe by 2050. The company has ...
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Off grid homeowners benefit from low prices
UKIFDA says off grid homeowners across Great Britain are seeing prices of heating oil drop by up to 27% since the same time last year, according ...
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Clean Heat Grant proposed to accelerate low carbon heating
The UK Government has outlined its intentions to replace the Renewable Heat Incentive (RHI) with a new Clean Heat Grant which aims to help households ...
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UKIFDA supportive of Scottish energy consultation proposals
UKIFDA has urged the Scottish Government to consider the 135,000 households in Scotland who use oil to heat their homes when setting the energy policy in ...
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Association lobbies for delay on carbon tax increase
The trade association for the liquid fuels sector in Ireland, UKIFDA, has lobbied Finance Minister Paschal Donohoe in a bid to get the Irish government ...
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SEA call for regulation welcomed by UKIFDA
Following the publication of a report by the Sustainable Energy Association (SEA) UKIFDA is looking forward to “digesting the detail” and “working with SEA on ...
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US oil price falls below zero for the first time in history
The leading representative body for the UK’s offshore oil and gas sector has warned the latest oil price developments could fundamentally undermine the ability ...
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UKIFDA submits its views on the Northern Ireland Energy Strategy
Liquid fuels trade association UK and Ireland Fuel Distributors Association (UKIFDA) has submitted its views on behalf of members on the Northern Irish Government’s ...
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Calls for clarity on recent Budget announcements
Relief
Last week’s budget announcement brought relief to agriculture, rail, fish farming and non-commercial heating with all being exempt from the abolishment of the ...
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Introducing E10 – ‘a welcome development’
UKPIA has welcomed the Department for Transport’s recent announcement that they are consulting on proposals to introduce petrol blended with 10% bioethanol, otherwise known as ...
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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 ...
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Ambitious low carbon investments
The UK Petroleum Industry Association (UKPIA) has welcomed the Department for Business, Energy and Industrial Strategy (BEIS) funding towards hydrogen projects at Essar’s Stanlow ...
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A change in direction for Thomas Silvey
Following an extensive review of Mabanaft’s UK-based companies – Mabanaft Limited, BWOC and Thomas Silvey – the latter is now focusing on fleet solutions. This change ...
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Diversifying into truckstops
In a deal completed on 31st January, Mabanaft Ltd has acquired Avon Lodge, one of the UK’s top-tier independent truckstops. The transaction highlights ...
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Downstream chief executive Tufan Erginbilgic to leave BP
BP has announced that Tufan Erginbilgic, chief executive of BP’s Downstream segment, has decided to leave the company at the end of March 2020.
Tufan ...
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OFTEC supports installer transition to decarbonised world
OFTEC, which has been a leading voice in the oil heating industry for more than 25 years, is helping to equip installers with the training, skills ...
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Creating a Taskforce for Liquid Biofuels
Trade Associations OFTEC, TSA and UKIFDA have kicked off 2020 with the launch of a future vision for liquid fuels ‘Supply Chain Strategy for Liquid Fuels’, ...
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Oil-fired heating – time to back the most cost-effective option
Offering the best decarbonisation solution for oil heated homes, OFTEC says it’s time for government to back low carbon liquid fuels&...
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Major rebrand for Scottish Oil Club
The Scottish Oil Club has announced a relaunch, with a new name and refreshed branding that better reflects its role as a discussion forum for ...
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UKPIA calls for action in energy manifesto
The UK Petroleum Industry Association (UKPIA) has launched an energy manifesto ahead of the December general election, calling on the next Government to take ...