Fuel Oil News October 2019 | Page 3

Making an unprecedented effort Expressing the volatile nature of the oil industry, September’s drone attacks on Saudi Arabian facilities saw the oil price have its ‘biggest one-day rise since the 1991 Gulf War’ followed by news the next day that prices had been ‘pushed back down’ with the announcement that Saudi Arabia expected to restore full production soon. Well-known for its resilience in the face of adversity, the oil world has often proven itself to be a well-oiled machine that quickly resolves issues to ensure the world’s wheels continue to turn and fuel the economy. The battles oil now faces – such as climate change – the defining issue of our time – are very different to those of the past when the industry stepped on the gas and produced oil to keep up with world demand. Now that world is changing, the emphasis is firmly on reducing oil’s flow, something that in the words of the UN secretary-general António Guterres ‘will require an unprecedented effort from all sectors of society’.  By the time you are reading this editorial, the UN secretary-general will have had time to ponder on ‘the concrete, realistic plans’ of the leaders who attended last month’s Climate Action Summit in New York, as to how countries are planning to reduce greenhouse gas emissions by 45% over the next decade, and reach net zero emissions by 2050. Taking place ahead of last month’s United Nations Climate Action Summit, the Peoples’ Summit on Climate, Rights and Human Survival called for governments and companies to be held accountable for the phasing out of fossil fuels. On Friday 20th September the global climate strike saw a steadily increasing number of people take action across the UK and beyond, rallying in cities and towns for faster action from our governments and industries. Ruggedised hand and hearing protection, like the Honeywell designed ones shown on this month’s front cover, are a requirement at noisy locations such as this power station, where massive pipes collect and transport steam under high pressure. See page 16. The independent voice for the fuel distribution, storage and marketing industry in the UK and Ireland. 4-5, 7-9 NEWS UKIFDA and a no deal Brexit; Building new relationships with government; People Moves; Geos Group opportunity; Shipping key to the economy; Heritage Mustang; Hybrid HGVs and greener fleets; using virtual reality in the oil and gas industry 11 PORTLAND MARKET REPORT ‘the astonishing growth of renewables – could genuinely be viewed as a 21st century industrial revolution’ 13 Q&A WITH UKIFDA CEO Guy Pulham in conversation 15 IRISH NEWS Motoring on at Murphy Oils 16 KNOWLEDGE Honeywell Industrial Safety 17-18 INSIDE OUT Belgium’s downstream oil sector 19, 21 TRADE & TECHNICAL Taking contol – products & services for an easier life – managing fuel quality, deliveries, ordering and using trigger contracts 22 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] Founded in 1977 by James Smith Published by Ashley & Dumville Publishing, Caledonian House, Tatton Street, Knutsford, Cheshire WA16 6AG Credit card payments 01565 653283 COMING SOON THE 2019 DIRECTORY – OUT NOW! Looking for a new tank? Check out the 2019 Directory 01565 653283 Annual Industry Directory 2019 M A B A S U P P LY ALL THE LATEST TANK NEWS IN THE TSA CONFERENCE REPORT WHO LES ALE FU EL AVAIL AB LE WHENEV ER AND WHER EV ER YO U NEED IT FRO M M ABANAFT Mabanaft_FuelOilNews_Cover2019 AW.indd 1 01/04/2019 13:52:29 www.fueloilnews.co.uk/category/directory Volume 42 No 10 ISSN 1757-1057 Fuel Oil News | October 2019 3