News

Many rural homes could be heated by vegetable oil within the next five years, according to a new industry report on the future of rural heating.Currently, oil heating is one of the most popular choices for those living off the gas...

The terms ’bunding’ means to provide oil resistant containment around a storage vessel. A ’bunded’ tank therefore consists of ‘a tank within a tank’. In the event of a spillage originating from the inner tank, any surplus fuel will be...

Signal Capital Management has launched a cryptocurrency ‘Petrodollars’ backed by oil and gas reserves.Its initial coin offering is expected to take place in late 2018.Signal Capital Management, a New York based investment and holdings company, have launched a cryptocurrency backed...

A ruptured domestic fuel tank was the cause of a large fire in Barwick, near Yeovil, on Thursday (February 22).The fire service have said that two bungalows were damaged as a tank containing 1000 litres of fuel caught fire.The cause...

Demand for home heating oil may have plummeted we bask in the sunshine – but prices are soaring, according to the consumer watchdog.As the U.K. swelter in Mediterranean temperatures, the price of oil is 39% higher than this time last...

The Federation of Petroleum Suppliers (FPS), the trade association for the UK oil distribution industry, has met with the Scottish Environment Protection Agency (SEPA) regarding the introduction of new legislation which will affect over 95 heating oil and fuel distribution...

Aga Rangemaster Group plc, manufacturers of the iconic oil fired stove, have acquired the business and assets of Redfyre Cookers and Don Heating Products from Gazco Limited for c.£750,000.  The Redfyre and Don businesses currently have a combined revenue of...

BarcelonaAfter a two-year break, OpenRoom’s Fuel Distribution Forum returns again, providing leading heating oil distributors across the UK and Republic of Ireland with the opportunity to meet suppliers for a day of networking opportunities.This year’s programme, includes a topical opening session together...

Heating Oil Prices Continue To TumbleLatest independent figures show that heating oil prices have carried on falling and are now at a three year low, which according to The Oil Firing Technical Association (OFTEC) makes heating oil the cheapest and...

Households are being warned about the potential dangers of trying to fix their own heating systems, with local technicians revealing their top ‘DIY fails’.The most common bodged heating repair jobs include homeowners attempting to fix or replace their own boiler...