Fuel Oil News July 2019 | Page 3

Reaching a milestone 20 On 4th May, I reached a personal recently caught my attention milestone; having joined Fuel Oil – the subject being 63-year old News on Tuesday 4th May 1999, Ian Taylor, CEO of energy and years 20 years has passed since I took commodities company, Vitol my first tentative steps into the world of which trades some 7.4 million barrels of fuel oil distribution. oil products a day. Time has certainly flown since my The grandson of a docker in arrival as a complete novice; armed only Glasgow, this Cheshire multi-millionaire with the fact that my parents had oil- has had cancer four times, most recently fired heating and my car needed filling throat. When told that palliative care up with petrol, there was a whole new was his only option, he sought proton world to explore. beam therapy (PBT) treatment in Apprehensive at first, I wondered Switzerland at a cost of £24,000. how I would ever fill in all the knowledge Dismayed by the UK’s woeful PBT gaps, and more importantly, would I provision, the Taylor Family Foundation actually find it interesting enough to has just donated £4.5 million to the hold my attention? The answer to this Christie cancer hospital in Manchester to question can be found in this issue, as support a clinical trial for patients with to mark the occasion, Liz Boardman, mouth and throat cancer. former deputy editor of Fuel Oil News, Whilst seeing the need for change, interviewed me, a rather strange process Ian says ‘the UK’s emissions are a when I am normally the one doing the pinprick.’ Reflecting on oil’s role, he interviews… believes ‘bringing oil to people and Speaking making it cleaner, cheaper, better and of interviews, more efficient has on balance been one in The a good thing’, something no doubt Times magazine endorsed by Fuel Oil News’ readers. Andrew Goddard of Morris Lubricants donating heavy duty engine and gear oils to customer Ben Kaye (left) who restores military vehicles. Ben took part in the D-Day commemorations. www.fueloilnews.co.uk The independent voice for the fuel distribution, storage and marketing industry in the UK and Ireland. 4-7 NEWS A compelling solution for off-grid homes; strategic investments; D-Day; new tankers; a very valuable opportunity and fund-raising 9 PORTLAND MARKET REPORT The trade war between the US and China has clearly spooked the markets….and a blockade of the Straits of Hormuz by Iran would send prices sky rocketing 11 ANALYSIS A seismic shift in the way we do business 12 KNOWLEDGE On the road to efficient fuel distribution 13-14 IRISH NEWS Valero Marketing Ireland 15, 18 FPS EXPO 2019 The top attractions 19-2O INSIDE OUT Understanding the Clean Growth Strategy 21, 23, 25 STORAGE MATTERS 26 PRICING PAGE Contact us 01565 653283 www.fueloilnews.co.uk Managing director Nick Smith News desk / Editor Jane Raphael [email protected] Irish News Aine Faherty [email protected] Subscriptions Berni Chetham [email protected] Accounts & copy chasing Berni Chetham [email protected] Annual subscription for the UK & Republic of Ireland is priced at £98 or €113 inc. p&p. Overseas: £115 or €134. Back issues: £8 per copy. Commercial manager Margaret Major [email protected] 2018 D I REC TO RY M A B AV I S I O N Access your trading account online for quick and transparent deal administration 01565 653283 www.fueloilnews.co.uk/category/directory Volume 42 No 7 ISSN 1757-1057 Published by Ashley & Dumville Publishing, Caledonian House, Tatton Street, Knutsford, Cheshire WA16 6AG Credit card payments 01565 653283 THE 2019 DIRECTORY – OUT NOW! Looking for new storage – see your new 2019 Directory Founded in 1977 by James Smith FOR VIEWS AND NEWS ON THE STORAGE INDUSTRY GO TO PAGES 21, 23 AND 25 www.oilterminalmap.co.uk Fuel Oil News | July 2019 3