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Brexit & The Oil Industry
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According to Stephen Brennock, an oil analyst at PVM Oil Associates Ltd., one area of concern is the prospect of a hard Brexit breathing fresh life into a Scottish bid for independence. “A Scottish secession would have serious consequences for...
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OFTEC Ireland Urges Government For Carbon Reduction
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OFTEC Ireland, the body representing the liquid fuel heating industry in Ireland, is urging the Irish Government to take a more realistic approach to reduce carbon emissions where the home heating sector is concerned. OFTEC is encouraging the government to...
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Oil dealer begins delivering new, cleaner blend of heating oil – OilFiredUp
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Maine Energy Marketers Association have announced that all oil dealers in Maine and New England are required to deliver a new, cleaner home heating oil that will reduce emissions and burn more efficiently.MEMA reports the new blend has 99% less...
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Irish Climate Action Not to be Dictated by Oil Industry
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Minister for the Environment, Richard Bruton, has said he “cannot contemplate” a scenario where the oil industry dictates the Government’s climate change action plans. Mr Bruton was responding to a threat from the Irish Petroleum Industry Association (IPIA) of legal action in relation...
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UK Small Pools Could Generate £3 Billion In Value For Oil and Gas Sector – OilFiredUp
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Oil & Gas Technology Centre (OGTC) based in Aberdeen is pushing an initiative called the ‘Tie-back of the Future’ in hopes of slashing in half the cost and time to develop small pools offshore.According to the OGTC the initiative could...
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Certas Energy unveils bunker plan for Lockerbie – OilFiredUp
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Certas Energy has announced plans to develop an HGV refuelling bunker facility at the ‘fechan Truckstop (Eardley International) in Scotland.The site is located at Junction 19 of the M74 in Ecclefechan, Lockerbie, and will provide room for up to three...
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USA & China Agree to Trade War Negotiations
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Trump on Monday said he believed China was sincere about wanting to reach a deal, while Chinese Vice Premier Liu He said China was willing to resolve the dispute through “calm” negotiations, settling global markets. “While ‘de-escalation’ and the expectation...
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Seattle to Tax and Regulate Home Heating Oil Out of Existence – Is this a sign of the future ? – OilFiredUp
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The Seattle City Council voted unanimously on the 23rd of September to phase out the use of home heating oil in the city, a major step in the goal of cutting greenhouse gas emissions from residential buildings by 32 percent...
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10th Delay on Chinese Loan For Providence – OilFiredUp
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Shares in Providence Resources fell more than 5pc yesterday after the group once again extended the deadline to receive funds from its Chinese backer, APEC.This is the 10th time since June that the loan to finance exploration of the group’s...
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USA – China: Trade War is Impacting The Oil Industry – OilFiredUp
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“China should not have put new Tariffs on 75 BILLION DOLLARS of United States product (politically motivated!). Starting on October 1st, the 250 BILLION DOLLARS of goods and products from China, currently being taxed at 25%, will be taxed at...
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