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OFTEC Urges Heating Businesses to Protect Themselves Against Liability

Get Ready for New Environmental Regulations

New regulations from Natural Resources Wales are due to come into force in March 2020, resulting in all above ground tanks in excess of...

U.S. Oil Demand On The Rise

The U.S. economy burned through an average of 20.46 million barrels of crude oil and related liquids each day last year. That was about...

Predicted 6.43% CAGR For Oil And Gas Market By 2025

The demand in the global underwater monitoring system for the oil and gas industry is expected to reach a CAGR of 6.43% by 2025. The...

Safer Tanks For Homeowners

OFTEC is calling for homeowners to consider upgrading their tanks to safer and more robust double-skinned or "bunded" models. With an estimated 700,000 homes in...
OFTEC energy savings drive supported by SEAI

Dorset Residents Urged To Be Vigilant for Oil Heating Scam Artists

Dorset residents are being urged to be vigilant when having work done to their heating system in an effort to avoid non-qualified technicians and...

Where will Oil Prices Go? Up or Down?

The Oil Business is very unpredictable– and no matter what independent analysts might suggest, no one knows exactly where crude prices will go. While benchmark...

Scientists call for halt to oil exploration

The British Geological Survey (BGS) has revealed that the depth recorded was estimated for a spate of earthquakes in Surrey and so not accurate....

HEATING SECTOR THRIVING AS DEMAND FOR OIL EXPERTISE GROWS

OFTEC registration figures have hit a five year high and are continuing to rise, underlining the increasing value both technicians and consumers are placing...

American Oil Production Disappoints

U.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...

BP hikes its dividend on buoyant oil market

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...

Featured Articles

Biofuel Blends Called For By Irish Suppliers

The oil heating industry lobby group Oftec has called on the Irish government to extend the biofuels obligation programme, which requires fuel suppliers to...