Industry News

CCC Recommendations on Decarbonising off-grid heat fail to address reality, says OFTEC

OFTEC has written to the Committee on Climate Change (CCC) expressing major disappointment that, despite clear evidence showing heat pumps are not providing a...

New research reveals importance of additional support in engaging vulnerable customers in smart metering

New research released by fuel poverty charity National Energy Action has demonstrated that smart meters can benefit vulnerable and low-income households – but in...

Ireland Is Officially the First Country to Divest From Fossil Fuels

Ireland committed to divesting public funds from fossil fuel companies on Thursday after parliament passed a bill forcing the 8.9 billion euro (US$10.4 billion) Ireland Strategic...

Warning of Oil Supply Crunch

Saudi Aramco chief warns of oil supply crunch and says investment in projects such as shale will not be enough to meet rising demand Amin...

Trump’s tweets are driving up oil prices

Iran’s Organization of Petroleum Exporting Countries (OPEC) governor has suggested that the president of America is responsible for driving up oil prices with his...

Price of heating oil soars in the middle of heatwave

Demand for home heating oil may have plummeted we bask in the sunshine - but prices are soaring, according to the consumer watchdog. As the...

Increase in U.K. Oil and Gas Tax Revenues

Latest figures from HM Revenue and Customs (HMRC) suggest oil and gas tax revenues are officially since the first time since the industry downturn “in the...

Rix Petroleum Ltd expands into North West and Wales with Strategic Acquisition

Leading family-owned fuel company Rix Petroleum has expanded its UK depot network into North West England and Wales for the first time in its...

MP VISITS EOGB TO SEE LATEST INNOVATION IN OIL HEATING

Huntingdon MP Jonathan Djanogly visited St Neots-based burner manufacturer EOGB Energy Products Ltd to view the latest innovation in off-grid heating technology. Mr Djanogly was...

INDUSTRY UNITES TO DISCUSS FUTURE OF LIQUID FUEL HEATING AT OFTEC ANNUAL CONFERENCE

The future pathway for liquid fuel heating was the key theme of OFTEC’s 2018 annual conference which saw the trade association share industry’s progress...

Featured Articles

Seattle to Tax and Regulate Home Heating Oil Out of Existence...

The Seattle City Council voted unanimously on the 23rd of September to phase out the use of home heating oil in the city, a...
Boris Johnson

Brexit & The Oil Industry