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Industry Newsletter | July 14, 2010 Issue

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Latest Industry News

General news

 

Spilt fuel can have dire consequences
Unsafe practices at busy filling stations alarm drivers
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Ban on phones at petrol pump based on 'urban mythology'
It's an urban myth that won't go away: mobile phones and petrol are an explosive combination
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Make a stop at gallery for insightful look at service stations
Roadside service stations are the focus of a quirky art exhibition. Roadside Britain: On the Road is the name of the new exhibition at the Babylon Gallery on Waterside, Ely, UK
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Alternative & renewable fuels

 

JFE Engineering in Japan develops 3-minute EV fast charger
That’s the problem with electric vehicles, when the batteries go flat, they take too long to recharge. Not any more though. A Japanese company known as JFE Engineering have made strong development progress which could see battery charge times slashed from hours to just a few minutes
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Vehicles of progress - gas them up
Europe's tough environmental laws are driving car manufacturers to find cleaner ways of travel. One solution that is becoming popular is compressed natural gas – a cheaper fuel that is less damaging to the environment
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Oil company news

 

Libya bids US billion for Shell assets in 21 African countries
The Libyan company, Oil Libya Holding Company is making a US billion offer to purchase some of the downstream businesses of Shell in Africa, official sources informed in Tripoli, the Libyan capital
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SHELL completes exit from Greek retail arena
Shell and Motor Oil Hellas Corinth Refineries have announced that they have completed the sale of Shell’s downstream assets in Greece. As well as the sale, an agreement for the continued use of the Shell brand in the Greek market by Motor Oil Hellas was signed
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Indian Oil Company eyes rural market to expand its retail network
Foreseeing enhanced competition from private fuel retailers in aftermath of petrol prices decontrol, state-run Indian Oil Corporation Limited (IOC), will adopt a vertical growth plan to expand its retail network. This will be part of its plan to maintain market leadership position in the fuel retailing segment
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Petrol stations news

 

Applegreen creates 300 new jobs
Around 300 new jobs are to be created with the opening of the country's first motorway service areas at three locations
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Russias Gazprom Neft plans the entry to the Bulgarian petrol retail market
Gazprom Neft may set foot at the Bulgarian fuel market, which is now dominated by Lukoil
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Convenience retailing

 

7-Eleven to purchase 14 Virginia petrol stations in US
US convenience chain 7-Eleven has agreed to purchase 14 gasoline stations in Virginia from Quarles Petroleum
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WINN-DIXIE extends SHELL petrol promotion
Winn-Dixie has extended its fuelperks! Rewards programme to 54 stores in New Orleans, Baton Rouge and the Lafayette area. Shoppers can now use their new loyalty cards – which have been redesigned to include a magnetic strip on the back – to earn fuel savings at participating Shell stations
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Equipment manufacturer news

EPoS success at new store: Duffy’s Binfield
Duffy’s selected EPoS and Back Office Management solutions from Indigo Retail at their brand new store. Since opening on the 26th of May, the stores managers are delighted with the robustness, ease of use and reporting functionality of Indigo’s technology solutions
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Tanknology announces new licensee in Turkey
Tanknology Inc. announced that a new licensee in Turkey has recently completed certification training and has begun providing the company’s underground storage tank (UST), line and leak detector testing services throughout the country. Istanbul-based INTERPET is a nearly 20-year-old petroleum equipment distribution and services company, with an extensive presence across Turkey
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KSS to present session on fuels price optimization at EURO XXIV conference
Price optimization and statistical modeling experts from KSS, the pricing experts, will deliver a presentation at the 24th European Conference on Operational Research, EURO XXIV, to be held at the Faculty of Sciences of the University of Lisbon (FCUL) in Lisbon, Portugal, July 11 – 14, 2010. Pricing scientists Barbara Jenkins, Tom Liptrot and David McCaffrey will deliver their paper: “Optimization of Forecourt Fuel Pricing” to the Revenue Management stream segment of the conference
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Brulines announces appointment of Phil Prow as Sales and Marketing Director, Forecourt Division
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 the appointment of Phil Prow as Sales and Marketing Director of the Group’s Petrol Forecourt Division. Phil will report to Phil Maud, Managing Director of Brulines Forecourt Services Division
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