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Belfast & Down Oil Supplies - keeping their customers warm
Tanker strike threat averted
Tanker drivers have voted to accept a deal with seven oil distribution firms following eight days of talks at Acas.
Providence slashes its losses
Providence Resources’ total losses for 2011 were down to €13.94m from €41.6m in 2010.
Oil prices should be falling globally
The world’s leading oil minister believes it’s time that global oil prices began to fall.
UK to fund green trucks
The UK government is putting up £9.5 million to encourage road-haulage operators to buy and use low carbon medium and heavy goods vehicles, and the supporting refuelling infrastructure.
Tullow raise estimates
Tullow Oil, the largest company listed on the Irish stock exchange, raised its estimate of Kenya’s first oil discovery at the Ngamia-1 well after drilling more than halfway to the planned target depth.
Oil prices mixed in Asian trading
New York’s main contract, West Texas Intermediate (WTI) crude for delivery in June was down 13 cents at $97.81 a barrel while Brent North Sea crude for June gained 18 cents to $113.34.
New World Speed Records for Volvo hybrid truck
Volvo’s hybrid truck, ‘Mean Green’, established new world speed records on April 27th at Wendover Airfield in Utah, USA. ‘Mean Green’ achieved the following world record speeds: Flying Kilometre+ –236.577 km/h (147.002 mph) and Standing Kilometre* – 153.252 km/h (95.245 mph).
BP profits drop further
Oil giant BP revealed a dip in profits today as its commitment to sell off billions of pounds of assets in the wake of the Gulf of Mexico disaster hit production.
Total figures not adding up
French oil company Total has reported a 7% fall in its net profits for the first quarter of 2012.
Shell profits improve
Higher oil prices outweighed the impact of lower US gas prices, leading to a forecast-beating 11 per cent rise in profit.
Oil prices rise
Oil prices rose in Asian trade, buoyed by a shutdown of Britain’s largest oil field.
Former BP engineer charged over Deepwater disaster
A former BP engineer has become the first person to face criminal charges in connection with the Deepwater Horizon oil spill in the Gulf of Mexico two years ago.
Noonan blasts FF over fuel reduction calls
Finance Minister Michael Noonan has said Fianna Fáil are living in "economic dreamland" after the party proposed a 5c-per-litre reduction in fuel prices.
Fianna Fail wade into fuel debate
Fianna Fáil is calling for a reduction in the excise duty on petrol and diesel by four cent per litre.
Iveco prepares ultimate fuel saving heavy truck combination
Iveco is preparing what it believes could be the ultimate fuel-saving heavy truck combination for press evaluation, after pairing its ECOSTRALIS 6x2 mid-lift tractor unit with Montracon’s new FST (fuel-saving trailer).
MJ Griffiths Transport chills as FH16-750 fuel figures hit 9 mpg
Temperature controlled distribution and storage specialists M J Griffiths Transport Ltd are achieving around 9mpg “and improving” from their new FH16-750 tractor unit, reports Managing Director Mick Griffiths.
IRHA calls for fuel rebate. Again.
It has emerged that the Government took a staggering €2 billion in excise duty on fuel during 2011.
Fuel shortage fears drove UK economy
Fuel shortage fears drove the biggest increase in British retail sales in more than a year last month.
Oil prices higher in Asian trade
Oil rose in Asian trade as the market cheered a successful Spanish bond sale, but gains were limited by downbeat US economic data.
Diesel companies taking advantage
Filling stations and oil companies have been accused of "naked profiteering" over the price of diesel in the UK.
Proposals agreed to avert UK fuel hauliers strike action
Unite and fuel hauliers have agreed a set of proposals aimed at avoiding potential strike action in the UK.
Providence finance director to step down
Finance director of Providence Resources Philip O’Quigley is to step down from his role, the oil and gas exploration company announced.
Welsh beaches under no threat from grounded vessel
A vessel that grounded on the coast of north Wales has not lost any of the oil unboard.
Countries sign oil deal
India and Qatar have signed a pact to increase cooperation in the field of oil and gas exploration.
IBEC welcome fuel laundering find
Retail Ireland, the IBEC group that represents the retail sector, today welcomed the discovery of a huge illegal fuel laundering plant near Virginia, Co Cavan. The plant had a capacity so large that the State was being deprived of €5m per year in lost revenue.
RHA keen to avoid national emergency
The Road Haulage Association have urged that common sense prevail ahead of the looming fuel strike that looks set to occur.
Providence raises €75m in share sale
Providence Resources has raised an additional $100m (€75m) via a share sale which will help it pay off a further $40m of debt.
Police step in as fuel panic escalates
Police have closed petrol stations in some parts of the UK after drivers rushed to the pumps to fill up over fears of an imminent strike by tanker drivers.
Air1® attending the Commercial Vehicle Show again this year
Air1® will be presenting the latest AdBlue® bulk and packaged products available to the market, and representatives from the Air1® team will be on hand to meet and greet their customers and welcome any questions regarding AdBlue® and its associated packages.
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