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Industry Newsletter | June 23, 2010 Issue

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Editor's Choice

Picture   Ethanol - the mysterious fuel additive

There’s been a lot of controversy, but ethanol in petrol is here to stay. Holden will have E85-compatible engines here very soon in an attempt to get fuel companies to supply even higher ethanol blends than are currently available. Amid all the anti-ethanol hysteria and fuel-company hype, not very much has ever really been explained about the key differences between the two fuels

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Latest Industry News

General news

 

Government vehicle surveillance database storing 250 journeys for every motorist in UK
The average motorist has the details of 200 of their journeys stored on the Government’s controversial vehicle surveillance database, new figures have shown
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Tas-Helat Marketing Company partners the Kingdom of Saudi Arabia charity campaign for young kidney dialysis patients
Koenraad De Bruyne, Retail Director of Tas-Helat, explained that Tas-Helat has offered excellent marketing locations for this charity campaign on major traffic petrol stations
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Maney Publishing’s Journal of the Month for July 2010 is the Journal of the Energy Institute
The Journal of the Energy Institute is the EI’s official technical journal and has been published by Maney since 2005. The Journal provides peer-reviewed coverage of original high quality research on energy engineering and technology. As ‘Journal of the Month’, three years of Journal of the Energy Institute content will be available to view free of charge, from 1 July to 15 August 2010, on IngentaConnect
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Visa eases up on triple DES deadline in face of ‘Migration Challenges’
Visa Inc. has “relaxed enforcement” of the July 1, 2010, deadline for petroleum retailers to install software that meets the so-called Triple Data Encryption Standard (also called 3DES or TDES) in response to requests from the major oil companies, including ExxonMobil, the card network said in a statement
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Oil company news

 

BP offers US petrol stations for sale
BP has decided to put 114 petrol stations and convenience stores in 22 US states up for sale
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Ghana Oil completes 50 years of operation
GOIL Ghana Limited turned 50 last Monday, having been incorporated as a private limited liability company, AGIP Ghana Company Limited, on June 14 1960 with the objective of marketing petroleum and related products, particularly fuels, liquefied petroleum gas (LPG), lubricants, bitumen and other specialty products in Ghana
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Slovenia energy group plans to invest EUR 428 million in the Balkans
Slovenian energy group Petrol will invest in Slovenia and Southeast European markets a total of EUR 428m by the end of 2014, Petrol chairman Aleksander Svetelsek informed the press in Zagreb. He added that the group would invest EUR 75m in Croatia and employ an additional 300 people there
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Petrol stations news

Call centre coming home to New Zealand
The new owner of Shell's petrol stations is reversing the trend for New Zealand businesses to move call centres offshore, saying it is cheaper to have one here
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NNPC acquires 250 fuel retail outlets
Levi Ajuonuma, Group Public Affairs Manager of Nigerian National Petroleum Commission, NNPC, says the corporation is operating 250 petroleum products retail outlets across the country
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MRS to commence full operation in 625 fuel retail outlets before December
MRS Oil and Gas Limited has said that it would commence full operation of its newly branded 625 retails outlets across the country , which are parts of the filling stations it acquired from Chevron Nigeria Plc, before the end of the year
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Car wash & car care

 

Mark VII acquires Advantek - Opens direct operations in Ontario
Mark VII Equipment Inc., the U.S. subsidiary of WashTec AG of Germany, a leading producer of vehicle washing equipment worldwide, has announced that it has acquired the assets of former PDQ distributor Advantek Inc. and opened direct operations in Toronto, Ontario
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Equipment manufacturer news

Brulines announces agreement to acquire LBI Installations Ltd
Brulines Group plc, the leading provider of real time monitoring systems and data management services for the leisure and forecourt services sectors, is pleased to announce that it has agreed to acquire the issued share capital of LBI Installations Ltd. Completion, subject to satisfactory due diligence, is scheduled for 16 July 2010
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KSS to present session on modeling branded fuels pricing at INFORMS Conference
Price optimization and statistical modeling experts from KSS, the fuels pricing experts, will deliver a presentation at the tenth Annual INFORMS Revenue Management and Pricing Section Conference, to be held at Cornell University in Ithaca, NY, June 16 – 18, 2010
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Blueline Technologies appoints new Business Development Managers
Corresponding with growing global revenues and a scheduled introduction of several exciting new products we have recently made changes in our organization that we believe will help us improve our communication and support to our representative organizations, distributors, contractors and petroleum retail customers. It is the right time to add two new sales positions at Blueline to add focus to our US and Canadian sales and support operations
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CNG fueling equipment from OPW Fueling Components meet parameters of PED directive & ECE R110
OPW Fueling Components, the company that is leading the way in fueling innovation around the world, continues to set the pace in producing fueling equipment that garners a vast number of global approvals
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