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Industry Newsletter | January 13, 2010 Issue
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Top Story

Top Story   SOCAR implements standardized look for retail networks

SOCAR, the State Oil Company of Azerbaijan, started fuel retailing years ago through their affiliate in the Republic of Georgia, long time before the refiner opened its first outlet in the home country.

Now, SOCAR Energy Georgia, took the initiative and developed a concept for the look and feel to be observed by the retail networks in Georgia, Azerbaijan, Turkey, Ukraine and Angola.

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Latest Industry News

General News

Vignettes for road toll in Bulgaria available as of January 18
Vignettes will be on sale in petrol stations at the border checkpoints and some of the commercial chains as of January 18.
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No date yet for fuel deregulation in Nigeria
The Federal Government informed it has not decided on a date to begin fuel deregulation
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Alternative and Renewable Fuels

  World's first fuel cell ship visits Copenhagen
Can fuel cells and natural gas help reduce emissions from shipping?
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Oil Company News

  Essar, Sasol competing to acquire major stake in Zambias Indeni
India's Essar Group and South Africa's Sasol Limited are among the foreign companies planning to acquire a majority stake in Zambia's state-owned Indeni Petroleum Refinery
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Hanoi plans privatization of state company Petrolimex
Vietnam appears ready to restart its privatisation drive after the government signalled it was preparing to sell two of the largest state-owned enterprises
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Israel Oil Refineries buys Haifa Basic Oils stake
Israel Oil Refineries Ltd. informed it has acquired an extra 24.5% stake in Haifa Basic Oils Ltd. from Paz Oil Co. Ltd. for 59 million shekels ($15.5 million).
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Petrol Stations News

Tunisia: Q8 Oils products popular in North African market
Q8 Oils, an affiliate of Kuwait Petroleum International (KPI) succeeded in marketing its products in the Tunisian market
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122 petrol stations across the UAE switch to metric
A total of 122 petrol stations across the UAE have switched to metric measurements for the sale of fuel
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Convenience Retailing

BP outlets levy customers for credit-card use in New Zealand
At least one Auckland service station has started charging customers wanting to pay for their purchases by credit card
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Equipment Manufacturer News

Murco Petroleum Ltd engages Fairbanks to provide wetstock monitoring and additional services
Fairbanks has announced that following on from the successful re-signing of their contract for BP company owned and dealer sites, the expansion of their MRH contract and securing the Tesco PFS contract all during 2009, they have been engaged by Murco Petroleum Ltd to provide wetstock monitoring, SIR based leak detection and pump calibration audits on their company owned network of 230 sites
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  Franklin Fueling Systems announces the availabilty of the industry's first UL approved E85 compatible submersible turbine pumps
Franklin Fueling Systems is pleased to announce that its submersible turbine pumps (STPs) are now UL listed for use in applications containing ethanol concentrations up to 85 percent, yet another industry-first achievement for the FE Petro brand
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MPSI releases optimization automation to Fuels Pricing application
The optimization process can now be set up to automatically establish and send prices daily based on user specifications
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Loblaw selects Gilbarco FlexPay(tm) EMV CRIND for entire gas bar network
Toronto-based Loblaw Companies Limited will upgrade more than 750 fuel dispensers at 200 locations across Canada with Gilbarco's FlexPay EMV CRIND Card Reader in Dispenser. The new CRIND complies with EuroPay MasterCard Visa (EMV) payment system requirements as it is able handle "chip and PIN" debit and credit cards
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