Based in Chipping Sodbury, and covering South Gloucestershire, Gloucester, Somerset, and Wiltshire, Sodbury Fuels formed in 2014 when Andy Welch partnered with Mark Nolan, of Nolan Oils, to form a new fuel distribution business. The business has been a huge …
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Government payment to heating oil users will be made via electricity companies
UKIFDA, the trade body for the liquid fuel distribution industry, notes the government announcement this morning confirming that the £100 fixed payment to heating oil users will be made via electricity companies. Through multiple discussions with the government, it became …
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Brent crude increased to $94.4/bbl on Thursday, rallying around 10% this week after OPEC+ agreed to cut output by 2 million barrels per day, around 2% of global supply. GBP declined to $1.118 against USD on Thursday, however is still …
Read MoreIs 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 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 MoreNew 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 MoreCoronavirus Updates
Nolan Oils and Sodbury Fuels also known as Nolan Group, recognises that we are operating in an unprecedented situation. In the light of Covid-19 and efforts around the world to control its spread we are writing to you to inform …
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