Fuel Oil News January 2018 | Page 3
Oil still has legs
As we start another new year in the fuel
oil distribution industry, it is encouraging
to know that oil still has legs!
These glad tidings come from the
International Energy Agency which,
whilst acknowledging that the world’s
energy is in a state of flux, still sees oil
demand growth remaining ‘robust up
until the mid-2020s’.
Although global energy demand
is expected to rise more slowly than in
the past, overall demand is still expected
to increase by 30% between now and
2040.
The way in which the world will
meet its growing energy requirements
is expected to change dramatically.
The use of natural gas will rise by 35%
with renewables also rising rapidly
and energy efficiency will continue to
improve.
A combination of industry
initiatives and policy support is likely
to result in the
expansion of the
global electric car
fleet from two
million today to 280 million by 2040,
but as the fuel use in passenger vehicles
transitions, oil demand in other sectors
– trucks, aviation and shipping – is due
to rise.
The US is anticipating crude oil
prices to average $57 dollars a barrel
over 2018. The country will account for
an 80% increase in global oil supply up
to 2025.
Confirming the decision to continue
to curb oil output at OPEC’s November
meeting, Saudi energy minister Khalid
al-Falih said he felt ‘extremely optimistic
about the short and long-term outlook
for oil’.
With respect to the future of
the kerosene market, it is reassuring
to know that OFTEC is fighting back
against recent ‘misleading information’
published in the trade press – see
page 4.
As long as oil still has those legs, it
is important that the industry as a body
gets together to defend its corner.
Best wishes for an oil-fuelled,
productive and lucrative 2018.
Contact us
01565 653283
www.fueloilnews.co.uk
Managing director
Nick Smith
News desk / Editor
Jane Raphael
[email protected]
4-5,7,11 NEWS
A serious challenge to our sector
9 2017 PRICES AND MARGINS
12-13 IN CONVERSATION
Halso Oil UK
15 PORTLAND MARKET REPORT
17 40TH ANNIVERSARY CELEBRATION
18,20 INSIDE OUT
Transforming our energy world
19 IRISH NEWS
21 TRADE & TECHNICAL
22 PRICING PAGE
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Stephen
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Sarah
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01708
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Islands
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2016
2018
Thurso
Annual subscription for the UK
& Republic of Ireland is priced at
£98 or €113 inc. p&p. Overseas:
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Inverness
Certas Energy
Keith
12/12/2017 10:55
Aberdeen
Aberdeen
Asco Oils
Kingussie
underwriters.
lines in excess of
• Secured credit
in 2015.
£8.0bn for our clients
Certas Energy
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of inaccuracy or
Cork no Oil
liability will be accepted
Knutsford, Cheshire
Maps
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between East press,
caused as a result
Kingsbury and Northampton
House, Tatton Street, joint venture
produced by Active
at time of going to
or inconvenience
at Hamble,
is deemed correct
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Publishing Ltd, Caledonian
loss, omission, damage
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6AG. Telephone
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accepted for any
ensure that the information
Cheshire WA16
Designed and published
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Tatton Street, Knutsford, correct at time of going to press,
*** Following
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Disclaimer:
Caledonian House,
is deemed
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Designed and published effort has been made to ensure
every
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Jay Medina
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across the country,
25 supply locations
With more than
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we are the only
on-time
loading times and
ordering, short
7400
For quick and easy
team on 020
the commercial
deliveries, call
4745
SUPPLY.
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PRICING.
COMPETITIVE
ARE.
WHEREVER YOU
T: 0207 170 7710
.com
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divested.
venture must be
in Spring 2016.
share in this joint
by Couche-Tard
will be acquired
50% of the company’s
Maps. 2015
of Esso Ireland,
conditions, Topaz
maps.co.uk ©Active
approvals/closing
error in the information.
on Topaz’s purchase
750049 www.active
of inaccuracy or
the usual regulatory
Commission ruling
Maps Ltd. Tel 01565
caused as a result
* Subject to of
produced by Active
2016
going to press:
and Consumer Protection
©Active Maps. 2018
damage or inconvenience
01565 653283 Map
acquired Topaz in
At the time
a Competition
sale
error in the information.
**Under
and Greenergy for any loss, omission, Ltd. Tel 01565 750049 www.active maps.co.uk
WA16 6AG. Telephone
remain for
retailer Couche Tard
of inaccuracy or
Cork no Oil
liability will be accepted
Knutsford, Cheshire
Maps
* Canadian fuel
between East press,
caused as a result
Kingsbury and Northampton
House, Tatton Street, joint venture
produced by Active
at time of going to
or inconvenience
at Hamble,
is deemed correct
01565 653283 Map
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12/12/2017 10:55
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T: 0151 350 4003
| E: [email protected]
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*2016 Customer Survey
www.fueloilnews.co.uk/category/directory
Volume 41 No 1
ISSN 1757-1057
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2017 D I R EC TO RY
O F
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UNLEADED PETROL
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1 0 0
PROVIDING ENERGY,
IMPROVING LIVES
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Stromness
Ullapool
0 3683
BP ..............................................02
BP ..............................................02 600 4040
4040
Certas Energy............................0845 600
5201
Certas Energy............................0845 601 5201
ESL Fuels ..................................0151 601
350 4003
ESL Fuels ..................................0151
Essar Oil UK ..............................0151 350
1795
136 4003
Essar .........................................0151
Mobil ...............................0207 136 1795
Exxon
.0207 400 4745
Exxon Mobil ...............................0207 360000
Greenergy.................................
.0207 404 7700
Carless UK ..............01372
Haltermann
Greenergy.................................
843354
360000
UK ..............01372
Energy ...........................01932
Harvest
822 4966
Haltermann Carless
............................0207 580 0033
Jet Petroleum
Harvest Energy ..........................0207 412785
404000
Local Fuel ...................................01273
.0207 802 3300
Jet Petroleum .............................01926
412785
Mabanaft...................................
477860
Local Fuel ...................................01273
Petroineos Fuels.........................01324
4966
.0207 802
822 3300
Mabanaft...................................
66 ..................................0207 477860
Phillips
843354
...........................01932
Fuels.........................01324
Petroleum
Petroineos
Prax
663300
404000
..............................01646
66 ...................................01926
Puma
Phillips Energy
1234
.020 7934
843354
Shell..........................................
284
Prax Petroleum ...........................01932
3 249 7710
170
Total ...........................................0192
Puma Energy .............................0207 850 9891
0924
.0870 850
Valero ........................................0845
411547
Shell..........................................
................... 01784 249508
23
World Fuel Services
Total ............................................019
07714 452398
OTHER CONTACTS
073 8630
.....................................0845 850 9891
Acumen
Valero ........................................0845 812762
863399
01890
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5137
808
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..................0207
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Services Ltd
World Fuel Systems
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THE 2017 DIRECTORY
O V E R
Str omness
CONTACTS 03 683 6362
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5750
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Fuel Oil News | January 2018 3