With oil prices remaining low since late 2014, major changes have been taking place for oil refiners.

We are delighted to have won the 'Transport and Logistics' category in the awards run by Family Business United – an organisation that supports family-owned firms in the UK.

See Rix Petroleum Midlands at the Kenilworth show this weekend (Saturday 6th June) as we return once again as the main sponsor.

We were delighted to deliver something a little extra to our Milwich heating oil syndicate this month in the form of a donation to the village’s community groups.

Big oil companies and their shareholders tend to panic when oil prices plummet and the result is often a splurge of corporate mergers. Indeed, it was the low oil price at the end of the 1990’s, that led Lord Browne (then head of BP) to first merge with Mobil and then buy the American oil giants Amoco and ARCO in quick succession. At about the same time, Exxon bought out the remnants of Mobil, Chevron merged with Texaco and Total gobbled up Elf and PetroFina.

Home heating oil remains popular due to its affordability and availability, as well as the infrequent natural gas networks in many of the rural communities of Great Britain. While you are looking for oil to heat your home, it is important to remember that many suppliers can provide you with the oil you need. Therefore no reason exists to pay a penny higher than the market dictates.

A lucky Montrose resident is enjoying the warm glow of victory after winning 500 litres of heating oil from Rix Petroleum.