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
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2018 D I REC TO RY
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Volume 42 No 7
ISSN 1757-1057
Published by
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Fuel Oil News | July 2019 3