Fuel Oil News January 2020 | Page 18

Knowledge Continued from page 17 also be a key factor. With oil priced in US dollars, the health of the nation’s economy and the level of American interest rates will also be important. At the end of October, amid signals of slowing economic growth the Federal Reserve cut rates for the third time in 2019. This all but reversed the increases seen throughout 2018. As lower interest rates are commonly reflected in a weakening of the nation’s currency, in the case of the US this would make oil comparatively cheaper and could help support demand. However, this would be tempered by the wider economic implications that would necessitate lower interest rates. The UK has its own electoral and political Election, election, election Looking ahead to 2020, the US political debate is set to assume centre stage as November’s presidential election looms. With president Trump having sought to promote American energy independence, a number of Democratic candidates have highlighted policies based upon the reduction of oil & gas and a lower carbon agenda. American foreign policy may also be a factor in the market, depending upon how the wider relationship with Saudi Arabia, and particularly Iran, evolves in the run-up to the election. The country’s economic policy will considerations with the future of the nation’s relationship with the EU showing little immediate signs of becoming clearer. The fate of the October 2019 deal negotiated by the Conservative government will be inextricably linked with the outcome of December’s election, as will the future of the UK and EU economies and in turn what that means for the global economic outlook. Dr. Craig Lowrey is a senior consultant at Cornwall Insight with over 25 years’ experience across the energy sector – www.cornwallinsight.com What’s in store for 2020? ENCLOSED WITH THIS ISSUE IS A FREE COPY OF THE FUEL OIL NEWS 2020 STORAGE & TERMINALS MAP WHICH MARKS THE 12TH EDITION OF THIS VERY POPULAR PRODUCT Wallplanner ad Fuel oil 2015 v2.pdf Access your trading account online and track a deal, with real-time reporting, from lifting at the terminal through to final invoicing. Specialists in the storage and handling of bulk liquid chemicals, Specialists in the storage petroleum, oils and and handling gases of bulk liquid chemicals, petroleum, oils and gases    0207 802 3300 | www.mabalive.co.uk Jason Hornsby Lindsay Tose 01/12/2015 15:09 Your fuel supplier of choice M A B AV V ISION 1 EX-RACK & WHOLESALE FUELS Reliable fuel supply Competitively priced Investing for the future LOCAL information FUEL BRAND For A more contact us on: [phone] 01273 412785 • www.localfuel.co.uk • [email protected] [phone] [email protected] LOCAL FUEL PLC 01708 546767 863399 01642 [email protected] [email protected] Unleaded Petrol • Diesel • Gas Oil • Marine Gas Oil Kerosene • UKPIA/TSA SLPS Inspection Provider Jay Medina Sarah Morgan 01708 863399 683744 01708 [email protected] [email protected] Terminals in: Grangemouth Grays   Oikos FuelOilNews_Map_1215_Layout 1 01/12/2015 16:53 Page 1 navigator on map 2020.indd 1 2016 2020 25/11/2019 16:04:00 www.fueloilnews.co.uk Tel: www.fueloilnews.co.uk Tel: [phone] 653283 653283 Orkney Islands Orkney Islands Stromness Thurso @Phillips66UK Inverness Certas Energy Orkney Islands Uig 020 7400 4745 Haltermann Carless www.greenergy.com UK..............01372 360000 Mallaig Harvest Energy..........................0207 580 0033 SC Fort William Finnart Ocean Petroineos Fuels Clydebank Puma Energy.............................0207 170 7710 Pitlochry LSS 01890 812762 LSS Craigavon Dundalk LSS Dundalk Longford Manchester REPUBLIC OF Galway Inter Terminals Shannon Inter Terminals Atlantic Fuel Supply Company Dublin Limerick Foynes Limerick Atlantic Fuel Supply Company Waterford Portaloise Whitegate Phillips 66 Pembroke Nottingham Leicester King’s Lynn Lindsey Norwich Great Yarmouth Total Lindsey Oil Refinery Norwich A1(M) Kettering York Leeds Coventry Peterborough Kingston upon Hull Kettering Bradford Warwick M62 Coventry Northampton M5 Preston Humber Aberystwyth World Fuel Services Worcester ExxonMobil Kingsbury Avonmouth Avonmouth BP***/ Shell ExxonMobil Valero Taunton W Plymouth Milford Haven Valero Penzance Great Yarmouth Asco Oils Northampton Great Yarmouth BP Phillips 66 Northampton Falmouth Valero World Fuel Services Falmouth Weymouth Puma Energy Plymouth Brighton Eastbourne Local Fuel ExxonMobil Cowes Great NuStar Yarmouth Terminals Grays Grays Thames Navigator Terminals Harwich M25 Margate M2 M20 Salisbury Taunton Valero ExxonMobil Yeovil * Subject to the usual regulatory approvals/closing conditions, Topaz will be acquired by Couche-Tard in Spring 2016. Southampton M5 At the time of going to press: **Under a Competition and Consumer Protection Commission ruling on Topaz’s purchase of Esso Ireland, 50% of the company’s share in this joint venture must be divested. * BP terminal at Hamble remains for sale Exeter Bournemouth Dover Crawley Folkestone Brighton Portsmouth Haltermann Carless Buncefield BP Thames Oil Port Greenergy / Shell LONDON MFG Northampton Inter Terminals Vopak BP*** Puma Energy Reading M3 Plymouth Valero Avonmouth Oikos Storage Folkestone Dover ExxonMobil M1 Colchester M11 Staines Luton Brighton Harwich Hemel Theale Hamble ExxonMobil Local Fuel Hempstead Energy Oxford Puma BP Dagenham M25 Theale Stolthaven Terminals Hamble Greenergy Prax Petroleum Valero World Fuel Services Avonmouth Greenergy Staines Gloucester Bristol Plymouth Cardiff Cardiff Plymouth Valero Dover Peterborough M20 Crawley Brighton Purfleet Folkestone Northampton ExxonMobil Eastbourne Portsmouth Brighton Cambridge Purfleet Ipswich Portsmouth ExxonMobil Port Westerleigh Fawley Swansea Talbot Cowes Swindon Puma Energy Newport ExxonMobil BP* MRH GB M4 M4 Cardiff Greenergy M25 Kettering Coventry Warwick M40 Westerleigh Fawley Ross-on-Wye Weymouth Cardiff Pembroke Crawley M3 Birmingham Southampton Salisbury M5 Bournemouth Southampton Worcester Yeovil Bournemouth M50 Haverfordwest Puma Energy Yeovil M5 Exeter Plymouth Milford Haven Salisbury A L E S Aberystwyth M5 Taunton Exeter Birmingham ExxonMobil Purfleet Eastbourne ** Planning permission pending for Ltd, LCC Group’s storage Cloghan Point Cheshire WA16 6AG. Telephone [phone] Map produced by Active Maps Ltd. Tel [phone] www.active maps.co.uk ©Active Maps. 2015 Designed and published by A&D Publishing Caledonian House, Tatton at Street, Knutsford, Brighton Disclaimer: Whilst every effort has been made to ensure that the information is deemed correct at time of going to press, no liability will be accepted for any loss, omission, damage or inconvenience caused as a result of inaccuracy or Staines error in the information. Local Fuel Designed and published by A&D Publishing, Caledonian House, Tatton Street, Knutsford, Cheshire WA16 6AG. Telephone [phone] Map produced by Active Maps Ltd. Tel [phone] www.active maps.co.uk ©Active Maps. ExxonMobil 2019 Weymouth Disclaimer: Whilst every eff ort has been made to ensure that the information is deemed correct at time of going to press, no liability will be accepted for any loss, omission, damage or inconvenience caused as a result of inaccuracy or error in the information. Canvey Island Oikos Storage Grays Inter Terminals Thames Navigator Terminals ExxonMobil Building a positive future. Essar Oil (UK) Limited, Marketing Department Stanlow Manufactoring Complex, PO Box 3 Ellesmere Port, Cheshire, CH65 4HB T: 0151 350 4003 | E: [email protected] Plymouth Westerleigh Puma Energy Penzance T: 01646 663300 RELIABLE FUEL SUPPLY. COMPETITIVE PRICING. WHEREVER YOU ARE. 11/12/2019 16:25:39 Asco Oils Peterborough Tamworth Harrogate Leicester M54 Blackpool Birmingham Blackburn Puma Energy Great Yarmouth Birmingham Essar Oil UK Scunthorpe Immingham M1 Cambridge Ipswich M180 Northampton Warwick Barnsley M5 Inter Terminals Harwich Eastham Worcester Liverpool M40 M50 Immingham Grimsby Cambridge Haltermann Carless M1 Manchester Inter Terminals Colchester Ipswich M11 Sale Phillips 66 Gloucester Harwich Harwich Sheffield Luton M40 Hemel Buncefield Stanlow M50 M56 Ross-on-Wye Haltermann Carless Bramhall Hempstead M1 Luton Colchester BP M11 Essar Oil UK Dagenham Gloucester Oxford Harwich Port CLH Pipeline System M1 Lincoln Hemel Buncefield M25 Stolthaven Terminals Ross-on-Wye Chester Waverton Talbot Hempstead E N G L A N D Thames Swindon Newport BP Oil Port Dagenham Colwick Stoke Oxford Vopak / Greenergy / Shell M4 Cardiff Essar Oil UK Swansea Port M25 M4 Total Terminals Stolthaven LONDON Derby Cardiff Cardiff Talbot Thames Oil Port Swindon Reading Newport Boston M6 Canvey / Shell Island Nottingham Greenergy Prax Petroleum Inver Energy M4 Cardiff Bristol Margate M4 King’s Lynn LONDON M2 Oikos Storage Great Yarmouth Reading Cardiff M25 Kingsbury Cardiff M20 Shrewsbury Tamworth Asco Oils Norwich Canvey Island Greenergy M3 M54 Leicester Bristol Phillips 66 / Total Valero Margate M2 Grays Valero Rosslare Penzance w: www.credit-insure.co.uk Shrewsbury Cardiff Cardiff Kingsbury Avonmouth Avonmouth Valero Prax Petroleum Valero Wexford Cork All bio free Shrewsbury Liverpool 01565 626767 www.elevenrecruitment.com Bedworth small panel on wall map 2020.indd 1 Haverfordwest Swansea Valero Irving Oil Valero Whitegate Immingham Riverside Inter Terminals Inter Terminals Immingham Immingham Grimsby Manchester M1 Barnsley M180 Inter Terminals Seal Sands Seal Sands Phillips 66 Sunderland Sheffield Navigator Immingham Terminals Inter Terminals Grimsby Manchester Durham Bramhall Phillips 66 A1(M) CLH Pipeline System M1 Sheffield Stockton-on-Tees Lincoln PX Group Bramhall E N G L A N D Ellesmere Port Milford Haven Dublin Pembroke Irving Oil Lindsey Total Lindsey Oil Refinery Humber Lindsey Phillips 66 Total Lindsey Oil Refinery Humber Prax Petroleum Phillips 66 Jarrow Kingston upon Hull M6 M6 Tamworth M54 Lancaster W A L Manchester E S [email protected] ExxonMobil Haverfordwest Valero www.localfuel.co.uk 01273 412785 [email protected] Isle of Man York Colwick Stoke CLH Pipeline System M1 Middlesbrough Lincoln North Total Tees Chester Waverton Derby E N G L A N D Boston Navigator Terminals Kendal M6 Stoke Nottingham Scarborough King’s Lynn Derby Boston Valero Aberystwyth W A L E S Essar Oil UK / Shell Birmingham ExxonMobil Holyhead World Fuel Services Birmingham Dublin Puma Circle Energy K ** Milford Haven Milford Haven Dublin Waterford Killarney Inter Terminals Kingsbury Rosslare Milford Haven Dublin Puma Valero Energy SemGroup LP / Applegreen Zenith Energy Limerick Atlantic Fuel Supply Company Authorised and regulated by the Financial Conduct Authority Whitegate Whitegate Irving Oil Foynes e: [email protected] IRELAND Circle K** Valero Kingsbury Kingsbury Valero BP / Shell Sale Port Belfast Phillips 66 / Total Valero Galway Cork Galway Essar Oil Stanlow M56 Workington Chester Waverton Kingsbury Kingsbury Rosslare Wexford REPUBLIC OF Cork Killarney Dalston Liverpool Sale Eastham Stanlow M56 Petroineos Fuels Inter Terminals Total / Phillips 66 Dundalk Wexford Longford Waterford Killarney Kingsbury Irving Oil A1(M) upon Hull upon Tyne Barnsley Preston Bradford M1 M62 M180 Scunthorpe Carlisle NuStar Terminals Essar Oil UK Navigator Terminals Kingston Scunthorpe Eastham World Fuel Services Liverpool Ellesmere Port Belfast M1 Circle K Portaloise Enniskillen Topaz**/ Valero Essar Oil Armagh Dublin Craigavon Dublin Sligo Ellesmere Valero Top Oil / Applegreen Essar Oil UK Newry North Tees Tyne York Preston Bradford Leeds M62 Blackpool Blackburn Newcastle Dumfries Stranraer Liverpool Dublin Henty Oil Ballymena NORTHERN Holyhead Dublin Dublin Belfast M2 World Fuel Services IRELAND Topaz* PPuma Energy Belfast Dublin Dublin I R E L A Portaloise ND Circle K Shannon Greenergy Scarborough Inter Terminals Leeds Harrogate Marine Fuels PX Group Teesside A1(M) Blackpool Blackburn Inter Terminals Seal Sands Seal Sands Stockton-on-Tees Navigator Terminals Inter Terminals Middlesbrough Harrogate Key Supplier for recruitment experience Give your next 020 7553 6700 more & than 10 out of 10 Inland Seal Sands Vopak Middlesbrough Berwick- Scarborough upon-Tweed Lancaster Valero Henty Oil Cloghan Point LCC Group Holyhead Londonderry REPUBLIC OF IRELAND Galway Galway Manchester Liverpool Coleraine Inter Terminals Riverside Seal Inter Sands Terminals A1(M) Edinburgh M6 Kendal Lancaster Valero Longford Jarrow Riverside Prax Petroleum Shell Petroineos Durham A1(M) Sunderland Grangemouth Durham Inter Terminals M6 Kendal Isle of Man Ayr Campbeltown Jarrow Newcastle Grangemouth Sunderland upon Tyne M8 M74 [email protected] www.reynoldsinsure.com 0151 350 4003 Authorised and regulated by the Financial Conduct Authority. www.essar.co.uk Inter Terminals Newcastle M90 Glasgow Inter Terminals Servicing a substantial part of the UK’s energy corridor from our Stanlow Refinery, Northampton and Kingsbury terminals, network of pipelines and world-class road gantry, we Manchester Sheffield London ensure consistent availability of high-quality products at competitive prices. 0161 905 5500 0114 280 0169 020 3544 4850 Inter Terminals Geos Group Tyne Carlisle Isle of Man Kilmarnock Belfast The country’s resellers, distributors, road, rail and public transport sectors rely on our manufacturing expertise and security of supply to keep things moving. Asco Oils Aberdeen North Certas Shields Energy Blyth Dundee upon Tyne Perth Petroineos Fuels Stirling Carlisle Dalston Workington Petroineos Fuels Greenock Falkirk Workington Valero Armagh Newry Craigavon Londonderry Newry Topaz Galway Dumfries Dalston Belfast M1 Enniskillen Sligo Crianlarich Stranraer Clydebank Belfast N I R O E R L T A H N E D R N Belfast Belfast Inter Terminals M2 NuStar Terminals I R E L A N D M1 PPuma Energy Belfast Armagh Enniskillen Sligo Stranraer Belfast Petroineos Fuels LCC Group** BP / ExxonMobil M2 Ballymena NORTHERN Dumfries Oban Coleraine Ballymena Finnart Ocean Cloghan Point Londonderry • Over 100 years service. Aberdeen SCOTL AND Pitlochry • We represent over 90% of the UK trade credit insured Oil Sector. Inter Terminals upon-Tweed M74 Asco Oils Grangemouth Fort William Ayr Coleraine Londonderry Grangemouth Grangemouth Petroineos Keith Peterhead NuStar Terminals Edinburgh Berwick- upon-Tweed Aberdeen Berwick- Kingussie • Recommended broker of the Federation of Petroleum Suppliers. Peterhead Petroineos M8 M74 Kilmarnock Ayr Campbeltown KEY KEY t: 0845 073 LOCAL 8630 FUEL PLC BN41 1AZ • Secured credit lines in excess of £8.0bn for our clients in 2015. Grangemouth M90 Kilmarnock Glasgow Campbeltown Vopak..........................................01708 863399 We are years here for you… Over 100 service. Aberdeen Certas Energy Stirling Falkirk Inverness M8 Edinburgh Glasgow Falkirk Mallaig Londonderry World Fuel Services ..................0207 808 5137 KEROSENE $770bn of trade supported UKPIA SAFE LOADING PASSES across Aon’s Credit Solutions. • Strategic business partner with all the leading credit insurance underwriters. Certas Energy Inverness Greenock Londonderry Valero ........................................0845 850 9891 Dundee Perth Dundee Perth Greenock Inter Terminals Total ............................................01923 249508 As an Aon company, we have UNLEADED PETROL a global DIESEL presence with over 100 office locations MARINE GAS across OIL 57 countries. GAS OIL Asco Oils Aberdeen Aberdeen Asco Oils Certas Energy M90 Stirling Clydebank 07714 452398 Pitlochry Crianlarich Uig NuStar Terminals Shell...........................................0870 850 0924 Strategic business partner Bantry Bay Zenith Energy with leading credit insurance underwriters. Specialist Credit Insurance Brokers to the Oil Industry Aberdeen OTL AND Crianlarich Ullapool Oban Petroineos Fuels Prax Petroleum...........................01932 843354 Local Fuel Peterhead Aberdeen Aberdeen Wick SCOTL AND Oban Finnart Ocean Phillips 66 ...................................01926 404000 Specialist Credit Insurance Brokers to the Oil Industry TRADE CREDIT Asco Oils Thurso Kingussie Mabanaft....................................0207 802 3300 Petroineos Fuels.........................01324 477860 Inter Terminals Peterhead Fort William Local Fuel ...................................01273 412785 THE SHOREHAM OIL IMPORT TERMINAL Shannon Keith Kingussie Mallaig Jet Petroleum .............................01926 404000 Keeping Britain on the move Asco Oils Peterhead Stromness Inverness Inverness Greenergy..................................0207 404 7700 03/12/2019 17:29 Peterhead Keith Now supplying marine fuels. Zenith Energy FON-Map_1119.indd 1 Certas Energy Ullapool Uig Exxon Mobil ...............................0207 136 1795 Bantry Bay Wick Inverness Ullapool Essar 350 4003 With more than .........................................0151 20 supply locations, we have unique national supply capability. Foynes T 01926 404 000 W www.phillips66.co.uk Wick Thurso KEY CONTACTS Reliable fuel supply BP..............................................020 3683 5750 Competitive pricing Certas Energy............................0845 600 4040 Wherever are ESL Fuels you ..................................0151 601 5201 Topaz After 50 years of providing the UK with essential domestic, agricultural, industrial and road fuels, we’re ready for 50 more. Stromness E: [email protected] Falmouth Plymouth Plymouth World Fuel Services Greenergy Milford Haven / Belfast / Westerleigh / Theale / Newport / London With more than 25 supply locations across the country, we are the only national fuel supplier. For quick and easy ordering, short loading times and on-time deliveries, call the commercial team on 020 7400 4745 www.greenergy.com Valero Fawley ExxonMobil Hamble BP*** 18 Fuel Oil News | January 2020 Theale Puma Energy Cowes Gathering Energy MFG Harvest Energy is one of the largest and fastest growing independent fuel suppliers in the UK. As an importer, blender and supplier of petroleum products nationwide we can be flexible, competitive and you can be confident of delivery. For the best spot quotes, supply contract and pricing options call our sales team now: 01932 843 354 HE_Wallplanner_2020_ALL SIZES.indd 1 FON-Map 2020.indd 1 Kicking off with IMO changes to marine fuels, the industry will no doubt have plenty to report at StocExpo, which takes place at Rotterdam Ahoy from 10th–12th March 2020. Opening the conference, Artur Runge-Metzger, director, DG CLIMA, European Commission will give an assessment of the future of sustainable transport and the EU’s energy policy. Closer to home, Peter Davidson, TSA executive director has called on the new UK government to work in partnership with the bulk liquid storage sector and ‘for positive steps to be taken around our future trading relationship with the EU to restore business confidence and mitigate uncertainty.’ The 2020 Tank Storage Association conference & exhibition will take place at the Ricoh Arena in Coventry on Thursday 24th September. harvestenergy.com 05/12/2019 16:38 16/12/2019 13:16:08 New for 2020 – the TSA has launched its very own channel on YouTube. “With the aim of providing a window into the UK’s bulk liquids industry, the channel will feature videos showcasing the sector and its role in supporting growth and prosperity,” explained Peter Davidson. “It will also allow us to communicate and connect with a much wider audience. For the launch, the channel displays the associations’ core values and work on behalf of its membership. Additional videos, interviews and much more will be uploaded regularly. “This exciting initiative reflects our commitment to raising awareness of the incredibly important role that our sector plays.” Fuel Oil News would very much like to thank those companies who have supported the production of this year’s map – Acumen, Essar, Eleven Recruitment, Greenergy, Harvest Energy, Local Fuel, Mabanaft, Navigator, Phillips 66, Puma Energy and Woodfield