News

UK’s Oil and Gas Authority (OGA) will be established as an independent regulator by the UK Government as of October 1, 2016.On Tuesday the OGA announced the establishment as an independent regulator by the UK Government was made during Secretary of...

OFTEC Cold Homes WeekAs announced earlier this week, The Oil Firing Technical Association (OFTEC) has thrown its weight behind this week’s ‘Cold Homes Week’, a campaign to help raise awareness of the 20% of UK households living in fuel poverty...

Despite sales of oil heating equipment having risen sharply this year, off-mains there remain a significant number of properties where the installation of an oil-fired heating system remains either impractical or unviable. At such properties, electricity remains a popular choice...

FPS EXPO organised by heating oil trade association, The Federation of Petroleum Suppliers, is the oil industry event of the year and is returning to the Liverpool Exhibition Centre on this Wednesday (18th) and Thursday (19th) with the promise of...

RESIDENTS have been warned to be vigilant after oil was stolen from a house in Nercwys.North Wales Police confirmed that a call was received reporting the theft of 1,000 litres of heating oil from a tank at a home in...

Russian President Vladimir Putin has suggested that Moscow and Washington cooperate to soothe the oil market. Russia has partnered with OPEC and other producer nations since 2017 to manage nearly half of the world’s oil supply. After crude prices sank to...

OFTEC has written to the Committee on Climate Change (CCC) expressing major disappointment that, despite clear evidence showing heat pumps are not providing a viable route to decarbonising heat from off-grid homes, the Government’s advisory body has still endorsed this...

Trafigura has signed a long-term agreement with Plains All American pipeline operator. The agreement is to ship 300,000 barrels per day of crude from the Permian Basin to the port of Corpus Christi, as the global commodity trader make their...

Sanchi, an Iranian ship, went down off China’s east coast carrying nearly one million barrels of oil on 6th January 2018.The spill from the tanker has now more than trebled in size. Authorities have surveyed three oil slicks with a...

Labour Launches 2015 General Election 'Green Plan'Labour yesterday set out its ‘Green Plan’, establishing its environment and climate change policies ahead of next month’s General Election.The plan was launched ahead of Labour’s Energy Spokesperson Caroline Flint taking part in a...