Brent crude went up by $1.43 per barrel to $122.00, a 1.20% rise, on Wednesday as Norwegian oil workers planned to strike over pay, putting some North Sea crude output at risk of shutdown. GBP remained just under $1.26 on …
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Is the Russian invasion causing heating oil prices to rise?
Why are oil prices rising? Oil prices have been rising over the last few months and are now the highest since June 2014. The BBC News has shared that Brent Crude Oil is at $113 a barrel: https://www.bbc.co.uk/news/business-60584798 For heating …
Read MoreAn Essential Guide to Oil Heating
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Read MoreRed Diesel Tax Changes from April 2022
The UK Government announced that from the 1st April 2022 the entitlement for most sectors to use red diesel will cease. This means that any business operating outside of these sectors must use fuel that is taxed at the standard …
Read MoreNolan Oils operating new TEX FLOW system
Alpeco’s new system already in operation The end of 2020 saw the culmination of a 3-year development program by Sampi in collaboration with Alpeco Ltd. As a result, Alpeco has announced their brand new TEX FLOW computer which has attained …
Read MoreOFTEC say “Financially stretched rural households can’t afford expensive green technologies”
Heat pumps cost around £10,000 to install which many stretched rural households can’t afford, even with RHI, Green Home Grants or proposed Clean Heat Grants. Cheaper, simpler solutions like renewable liquid fuels are also needed. Source: https://www.linkedin.com/posts/oftec_drivedowncosts-liquidfuelfuture-activity-6699638071652061184-YXzN
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