Industry News

The Federation of Petroleum Suppliers (FPS), together with Midlands-based heating oil distributors, AID Fuels, Nolan Oils and Midland Fuels Oils have been fundraising to help those in fuel poverty and have awarded £11,594 to four National Energy Action Heat Heroes...

Oil derricks over American flagU.S. oil production may be growing more slowly than everyone thinks.In May American drillers pumped 10.442 million barrels a day, which is about 300,000 fewer barrels per day than the Energy Information Administration had projected. In...

Oil giant BP see profits soar for the first time in four years after a rise in crude prices helped it post bumper profits.Underlying replacement cost profit, a key industry measure, hit $28bn (£23bn) in the six months to June,...

Driven by environmental policies uptake and increasing gasification in Asia Pacific, the domestic boiler market grew in 2017 to 15 million units, with China recording the most “dynamic market uptake”.Socrates Christidis, Senior Market Intelligence Analyst, BSRIA’s World Market Intelligence Division,...

Strike action by workers begins today on North Sea platforms operated by French oil giant Total.Unite, Britain’s largest labour union, have said that around 40 rig workers have started a 24-hour strike at 0500 GMT today on the Alwyn, Elgin...