Industry News

OFTEC has welcomed the announcement from the Department of Business, Energy and Industrial Strategy (BEIS) that oil boilers will not be excluded from the next phase of the Energy Company Obligation scheme (ECO3) as initially proposed.The decision follows responses by...

Your Training and Inspections Centre (YTIC) has recently welcomed the addition of new Grant oil boilers and displays to its premises in Llanishen Cardiff.Earlier this summer, Grant UK supplied a selection of its Vortex and VortexBlue oil fired condensing boilers...

A recent BSRIA study on Global Heat Pumps published in May 2018 indicates sales of hydronic heat pumps progressed at a fast rate in 2017. Year-on-year, sales of hydronic heat pumps had a sustained growth of 32 per cent to...

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,...