Latest heating oil news, current kerosene oil costs & prices

Private backing for eco-development

Private backing for eco-development

6 June 2007

An eco-friendly development project in the UK has received private backing and support from local business, welcoming the aims of the scheme and potentially paving the way for similar initiatives in the future.Based at Weardale, a new renewable energy centre will be designed to offer education and i... More

Oil approaches $66

Oil approaches $66

6 June 2007

Oil prices have risen to nearly $66 (£33) this week in light of continued fears over the effect of adverse weather surrounding the Arabian Peninsula.Concerns have arisen that a cyclone in the region may impact upon crude oil output from the Persian Gulf as well as Iran - both of which produce ... More

Cyclone fears push oil higher

Cyclone fears push oil higher

5 June 2007

News that a cyclone was heading toward the Arabian peninsula has led to an increase in oil prices, prompting concern over potential supply disruption and a decline in output from the oil-producing region.Following reports of the cyclone, London Brent crude gained $1.33 to $70.40 (£35) while US ... More

Govt urges action on climate change

Govt urges action on climate change

5 June 2007

The government is urging UK householders to take action on climate change and identify areas in which they can improve energy efficiency, in light of World Environment Day this week.Climate change and environment minister Ian Pearson is recommending that individuals make eco-friendly changes in thei... More

Blair urges action on climate change

Blair urges action on climate change

4 June 2007

Outgoing prime minister Tony Blair has urged world leaders to take immediate action on climate change or risk missing the opportunity to effect positive change, speaking at the G8 summit in Germany.Mr Blair stressed that efforts must be taken to replace the Kyoto agreement, designed to limit carbon ... More

Oil prices fall

Oil prices fall

4 June 2007

Oil prices have fallen below $65 (£32.76) per barrel following international developments that have served to ease ongoing supply concerns.Militant activity in Nigeria has resulted in a reduction in output that has subsequently led to increased prices in recent months. However, the announcement... More

Oil prices rise on US crude decline

Oil prices rise on US crude decline

1 June 2007

Oil prices have seen a surge in prices following the release of a US inventories report showing a decline in crude stocks.Stocks had fallen by more than had previously been expected, with the US energy department reporting a decline of two million barrels to 342.2 million barrels last week.Imports f... More

UK council commits to sustainable energy

UK council commits to sustainable energy

1 June 2007

A local authority in the UK has pledged its commitment to sustainable energy and environmentally friendly energy production through a unique agreement focusing on tackling climate change.East Riding Council is one of the latest in a number of local authorities to commit to the Nottingham Declaration... More

Oil prices down

Oil prices down

31 May 2007

Oil prices have declined slightly ahead of the upcoming US inventories report, which is widely expected to show an increase in crude and gasoline supplies.Figures show that light sweet crude for July delivery fell by 13 cents to it at $63.36 (£30.09) per barrel in Asia, while July Brent crude d... More

Solar power for UK schools

Solar power for UK schools

31 May 2007

An initiative designed to encourage UK schools to adopt solar energy has been launched this month, hoping to promote renewable energy sources and reduce carbon emissions.It is hoped that the Solar4Schools programme will help local schools become greener and more environmentally-friendly, in addition... More

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