Philippine retailer plans continued expansion Sasol
Transcription
Philippine retailer plans continued expansion Sasol
an international retail petroleum news digest Issue No 30 | November / December 2013 ASIA, MIDDLE EAST & AFRICA EDITION www.erpecnews.com Philippine retailer plans continued expansion SEAOIL Philippines, Inc. aims to grow revenues by about a fifth next year through continued retail network expansion. “Our target revenue is about 24 billion Philippine peso(US $ 544,7 million) for 2014. That’s around 20 percent growth versus this year”, said Francis Glenn L. Yu, SEAOIL president and chief executive officer. The main driver of the expected growth is the company’s continuous effort to expand its retail network and the performance of its existing stations. SEAOIL currently has 340 retail stations, around 70 percent of which are franchises while the rest are company-owned. Next year 1.8 billion Philippine peso has been allotted for 120 new retail stations. Sasol markets ultra-clean diesel Sasol has launched the cleanest diesel available in South Africa, with ultra-low sulphur (ULS) content of 10 parts per million (ppm). The fuel, named turbodiesel ULS, is being supplied to franchisees for the same price as regular diesel. However, Sasol’s Retail Manager, Mohamed Carrim, said that the company will not dictate the price consumers would pay because the retail price of diesel was not regulated in the country. “It is superior to 50 ppm so there will be a premium to it. Retailers can choose to add the premium or keep the full retail gate price”, he said. Sasol said the turbodiesel ULS technology reduced fuel consumption on both old and new generation engines and, with its ability to improve acceleration and enhanced detergency, offered better fuel economy for car owners. Fuel payment services via cell phones In Malawi Total has partnered with Airtel to offer customers an opportunity to pay for fuelling services through their mobile phones, using the Airtel Money service at any Total filling station in the country. In June a similar partnership in Kenya was signed between the two companies. The three years business partnership will also allow Malawians to load money on their phones, withdraw and also register as Airtel Money customers at the stations. Airtel plans to work closely with Total to ensure customers are provided with cutting edge products and services across all Total filling stations. ADNOC in new acquisition talks ADNOC Distribution is in talks to take over 24 fuel service stations in Sharjah, building on an initial 2012 agreement with Emirates General Petroleum Corporation (Emarat) to take over 74 sites in the northern emirates said CEO Abdullah Al Dahiri. Speaking to local reporters, Al Dahiri said that negotiations have reached their final stages and ADNOC could re-commission the 24 stations in the first quarter of 2014 if the talks lead to an agreement. The 24 stations had been owned by Dubai-based Enoc before it stopped operating them in mid-2011. “These negotiations are part of our agreement with Emarat in May 2012 to take over 74 petrol stations in Sharjah, Ras Al Khaimah, Ajman, Umm Al Quwain and Fujairah”, he explained. Puma completes bitumen takeover Puma Energy has completed its takeover of Caltex Australia’s bitumen business. The acquisition will complement Puma Energy’s bitumen supply, storage and distribution capacities. Puma has already made significant investment in storage and distribution in Africa, South East Asia and Latin America. Puma has also purchased Caltex’s 50 percent share in an Oxidation plant joint venture partnership with SAMI Bitumen Technologies. erpecnews is published by McLean Communications Ltd. in conjunction with PetrolPlaza – www.erpecnews.com NEWS – EUROPE 2 LATEST NEWS, EVENTS, JOBS ONLINE – WWW.PETROLPLAZA.COM NEWS – MIDDLE EAST, AFRICA & ASIA CREDITS State and Essar oil refinery stalemate Tax payers could be forced to shoulder accu- reports suggest that Essar has demanded mulated liabilities incurred by grounded Kenya that the government clears all outstanding Petroleum Refineries Ltd if India’s Essar arrears including unpaid workers’ dues. The Energy has its way in crucial meetings with India subsidiary is understood to be pushing the government. The two equal partners in for the demands arguing that it will receive the Mombasa-based facility are meeting for 173.36 million Shilling ($ 2 million) less the second time to agree on who between when it finally relinquishes its 50 percent them will shoulder liabilities when Essar exits shareholding than it paid for. The upgrade the refinery after a four year management of the 53-year old refinery’s technology and deal. Among the liabilities is a 21.62 billion capacity refinery was due in 2010. But Essar Shilling ($ 250 million) loan from Standard said in October this year, that it abandoned Chartered Bank to transform KPRL from it after receiving advice from its international a toll to a merchant refinery. Unconfirmed consultant against its commercial viability. European Office com-a-tec GmbH Am Krebsgraben 15 78048 Villingen-Schwenningen Germany Tel + 49 (0) 7721 9830-0 Fax + 49 (0) 7721 9830-70 www.erpecnews.com UK Office McLean Communications Ltd. South Lodge Buildings Westwood Lane Normandy Guildford, GU3 2JE Tel + 44 (0) 1483 810670 Publisher Nick Needs McLean Communications Ltd. nick@erpecnews.com Tel + 44 (0) 7786 607075 Retailers seek oil depot re-opening The Pakistan State Oil Dealers Association retailers greatly. PSO recently announced its has urged the Ministry of Petroleum and results for the first quarter of the 2013–2014 Natural Resources to reopen the Pakistan financial year, which included turnover of State Oil oil depot in Naurang. Members 364 billion rupee ($ 3.37 billion), up from of the association said that the closure of 325 billion rupee during the same period last Naurang Oil Depot in 2008 created troubles year. The Company’s liquid fuel sales grew by for dealers as they were forced to transport 4.3 percent. The Company reported highest diesel and other oil products to other facili- ever quarterly after tax earnings of 7.8 billion ties of Pakistan State Oil, invoking a high rupee, up from 4.3 billion rupee, representing carriage cost. Re-opening the facility will aid a growth of 81 percent. News Editor Stephen Bozdan stephen@erpec.com Tel + 36 30 350 6108 Art Director Ramona Raithel ramona.r@com-a-tec.de Tel + 49 (0) 7721 9830-0 Marketing Manager Sandra Stroppel sandra.s@com-a-tec.de Tel + 49 (0) 7721 9830-0 India refiners recommence Euro payment to Iran Sales Director Stephen Bozdan stephen@erpecnews.com Tel + 36 30 350 6108 Advertising will be accepted in each issue on a limited basis. All requests for advertising should be sent to advertising@erpecnews.com Printed by Printstudio VS GmbH www.printstudio-vs.de is published monthly by McLean Communications Ltd. in conjunction with PetrolPlaza.com and distributed to retail petroleum operations in Europe and the Middle East. McLean Communications Ltd. is the organiser of , the leading business event, held every two years, for Europe’s retail petroleum market. www.erpecnews.com Copyright The views expressed in print are those of the author and do not necessarily represent those of the publisher, McLean Communications Ltd. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by means electronic, mechanical, photocopying, recorded or otherwise without the prior permission of the copyright holder. McLean Communications Ltd. India is likely to resume paying Iran in Euros of sanctions re-opened the Euro channel to after a historic accord between the six global pay for Iranian oil while European Union powers and the Persian Gulf state made it lifted bans on insuring tankers carrying oil easier to import crude oil from one of its from the Persian Gulf state, officials in the biggest suppliers. India will however stick to petroleum ministry and oil companies said. its plans to cut crude oil imports from Iran ‘Our understanding of the agreement is that by over 15 percent to about 11 million tons the payment channel is now clear. We now in the year ending 31 March 2014, as eas- have to sit down with the Iranians to discuss ing of the Western economic sanctions do which bank or country the payments can be not yet allow increased buying. The easing routed from’, an official said. Punjab cracking down on rogue retailers The Punjab State Government has launched check and report about working practices an operation to clamp down on fuel retailers at the sites, while additional commissioninvolved in overcharging, adulteration and ers and magistrates will visit every station short measurement. Industry Secretary Irfan and inquire from the customers about the Ali said that he has issued directives to all price being charged. The Punjab Commisthe commissioners and district coordination sioner’s Office has been assigned to monitor officers of the province for monitoring local the process and submit daily reports. Legal fuel service stations. The officials have been action will be taken against station owners directed to maintain the name and owner’s involved in wrongdoing, with this comnames of the petrol pumps of their respec- municated to the Oil and Gas Regulatory tive districts. Meanwhile, labour officers will Authority (OGRA). BP buys Rural Fuel from founding couple An award-winning business has been purchased by the New Zealand arm of BP. Fuel distribution business Rural Fuel has sold out to BP New Zealand who have owned 49 percent of Rural Fuel since 2007, but will now purchase the balance. BP spokes- man Jonty Mills said Rural Fuel would not be rebranded, would keep its main office in Palmerston North, and retain all 70 staff. Rural Fuel was in a strong position, and BP was not looking to make any major immediate changes, he said. LATEST NEWS, EVENTS, JOBS ONLINE – WWW.PETROLPLAZA.COM 3 NEWS – MIDDLE EAST, AFRICA & ASIA Puma Energy acquires Redan stake Puma Energy has announced the acquisition of a stake in Redan Petroleum. The Head of Media Relations confirmed the transaction in an emailed statement to local media. “We can confirm Puma Energy has bought an equity stake in Redan Petroleum. The Redan management team will continue to run the business as usual”, the statement said. “Puma Energy and Redan have obtained the necessary regulatory approvals.” Initial reports on the deal speculated that Puma would pay between $ 20 million and $ 24 million for a 60 percent shareholding in the firm. Tafadzwa Chigumbu, previous owner, confirmed that authorities had approved the transaction and thanked them for doing so. “We are now focused on growing Redan and participating in the growth of our country”, he remarked. Seaoil introduces reformulated fuels Petroleum company Seaoil Philippines Inc. has reformulated its fuels with additives from STP, giving the fuels better performance-enhancing and enginecleaning capabilities. Seaoil is the first petroleum company in Asia to use fuel additives from STP, one of the world’s most popular fuel and oil additive brands. “Our gasoline products Extreme 97, Extreme 95, Extreme U and our Diesel Exceed are formulated with proprietary frictionbusting formulas that significantly improve engine performance. These are further reinforced with STP additives’ superior capability to remove and control carbon deposits in different areas of the engine. These two features combined deliver racersharp engine performance”, said Francis Glenn Yu, Seaoil President and CEO. The fuels with enhanced formulations are now available at all 340 Seaoil stations nationwide at no extra cost to motorists. Pakistan running out of CNG this Winter The severity of this situation has been highlighted by the decision to shut down all CNG stations in Punjab and the federal capital from November to January. The purpose is to ensure the provision of gas to domestic users, who have in the past suffered severe difficulties through the Winter due to the shortage of fuel, forced at times to cook food on firewood. The number of vehicles using CNG has increased dramatically, because of the cheaper rates and has been heavily promoted as an alternative fuel. 4 SK Innovation wants stake in United Petroleum The refining unit of South Korea’s SK Innovation is bidding for a stake in Australian petrol and convenience store retailer United Petroleum, the company said in a statement to the stock exchange. The privately owned Australian company, which has a value of about A $ 1 billion ($ 936 million) including debt, is said to be exploring a sale or a joint venture. SK Innovation said its unit SK Energy had placed a bid for United Petroleum, but gave no further details. SK’s rival S-Oil has also submitted a non-binding offer for a stake in United Petroleum. The main bidding process was expected to take place in January. DHL and Engen announce retail partnership DHL Express and Engen have signed a retail partnership in a bid to provide customers with better access to global express services. A consumer looking to send documents or parcels overseas can simply walk into an Engen service station to send their shipment, ensuring greater convenience and accessibility to the powerful global network which DHL offers. This includes all domestic and international shipments to major centres across over 220 countries worldwide. The project, which will pilot at four Engen service stations in the Namibian capital Windhoek, will then be rolled out in phases. Lipa na M-Pesa now available at Shell stations Safaricom and Vivo Energy Kenya have partnered to allow Shell fuel station customers to pay for fuel using the new cashless payments platform Lipa na M-Pesa. The Lipa na M-Pesa option will initially be rolled out in more than 95 Shell service stations with the oil marketer ensuring all 117 service stations are covered by end of November 2013. Shell stations in Kenya are operated by Vivo Energy. Who say the service will complement its current cash, Shell card and Visa debit/credit card payment options. “The service will not only be used to pay for fuel, but our customers can also purchase goods at our “Select” convenience stores, be able to pay for lubricants and other services provided at our service stations”, said Polycarp Igathe, Vivo Energy Managing Director. Gazprom’s NGV fuel arrives in Asia-Pacific Alexey Miller, Chairman of the Gazprom pany PVGAZPROM Natural Gas for Vehicles Management Committee and Do Khang became a practical step in implementing the Ninh, Chief Executive Officer of PV Gas agreements previously achieved with the signed in Hanoi the Agreement on setting up Vietnamese authorities on using natural gas a natural gas for vehicles joint venture. The as a vehicle fuel. The documents, among signing ceremony took place in the presence other things, provide for converting public of Russian President Vladimir Putin and transport of Ho Chi Minh City to NGV fuel. Vietnamese President Truong Tan Sang. The The southern part of the Republic of Vietnam creation of the Russian-Vietnamese joint com- will be a starting point for the project. Fuel ‘rip-off’ hot spots in Australia In South Australia the city of Port Lincoln has been identified in a national study as a “fuel rip-off hot spot” with prices going up seven times faster than they come down. A University of New England study reviewed fuel pricing data for 111 locations across the country, identifying 28 hot spots where motorists were more likely to be ripped off at the pump. Large numbers of independent retailers in South Australia could be seen to respond quickly to fluctuations but Port Lincoln was the exception. Too few fuel stops are crisis-ready Gull, New Zealand’s only family owned fully underserved by the oil industry. In May, independent fuel retailer, has announced it Auckland Civil Defence Emergency Managehas equipped four of its Auckland service ment Group (ACDEMG) and the Auckland stations to enable these outlets to operate Engineering Lifelines Group (AELG) updated by using a generator if the electricity supply the Fuel Contingency Plan for Auckland and is cut in a Civil Defence emergency. Dave were disappointed with their own preparedBodger, General Manager of Gull, says that ness. Auckland has over 250 service stations if an emergency strikes and power supplies but only six have generators and would never are cut, the greater Auckland region is woe- cope in an emergency. LATEST NEWS, EVENTS, JOBS ONLINE – WWW.PETROLPLAZA.COM NEWS – EUROPE vfv vfvdfvfdv LATEST NEWS, EVENTS, JOBS ONLINE – WWW.PETROLPLAZA.COM 5 NEWS – MIDDLE EAST, AFRICA & ASIA Z Energy to sign contract with refiner from Korea New Zealand fuel retailer Z Energy plans to buy about 600 million litres, or more than 3.7 million barrels, of petrol and diesel through a South Korean refiner. The contract, which is expected to be formally signed shortly, will come into effect on January 1st and follows a 19-month relationship with the same refiner through an intermediary. Z Energy did not indicate the duration of the term, price details or name of the seller, but said the contract was on better commercial terms than current arrangements. Fuel from the contract will be delivered on roughly a monthly basis into major import terminals around New Zealand, according to a statement. Z Energy produces around 75 percent of its total fuel requirements through New Zealand’s sole 135 000 barrels-per-day refinery at Marsden Point, and imports the rest as refined fuel. Iran names oil companies it wants back Iran has named western oil companies it wants back in its vast oil and gas fields once international sanctions are lifted. The oil minister, Bijan Zanganeh, said contract terms would be offered next April. The seven companies named are: Total of France, Royal Dutch Shell, Italy’s ENI, Norway’s Statoil, Britain’s BP and US companies Exxon Mobil and ConocoPhillips. Iran has the world’s fourth largest proved national reserves of oil – most of it cheap to produce – and is also home to the biggest proved reserves of natural gas, some 18 percent of the global total. Oil companies were thrown out in a nationalisation programme following the 1979 revolution resulting in oil production falling from 55 percent in the 1970s to below 40 percent by 1997. Total returned to onshore fields in 1997 and Shell in 1999, both while Zanganeh was minister and both in defiance of the US sanctions of the time. The sanctions instituted in 2012 have choked out foreign investment and sent output down to 2.65 million barrels a day from an average of 4.3 million in 2011. Iran recently reached an interim deal with six western powers, under which sanctions on oil investment and trade with Iran may be lifted next year. Speaking at an Opec meeting, Zanganeh said he was already talking with some companies, although so far not those from the US. 6 Seaoil Philippines to double share of market market at four percent. Seaoil expects to end the year with revenues growing by over 20 percent to 20 billion Philippine peso on the back of increased fuel sales and a wider retail network. This would put the company on track to hitting 50 billion Philippine peso in sales in three years, Yu added. From last years’ 340 fuelling stations, the company is looking to end this year with 370 and add 100 yearly to reach 700–800 in 2016. About Seaoil aims to corner a tenth of the retail mar ket in three years. “We continue to expand our three-thirds of the company’s fuel stations are network of stations along with an increase franchises. “We are poised to take advantage in organic growth, meaning the sales of our of an increase in sales volume because of the existing stations are now better so we’re seeing investment we made over the last several the impact of that reflect on our bottom line”, years”, Yu said. The company is spending Seaoil President Glenn Yu informed. The about 1.2 billion Philippine peso in capital company estimates its share of the domestic expenditures each year, according to Yu. 81 fuel stations to be closed In Nigeria a panel of enquiry into matters relating to the development of fuel retail outlets in Ondo State has recommended that 81 stations be sealed off, noting that a further 311 others were established illegally. The panel of inquiry began in April with the mandate to determine the appropriateness of the location of fuelling stations, interface with owners on approval and make recommendations to the government. While the report identified 68 stations as appropriately located, it said, “136 are to receive minor adjustments while 34 others will be converted for other uses.” Kuwait eyes multipurpose stations in Vietnam State-run Kuwait Petroleum International (KPI) and its Vietnamese and Japanese partners of a joint refinery and petrochemical project are working on a retail business plan in Vietnam, which could introduce multipurpose fuel stations, KPI CEO Bakheet Al-Rashidi said. “We are currently in the stage of finalizing a share agreement with our joint venture partners, mainly PetroVietnam and Japan’s Idemitsu Kosan Company. At time being, we have a plan to launch a new style of retail stations with such facilities as restaurant and restroom, so that people can visit retail stations not only for fuelling, but also for enjoying other facilities. This is a new development in Vietnam.” Petronas promotes responsible use of energy Petronas has created the country’s first energy- some sweets afterwards. But now, there’s efficient stations called the Petronas Twin more to fuel stations than meets the eye”, Stations. Both (Petronas Solaris Putra and says Akbar. Seated in the Starbucks outlet Petronas Solaris Serdang) have been a hit at a station (which has a drive-thru service), since their inception late last year and look set he explains that it’s not quite apt to call these to start a trend for future stations. Petronas “green” stations. “Being green means there Dagangan Bhd head of retail business divi- are specific conditions and criteria that have sions Akbar Md Thayoob remembers those to be met. This is more about being energyservice stations that comprised only a fuel efficient since we are using energy optimally”, tank and its dispenser. “My parents would says Akbar, before adding jokingly: “Our logo fill up the tank and occasionally I would get is green, though!” Oil companies at crossroads over retail outlets In India Oil marketing companies (OMCs) have sought a review of the petroleum and natural gas ministry’s December 2012 order that they can’t invest in fuel retail outlets. Investment can only be made by prospective dealers. “In all major cities, OMCs are facing problems, as real estate prices are going up and land owners do not want to renew their leases. If this diktat comes in place, it will multiply our problems”, said a senior official from Hindustan Petroleum Corporation Limited. To date the order has not been implemented because of the opposition by OMCs and the ministry is still deliberating on the issue. LATEST NEWS, EVENTS, JOBS ONLINE – WWW.PETROLPLAZA.COM NEWS – MIDDLE EAST, AFRICA & ASIA Domestic oil consumption up in Pakistan The domestic oil and petroleum products consumption in Pakistan clocked in at 1.6 million tons in October, six percent higher against October 2012 off-take of 1.5 million tons. Demand growth was led by 18 percent higher furnace oil off-take on the back of higher power generation and five percent higher motor gasoline (Mogas) sales amid higher CNG station closures due to gas outages. However, high-speed diesel (HSD) demand declined by four percent due to Eid holidays in October. Overall, Pakistan oil and petroleum products consumption is up by 10 percent to 7.1 million tons in the first four months of the current fiscal year. Pakistan State Oil (PSO) and Attock Petroleum Limited (APL) shared the spoils in October sales print with volumetric sales growth clocking in at 11 percent apiece. On a monthly basis, sales for PSO and APL declined by one percent and two percent, respectively. Royal Dutch Shell plc supports rebuilding efforts in the central Philippines. The donation from the Shell Group will be used for rebuilding and rehabilitation efforts in the areas badly hit by typhoon Haiyan, as a way of providing long-term assistance for the affected communities. Shell companies in the Philippines (SciP) Country Chairman Edgar Chua said, “The extensive loss of lives and damage to property brought about by Haiyan has again Royal Dutch Shell plc (the “Shell Group”) mobilised the local and international comhas donated US $ 2.5 million, in response to munity to assist in relief and rehabilitation the catastrophic typhoon Haiyan that struck efforts providing hope for survivors to rebuild the Philippines causing massive destruction their lives. Emarat cuts purchases after selling stations UAE fuel retailer Emarat plans is to cut its fuel ment in May last year for ADNOC to take over purchases nearly in half next year following the Emarat pump stations in the poorer emirates of transfer of some of its stations to Abu Dhabi Sharjah, Umm Al Quwain, Fujairah and Ras National Oil Company (ADNOC). Emarat Al Khaimah. Gulf Arab countries heavily subwill likely cut its fuel requirements from sidize fuels as a social benefit, but this leaves 1.2 million tonnes to about 600 000 next year fuel retailers not linked to large oil producers which will reduce losses by about 40 percent. like ADNOC taking billion dollar losses sellEmarat and ADNOC signed an initial agree- ing fuel at well below their acquisition cost. Flying filling stations above Afghanistan High above Afghanistan, NATO airwaves shriek, crackle and hum aboard a US Air Force re-fuelling sortie over Afghanistan’s border with Pakistan. One after another, fighter jets connect to the KC-135 Stratotanker to guzzle 5 000 lb (2 300 kg) of fuel before returning to their patrols below. American officials say the round-the-clock re-fuelling missions allow the F16s and A-10 Warthogs to reach any point in Afghanistan within a few minutes. The crew calls their tanker a “flying gas station.” A dozen of these sorties depart daily from the Manas airbase outside Bishkek, in Kyrgyzstan, accounting for about 30 percent of the total re-fuelling missions over Afghanistan. For that, the American base spends over $ 200 million on jet fuel a year mostly paid to a subsidiary of Gazprom. Esso targets major growth with E20 Esso has set a growth target of 4–5 percent for next year, powered by the introduction of E20 fuel to the market. The company achieved estimated growth of 3 percent for 2013, according to their Retail Sales Manager. He remarked that the figure was dampened by a weak domestic economy and the lack of E20 availability at fuel service stations. “Growth in the energy sector is tied to overall economic growth. With the domestic economy showing signs of improvement, Esso expects to grow along with it. E20 presents the highest growth area”, he added. Demand for E20, Sutatham said, has tripled in recent years and is expected to double again, positioning the Esso brand for greater success. “Esso has been slow to launch E20 fuel due to the company’s time-consuming quality control process. Despite that, we’re sure it will be as good – if not better – than that of our competitors”, he remarked. TOTAL recharges in South Africa France’s Total SA has invested further in South Africa awarding of a $ 200 million solar power plant project to SunPower, in which the French oil giant owns a 65 per cent stake. The deal is expected to close mid-next year, with California-based photovoltaic manufacturer SunPower eyeing the start of construction for the South African plant during the second half of 2014, with completion slated for mid-2015. Puma fuels Muan International In Botswana, Puma Energy’s aviation services team has marked another achievement, refuelling the first Boeing 757 to land at Muan International Airport. “The main problems faced were not fuelling but logistical and we were determined to show all that Maun Airport as a whole could manage an aircraft of this size”, said Mer v yn Palmer, Puma Energy’s Refuelling Agent, adding “This was our first refueling and it went without a glitch”. The operation was aided by the commissioning earlier this year of a new storage and refuelling facility that has enhanced capacityy. Storage capacity is an impressive 206 and 176 cubic metres for Jet A-1 and Avgas respectively. Puma Energy operates in four of Botswana’s airports: Sir Seretse Khama International Airport in Gaborone, Maun, Francistown and Kasane. The company recently refuelled a range of unscheduled international flights that had been diverted to the the Sir Seretse Khama International Airport from OR Tambo due to bad weather conditions. Emarat renews terminal contract with ENOC Emirates General Petroleum Corporation “Emarat” has renewed the lease contract of Emoil’s Petroleum Storage FZCO in Jebel Ali, to Emirates National Petroleum Company Limited “ENOC”, for the year 2014. Emoil was established as a joint venture between Emarat, BP Global Investments Ltd. and Trafigura Beheer BV at a total investment of US $ 32 million. Emarat owns the largest share in Emoil and handles its management and operations. The company’ built on an area of 47 000 square metres in Jebel Ali Free Zone, the facility includes nine storage tanks of varying capacities for blending and storing high quality gasoline products with a total capacity of 203 000 cubic metres. Emoil is currently developing its facilities. LATEST NEWS, EVENTS, JOBS ONLINE – WWW.PETROLPLAZA.COM 7 NEWS – EUROPE NIS wants 25 stations in Bucharest NIS Petrol Romania, indirectly controlled by Russian group Gazprom, plans to have between 20 and 25 fuelling stations in Bucharest and its surrounding regions by end-2015. The company also plans to increase the number of stations in Romania to 120 by the end of 2015, said Vadim Smirnov, general manager of NIS Petrol Romania. NIS Petrol Romania is the subsidiary of Serbian company NIS, controlled by Gazprom. The company opened its first station in Romania last year and currently operates 13 local units. On the Romanian fuel distribution market, NIS Petrol competes with companies such as OMV Petrom, Rompetrol and LUKOIL. Neste & DB Schenker agree distribution deal DB Schenker and Neste Oil have agreed a domestic and international distribution contract covering Russia and the Ukraine as well as the domestic Finnish market. The deal will see Neste’s lubrication oils, greases and car care products transported by Schenker, a global logistics firm, while around 5 000 pallets of products will be stored at the company’s warehouse in Nurmijärvi, Finland. Prior to this agreement, DB Schenker signed a deal with Neste Oil Russia to store imported products at a site in Saint Petersburg. “We wanted a reliable, environmentally-conscious, safe company to support us in growing our businesses in selected markets. DB Schenker is now part of our operations in our two key markets”, remarked Neste Oil’s Head of Lubricants and Packed Products, Tero Järvinen. “We believe our journey together has only just begun and that our cooperation will deepen and expand as time goes on.” Virsi-A becomes a local BP partner Virsi-A, the largest Latvian based fuel retailer, has become an official partner of BP, the company has announced. Under the new cooperation agreement, persons with BP international cards will be able to pay for their purchases at Virsi-A fuel service stations throughout Latvia. BP cards can be used in 33 European countries over a network of 18 000 stations. Virsi-A currently operates 44 fuel stations throughout Latvia. The company reported turnover of 70.6 million Latvian lats for 2012 and profit of 775 000 Latvian lats, representing 14 percent growth on 2012. 8 Shell’s technical partnership with Ferrari fuels Shell recently celebrated the extraordinary partnership with Ferrari with a high profile event in Abu Dhabi attended by ADNOC, Ministry of Energy among others. Shell’s partnership with Ferrari is one of the most successful technical partnerships in Formula One history. Speaking at the event, Andrew Vaughan, Shell Vice President for Abu Dhabi, Kuwait and Syria and Country Chairman of Abu Dhabi, said: “Tonight we are celebrating one of our most successful partnerships. We are proud that this partnership and shared passion for performance has contributed to shaping the development of fuel and lubricant technology globally, both on and off the track. Our partnership with Ferrari provides Shell with the ultimate test bed for innovation and Shell scientists ensure that any technological advantage developed for Ferrari is passed directly to the motorist on the road. It is through partnerships such as this one that Shell continues to demonstrate its commitment to the future of energy and on-going investments that advance technology and make it available to the industries that rely on transportation to fuel their growth.” Shell’s Formula One project team continues to grow, with more than 50 Shell technical staff now contributing to the development programme with Ferrari. These team members work together around the world in Shell laboratories and facilities, at all the racetracks of the Formula One World Championship as well as at the Scuderia Ferrari headquarter in Maranello. Many of the Shell scientists who develop products for Scuderia Ferrari are also working on their road-going equivalents. The most obvious example of this is Shell Helix Ultra engine oils – which owes a large part of their development to the Formula One programme. This enables Shell customers to enjoy a fuel and motor oil developed for the pinnacle of motorsport. Alternatives to oil becoming increasingly viable Oil and gasoline heat our homes and power our vehicles, with industry giants like ExxonMobil quickly coming to mind. However, there are alternatives to oil that are increasingly becoming viable options. There’s good reason to like ExxonMobil beyond the fact that over 19 000 of its fuel stations dot the globe. For example, it’s among the largest companies in the world, with an over $ 380 billion market cap, and it has consistently rewarded investors via stock buybacks and steadily rising dividends. In the second quarter alone Ex xonMobil bought back $ 4 billion worth of shares. Its dividend was 11 percent above year ago levels, too. And ExxonMobil is much more than just an oil company. For example, it is also among the world’s largest chemical companies and, after the $ 31 billion purchase of XTO Energy at the turn of the decade, it is a major natural gas player. XTO was, at that point, the largest independent producer of natural gas in the United States. So ExxonMobil isn’t sitting still, making a big shift into a market it expects to expand by 25 percent over the next three decades or so in the United States. While a great deal of that demand is going to come from electricity generation, that’s not the only thing natural gas is used for. For example, Clean Energy Fuels is in the process of building a natural gas fuel station network. Compared to ExxonMobil, $ 1 billion market cap Clean Energy is a pipsqueak. However, this tiny company is getting out in front of a key industry shift. It already has a notable business providing natural gas to local fleet vehicles like buses, taxis, and garbage trucks. And, although the switch is only in its infancy, Clean Energy has built out a network of natural gas stations on the interstate highway system to serve long-haul trucks. That investment has kept the red ink flowing, but Clean Energy Fuels thinks adoption will be quick in this potentially $ 25 billion market. For example, about 60 percent of all garbage truck purchases in 2013 are expected to be powered by natural gas. Although less than 1 percent of long-haul trucks sold in 2013 are likely to be powered by natural gas, Clean Energy Fuels expects that to increase to 35 percent in just four years. It will be there to provide the fuel. LUKOIL deploys POS solutions in Europe NCR Corporation has announced that it is supplying its latest point of sale (POS) software and hardware to LUKOIL. The solution will be deployed at more than 170 fuel service stations in Belgium by the end of the year, while the company is also updating legacy POS equipment in 400 sites across the Czech Republic, Poland, Slovakia, Hungary and Lux- embourg. According to NCR, the companies are aiming to deploy an agile, flexible method of improving customers’ shopping experiences, facilitate cross-functional promotions and reward customers for their loyalty. The NCR is being provided as a Software as a Service (SaaS) solution, the companies revealed in a statement. LATEST NEWS, EVENTS, JOBS ONLINE – WWW.PETROLPLAZA.COM NEWS – MIDDLE EAST, AFRICA & ASIA LATEST NEWS, EVENTS, JOBS ONLINE – WWW.PETROLPLAZA.COM 9 NEWS – EUROPE Rompetrol allows payments for motoways Rompetrol Downstream has announced that customers are now able to pay fees for use of Romania’s road and motorway network in its stations. 130 fuel service stations nationwide can accept the payment, including four outlets on the Bucharest – Constanta highway. The company has developed a tool on its website, www.rompetrol.ro to allow customers to identify the nearest station offering the service, and the best walking routes. Rompetrol has also developed an application, compatible with both Android and IOS, that allows for easy navigation of the company’s network and which highlights recent improvements and changes to the design of its stations. Couche-Tard’s new fuel brand boost sales A new fuel brand and a sharing of best practices between its European and North American assets added up to net earnings growing 26.8 percent for Alimentation Couche-Tard, President Alain Bouchard has reported. Saying also “results for the second quarter were very strong confirming the trend from the 1st quarter, especially in Europe where our fuel brand “miles” and fresh-food initiatives continue to deliver.” Winter diesel additive for Rompetrol OMV Petrom promises investments of over 1 billion In Romania OMV Petrom intends to invest over 1 billion lei in Dambovita County from 2013 to 2016, the company’s Exploration and Production Manager Gabriel Selischi has said. “The Dambovita County is the cradle of oil and natural gas production in Romania, together with Prahova County. We have here an important infrastructure, with 1 300 der- ricks and 13 stations that sell the products. We also have a significant investment programme. Compared to the years 2008–2013, when we invested some 900 million lei, from now on we want to increase this programme, and, over the next three years, from 2013 to 2016, we want to invest more than 1 billion lei in the county”, said Selischi. Jet marks anniversary with free fuel draw In the UK Jet has announced a new draw offering motorists the change to win £ 5 000 worth of fuel as part of celebrations to mark the brand’s 60th anniversary in 2014. The 1954 Free Prize Draw will run in hundreds of Jet stations until December 20, allowing customers who buy £ 30 of fuel or more to enter the prize draw. In total, Jet will give away 14 JetCards pre-loaded with £ 5 000 of fuel. “2014 marks our diamond anniversary – 60 years since Jet opened its first fuel forecourt in the UK. This is a real milestone for us as a company and an achievement that we are very proud of”, said Pete George, Managing Director of Phillips 66 UK & Ireland Marketing. “We wanted to mark six decades of Jet forecourts fuelling local communities throughout the UK and thank our customers for their continued support. But it’s also a way of thanking our dealers and demonstrates Jet’s commitment to driving up forecourt footfall for our network.” Hellenic sales up on improved tourism An increase in tourism has been credited with improved fuel sales for Hellenic Petroleum, which reported positive third quarter results. The company, which posted third quarter net income of 70 million Euros (up from 2 million in the same period last year), also said that optimisation of the Elefsina refinery and improved operational performance across the company’s businesses helped it overcome a challenging international refining environment. Earnings before interest, tax, depreciation and amortisation rose to 123 million from 75 million. The performance of Hellenic refineries is constantly improving, with the yield of high value products ranking among the top in the European refining sector, highlighting the competitiveness of their asset base, following the significant investments of the 2007–2012 period. Sales to international markets are consistently increasing, enhancing export orientation and the marketing division has made significant contributions to profitability. Hellenic focus on improving its competitiveness continues to produce significant tangible benefits, with increased contribution versus previous quarters and a positive effect on performance across their activities. Asda plans stand-alone fuel retail drive Rompetrol has announced that its fuel retail network is now selling diesel with a special additive for greater Winter performance, Efix and EfixS Winter Diesel. The enhanced Diesel is available in Romania, Bulgaria, Moldova and Georgia. The additives are designed to ensure proper functioning of engine performance under conditions of low temperatures up to minus 26 degrees Celsius, by lowering viscosity and thus reducing deposits in filters. In a statement, the company highlighted that consumers could easily identif y fuel service stations offering the fuel on www.rompetrol.ro. Rompetrol operates a network of over 1 100 fuel service stations in Romania, France, Spain, Georgia, Bulgaria, Moldova, and the Ukraine. 10 Asda has revealed plans to establish 100 stand- three stations will enable it to break into parts of alone fuel service stations throughout the UK as the UK where its market share is low. Through part of a strategy to extend its reach to custom- the construction of sites, and the extension of ers. Announcing its third quarter results, the its Click & Collect to over 1 000 locations by company revealed that growing the stand-alone 2018, the retailer aims to boost its reach from fuel retail business from its current footprint of 53 percent of the UK population to 70 percent. MOL prepares to sell stake in INA The board of Hungary’s MOL has authorised preparations for the sale of its stake in Croatian fuel firm INA. In a statement to the Budapest Stock Exchange, the company said that the management has been “asked to conclude such an agreement with the Croatian government that can lead to value creation through the execution of INA’s growth strategy. The board is also authorised to start the preparations for the sale of MOL’s stake in INA in order to be able to maximize the value of its investment”, added MOL. Recent talks concerning the management of INA, in which Croatia’s Government also holds a significant stake, have not been fruitful. Croatia’s Government has been seeking to reorganise the management of the company. However recent meetings have shown significant differences between the parties MOL owns 49.1 percent of INA’s shares, while the Croatian state holds 44.84 percent. LATEST NEWS, EVENTS, JOBS ONLINE – WWW.PETROLPLAZA.COM LATEST NEWS, EVENTS, JOBS ONLINE – WWW.PETROLPLAZA.COM 11 NEWS – EUROPE Open day for UNITI expo exhibitors Cepsa to buy Coastal Energy UNITI expo organisers have now officially announced the date for their exhibitor pre event briefing as being January 28th 2014. Nick Needs, Managing Director of McLean Communications, responsible for the international visitor marketing of UNITI expo, said “This important day is designed to give exhibitors a better appreciation of the venue, local services and the Stuttgart exhibition complex, prior to them participating in the event next June. Many companies taking part have never exhibited in Stuttgart before, or even visited the city, so information is at a premium for exhibitors wishing to maximise the potential of this extremely important trade fair. UNITI expo takes place in Stuttgart, Germany, from 3–5 June 2014. It is a three day international exhibition for manufacturers, distributors, installers, retailers, PMCs and commercial operators of petroleum equipment, petrol forecourt services & retail technology. The fair will expand over three exhibition halls to featuring exhibits on; Forecourt Equipment & Services, Retail Technology, Shop & Convenience Retailing, Car wash & Car care, Payment & Automation, Fuel Logistics, Lubricants, Fuels and Additives. UNITI expo will also host the 2014 ‘Future of Forecourts’ Forum, an established international mainline conference, attracting senior executives from major petrol retailers, oil companies, government agencies and major associations from all over Europe. Dieselor Ltd celebrates 10 years anniversary Rosneft, ENI agree oil supply deal Rosneft and ENI will sign an agreement on mutual supplies of oil to their European refineries, Rosneft Chief Executive Igor Sechin has said. “We will sign a document on mutual oil supplies, we will supply to refineries with ENI’s ownership and they will supply our refineries”, Sechin said. Sechin said under the terms of the deal, Rosneft would supply 1 million tonnes of oil to ENI’s refineries, while Eni would supply 400 000 tonnes. 12 Coastal Energy Co said it has agreed to be acquired by Spanish oil firm Cepsa for about $ 2.3 billion including debt, in a deal that would increase Cepsa’s exploration and production capabilities in Southeast Asia. Cepsa will create a new entity for the purchase in which investment firm Strategic Resources Global Ltd (SRG) is an investor. Under the deal, Cepsa will pay $ 19 per Coastal Energy Dieselor Ltd celebrates 10 years anniversary Bulgarian company Dieselor has been in operation for 10 years in retail fuels and wholesale deliveries. On the occasion of the 10th birthday the company opened two new fuel stations at key locations in Bulgaria which display a completely new look. The company are committed to offering high-quality products and services and use the the guiding principle ‘Put yourself in your customer’s shoes.’ Recent features include the addition of shops, with a wide range of goods and a café and soon car share in cash, a premium of 28 percent to the closing price of the stock on Monday on the Toronto Stock Exchange. The deal, which is expected to close in the first quarter of 2014, will be funded by Cepsa’s and SRG’s available financial resources. Coastal Energy is an international exploration and production company with principal assets in Thailand and Malaysia. wash facilities. Moreover motorists are able to familiarize themselves with TopDiesel high quality diesel, created for the specific needs of diesel vehicles. Independent garages allowed to defer tax payments In the UK ministers are being urged to allow thousands of independent fuel station owners to change the way they pay millions of pounds of fuel duty in a bid to protect Britain’s smaller forecourts. Currently, smaller forecourts have to pay the full amount when a tanker delivers its load. However, the Petrol R etailers’ Association (PRA) claims oil companies and supermarkets can defer duty payments for up to 28 days. Some 1 000 forecourts have closed over the past five years, with just 9 000 left in the UK, compared with 37 500 in 1970. Almost all new sites given planning permission in the UK are supermarket fuelling stations. Government sources fear that unless the independent sector is given more financial freedom, Britain’s road fuel security could be threatened. ENI demands $ 10 billion from Statoil in arbitration Italian energy firm ENI is demanding 60 bil- Russia’s Gazprom and Algeria’s Sonatrach, lion Norwegian crowns ($10.1 billion) from its key suppliers, and Statoil was the most Statoil claiming it overcharged for natural difficult party. The dispute stems from a gas over several years. ENI announced 1997 supply agreement that ties natural gas in August that it had started arbitration prices to oil. Gas prices have fallen sharply proceedings against Statoil to secure a sig- across Europe in recent years due to a slum nificant price cut. ENI said in August that in demand, forcing many firms to idle gas it had already concluded negotiations with fired power stations. MFG signs supply agreement in the UK with Jet Jet. Jim Mulheran, MFG’s Fuels Director said: “There were already two stations operating under the Jet brand when we acquired the MFG business in December 2011. This new agreement covers nine of our stations with total annual fuel sales approaching 25 million litres. We have moved to Jet on these stations because it enables us to better meet the market needs and customer profile in these locations. Jet gives us a brand and market positioning Top 50 Indies forecourt operator, Motor Fuel Group (MFG) has announced the signing of alternative that is very useful when operating a new multi-site fuel supply agreement with a growing network of nationwide stations.” LATEST NEWS, EVENTS, JOBS ONLINE – WWW.PETROLPLAZA.COM NEWS – EUROPE Something for Independent operators to cheer! Big global oil companies own less than a third ers poised to capitalise”, said Simon Galway, of Europe’s fuelling stations as they shift CBRE Executive Director for global corporate focus from retail operations to more profit- services. The retreat, which mirrors a sell-off able exploration and production, according by oil majors in European refining operations, to global real estate adviser CBRE. Shell, has been most pronounced in developing BP, Total, Chevron and ExxonMobil together countries such as the Czech Republic and owned 32 percent of fuelling stations in Bulgaria. Independent retailers’ market share, Europe in 2012, compared with 43 percent meanwhile, has risen to 20 percent from 16 in 2007. CBRE expects the trend to continue. percent as they have bought stations from the “We envisage that major oil companies will majors. The total number of fuelling stations continue to optimise downstream real estate in Europe declined from 137 099 in 2007 to portfolios as they separate retail and produc- 132 526 in 2012, a fall of 3.3 percent, accordtion activities, with independent fuel retail- ing to data from Datamonitor. Petroman helps Hammond retain petrol So pleased was major independent garage operator George Hammond PLC with the Petroman Vapour Management Control (VMC) system’s ability to save it money that it has decided to install the equipment in all its new developments. The company estimates its stock losses due to vapour loss have reduced by 0.15 percent since installing the Petroman VMC system, saving the company thousands of pounds a year. The three elements of the Petroman VMC system combine to retain as much petrol vapour as possible on the forecourt and turn it back into saleable product, instead of returning it via the vapour recovery hose to the delivery tanker. The George Hammond group’s retail arm incorporates seven forecourts under the BP brand with combined annual fuel sales of 48 million litres per annum. UK fuel price comparison signs given go-ahead The government will begin trialling motorway signs that show the cost of fuel at stations along a driver’s route. Motorists will be able to see fuel prices of upcoming service stops in the direction of travel, allowing them to bypass particularly expensive stations for cheaper alternatives. The move comes in the wake of an Office of Fair Trading investigation in 2012 that found motor- way service stations were on average 7.5 pence more expensive than off-motorway forecourts. That may not sound like much, but filling up a 60-litre tank would cost you an additional £ 4.50 every time. The report did admit the cost of running a motorway service station was higher, but it argued it was unfair that drivers have to drive all the way in to check fuel prices. Tokheim at Le Mans 24 hours Since 1955, Tokheim has supplied fuel dispens- ance race means that a pit-stop requires more ing and storage solutions to the world renowned focus on wear and tear as well as fuel. The Bugatti Circuit. Some of the biggest names average time it takes to complete one is around in the auto-industry – including Audi, BMW, 35 seconds, adding 10 seconds or so when there Mercedes, Peugeot and Ferrari – have stormed is a driver change. Fuel is dispensed at speed to victory utilising Tokheim’s refuelling solutions. using 50 litre “air tanks” which are rested by a The preparation of Tokheim’s equipment begins gravitational fuelling method. There are a total after winter, well in advance of the new season. of 80 “air tanks” across the pit-lanes. Flexible 8 huge tanks, consisting of 56 compartments couplings are connected to the distribution supply 225 000 litres of fuel during the race. At system and ensure a faster and safer fuelling Le Mans the unique conditions of an endur- experience for the pit-stop crews. EBRD sells remaining stake in Romania’s Petrom The European Bank for Reconstruction and Development has sold its remaining 1.6 percent stake in Romanian oil and gas group Petrom, which is majority owned by Austria’s OMV. “The sale represented the remainder of the Bank’s holding, with the EBRD having exited partially from its holding in November 2012”, EBRD said. Raiffeisen Capital & Investment S.A. and Wood & Company acted as joint book runners on the placement. The EBRD became a shareholder of Petrom in 2004 to support the company’s privatisation, with a holding of about 2 percent. “Our exit is proof of Romania’s attractiveness to institutional investors. This exit forms part of the EBRD’s on-going portfolio management, the bank remains fully committed to Romania”,Eric Rasmussen, EBRD Director for natural resources said. LATEST NEWS, EVENTS, JOBS ONLINE – WWW.PETROLPLAZA.COM 13 PRODUCT NEWS All text on this page is submitted and written by suppliers. Please email product news to editor@erpecnews.com Christ modernizes car wash technology Christ have introduced a new car washing system that uses the sun’s power to heat the wash water using solar panels, effectively harnessing free energy. If the solar energy is not sufficient, a new generation, oil-fired condensing boiler, comes into operation. This new system reduces the consumption of electricity, water, detergent and salt and provides a particularly shiny result. Tokheim installs LPG dispenser with media Tokheim and Flogas have partnered to install the UK’s first ever LPG dispenser with an integrated media display in model. Mark Clark, regional sales manager for FlogasBritain, says, “The commercial case for Autogas LPG is growing ever more compelling, thanks to evidence highlighting that vehicles running on Autogas LPG boast lower carbon than petrol cars. Flogas supports this pioneering project, reinforcing our established reputation as an energy partner not just an LPG provider, showcasing just what an adaptable, future-friendly fuel LPG is.” Scheidt & Bachmann congratulate LCC Following the successful introduction of Scheidt & Bachmann Clou dispensers with integrated Bank Note Acceptor (BNA) earlier this year to the Lissan Coal Company (LCC) network of sites in Northern Ireland, Scheidt & Bachmann congratulate LCC for winning the prestigious, ‘Station of the Year’ award, for their site in Belfast, Northern Ireland, during the recent APEA Awards ceremony held in the UK. For Scheidt & Bachmann it is an honour to have equipped the ‘Fuel Station Of The Year’ with outdoor payment solutions. Cree offers greater energy savings Cree, Inc. has announced further performance upgrades to the LEDway® Road Series LED Street Light. These energy-efficient luminaires, available in several versions and tailored to specific applications, make ideal replacements for outdated high pressure sodium and metal halide fixtures. Offering up to 20 percent additional energy savings and increased lumen output compared to the previous LEDway Series, they reduce operating costs while providing the same illumination performance. 14 Amscreen launches digital menu board solution Amscreen Digital Solutions are deploying a network of digital menu boards within 250 Shell fuel stations across the UK. Amscreen are using their 40" digital screens to bring a new dimension to deli menus and product promotions. The full HD LCD digital menu boards from Amscreen are being connected in a horizontal format to create large, engaging displays with the aim of increasing sales and customer engagement. The content is automatically synchronised to span the width of the whole digital menu board and acts as a completely unified, dynamic display. The digital menu boards simply require a single plug socket per screen and operate over mobile phone networks, therefore no IT infrastructure or Internet is required at all. Content can be sent to screens instantly via the cloud and allows companies to immediately respond to price changes or competitor activity. Ingenico strengthens its fuel offering Ingenico, has announced it has achieved ATEX certification for its range of wireless payment terminal to bring easy and safe payment mobility in flammable gas environments such as fuelling stations. With the ATEX certification, Ingenico now brings the benefits of mobility to the petrol players thanks to its pocket size design and multi communication capabilities that will improve security and customer experience at the station, especially in emerging markets such as Africa, Middle East, Latin America or Asia. “This ATEX certification is a significant step forward in our petrol market strategy. This demonstrates our capacity to deploy mobile solutions in new areas such as the petrol and gas environment. Our petrol market customers and partners can now benefit seamlessly from our ultra-mobile, safe, secure and innovative wireless solutions” declared Guillaume Pascal, VP of Global Solutions Product Management and Marketing at Ingenico. Ingenico is a leading provider of payment solutions, with over 20 million terminals deployed in more than 125 countries. Fibrelite specified by NIS Gazprom Neft Fibrelite’s vacuum testable fibreglass sumps and 25 ton rated composite covers have been specified by NIS Gazprom Neft in Romania to be used across their Romanian network. Fibrelite’s high quality one-piece moulded tank sumps have a smooth finish for easy handling during installation. Designed and manufactured to withstand high groundwater pressure after installation for the lifetime of the site, Fibrelite’s range of fully conductive chambers and covers provided the perfect solution for NIS Gazprom Neft. The large chamber of Fibrelite sumps provides a clear and easy working space when installing pipework and ancillary equipment. This large operating space is also useful for when maintenance has to be carried out within the chamber. Maxol introduces new look motor oil In Ireland, Maxol Lubricants, part of The Maxol Group, unveiled a new motor oil range for the retail market. The range reflects the new look of the Maxol brand and introduces new labels and symbols that make choosing the correct motor oil easier. Symbols on each product clearly indicate whether the motor oil is for petrol or diesel engines, or both and that it meets ACEA (European Automobile Manufacturers’ Association) standards. The label also displays a list of vehicles for which use of the oil is recommended. Quite simply, if your vehicle manufacturer is on the label then this is the motor oil for you. This is the most significant addition to the design as it helps motorists avoid the guesswork completely. At the beginning of the year Maxol unveiled a new brand and forecourt brand identity and the new look motor oil range marks the company’s continued rejuvenation of the brand across the Group as a whole. Nautical control s ystems sign Asian distributor Nautical Control Solutions LP (NCS) has signed marine fuel management systems consultant, Mustang Technologies, to sell and support its FuelTrax system in Southeast Asia. Mustang Technologies CEO Charles Kathrein said that, despite low rates and high fuel costs in the shipping industry, the Southeast Asian offshore support vessel (OSV) sector is growing rapidly. “Oil majors who charter OSV’s are increasingly requesting greater transparency. FuelTrax collects the required bunkering and fuel consumption data without human intervention and the FuelNet reporting tool provides web access to bunkering and fuel consumption activities for all stakeholders.” LATEST NEWS, EVENTS, JOBS ONLINE – WWW.PETROLPLAZA.COM All text on this page is submitted and written by suppliers. Please email product news to editor@erpecnews.com PRODUCT NEWS Great success for Nupigeco & Nupi Americas Berrys MIDAS wins awards for ‘Innovation and Quality’ At the recent PEI Show in Atlanta Nupi Americas & Nupigeco efficiently demonstrated their complete SMARTFLEX pipe and fitting system and successfully launched their new light welding unit and transition fittings. Also on display was their huge range of containment sumps which are available bare or pre-assembled and piped ready for placement and connection upon arrival on site. In its first year of release the MIDAS from Berrys has scooped two top awards at the British Petroleum Equipment Industry’s APEA awards. MIDAS wins the APEA Innovation award and the APEA Quality award. MIDAS units can be fitted to above or below ground filling points on each bulk fuel storage tank at fuelling stations. The MIDAS unit identifies the fuel being delivered and if correct opens the valve to allow the filling operation to continue; if incorrect the valve remains closed and an audible and visual alarm alerts the driver to the mistake, before a potentially expensive mis-fuel event can occur. Fuelmatics and Husky develop fuel pumping robot At last month’s 2013 PEI Convention at the NACS Show in Atlanta, the Husky Corporation’s booth played host to a robotic fuel attendant called the Fuelmatics Automatic Refueling System (ARS) that the company is developing in collaboration with Stockholm-based Fuelmatics Systems AB. The Fuelmatics ARS isn’t much to look at. At first glance, it seems to be a fuel pump on a track that somebody forgot to install hoses on. That’s because it’s designed so the customer doesn’t have to do anything. The robotic ARS handles all of the fuelling operation and the customer doesn’t even have to open the window. Unfortunately, the ARS still does not clean windscreens, check the oil, or tell you the best way to get back to the main road. New fuel service from Audi connect Audi is helping its customers save money when refuelling. For all A3 variants and most other models, Audi connect now features an online service dubbed Fuel prices, which provides information on up-to-date prices at fuelling stations. With the aid of an online database the service lists the cheapest fuelling stations at the current location, the destination or at any other location. For the first time real-time information from the German government’s Market Transparency Unit is also integrated. The driver can sort the list by price or distance and also have the information read aloud using the text-to-speech function. A few clicks are all it takes to set the selected filling station as a navigation destination. RE-Tech UK launches EyeCap Technology company RE-Tech UK, has launched a unique and advanced electronic fuel cap device ‘EyeCap’ which is being rolled out nationally to counteract the ever expanding war on fuel theft. If the EyeCap is tampered with or removed from the tank, or even when it senses a puncture in the tank, a real time signal is sent monitoring the date, time, duration and location. These details can be filtered through any tracking system with the functionality to report such events, which can, in turn, trigger an alarm, CCTV, in-cab buzzers and/or even issue text/email alerts to a mobile phone or inbox. The tracking and CCTV aspect of the EyeCap is also vital for stamping out fuel theft by employees, as it could tell you whether the theft occurred whilst the driver should have been in the vehicle, or whether it would have been unmanned at that point. EyeCap can be specifically designed with a certain fleet in mind so that the cap is a perfect fit for vehicles, and the effects are tailored to customer needs. x KSS Fuels changes name to Kalibrate Technologies KSS Fuels has changed its name to Kalibrate Technologies to better reflect the broadened scope of the intelligence solutions it offers clients in the petroleum retail and convenience store industry. “The key to petroleum retail success lies in understanding your market and customers and calibrating your business to full-fill their needs and demands”, said Bob Stein, President and Chief Executive Officer. “As our new name suggests, this is what we do. We provide petroleum retailers with intelligence tools, software and services to analyse their operating data as the basis for defining and managing strategies to deliver on performance goals.” Zeppini Ecoflex have successful PEI Zeppini Ecoflex report good business following their sixth appearance at the recent PEI Show in Atlanta, Georgia. Major releases of the year featured their Oil and Water Separator, Super Flow, received a great reception in the national market, as did their ZPL-400 LED Lighting. Zeppini Ecoflex also claim to be ahead of the market when it comes to biofuels showing solutions that aroused a great deal of interest particularly from International visitors. LATEST NEWS, EVENTS, JOBS ONLINE – WWW.PETROLPLAZA.COM 15 ITALY – SPECIAL FEATURE “Ro me may not have been built in a day” but Graham Hunt, Senior Organiser of the Italian trade fair, Oil&nonoil The famous quote, ‘Rome wasn’t built in a day’, comes from a 16th century French proverb and relates to the many achievements of the Roman Empire, transpiring over a great number of years. It is about time being an important factor in any work we do, citing that man has to toil continuously for long periods to accomplish any great task. In life, if we try to finish any job too quickly, the proverb suggests, that we will almost certainly fail! For petrol station operators in Rome and indeed the rest of Italy, it seems ironic that four centuries on, their countrymen, or in modern day terms, their customers, can only share with each other a vision of how things might be in the future, whilst they wait for change to happen. With too many petrol stations in 16 the market, a high percentage of which need modernising, Italy is falling behind the rest of Europe, when it comes to bringing its petrol stations into the twenty first century. Harsh words maybe, but all the same, it is the truth. It was to an Englishman strangely enough, that I turned to, in search of more information about the Italian market and some answers as to why Italy seems to have been left behind in putting the vital development programmes in place, needed to upgrade many of its service stations. Graham Hunt, senior organiser of the Italian trade fair, Oil&nonoil first came to Rome over twenty years ago. In1992 he worked on Italy’s first petroleum retailing exhibition, Non solo Carburante, which translated into English means, ‘Not only fuel’. With so few Italian petrol retailers still not even having a shop of any description, I asked Graham what is happening, or should I say what is not happening in Italy that makes it so different? He said “When I first came to Italy, it was a very exciting time to be involved in petrol retailing. Everything was about the future, and the exhibition I had the privilege to work on reflected all the changes which were about to take place. Car washes, shops, new technology. It was all there for the taking at that time and the support we had from the retailers was exceptional. However looking back twenty years to what we thought would happen in the future, I must say that expectations have completely changed. Retail petroleum operators in Italy now face a completely new set of challenges, especially considering the fact that we are now dealing with decreasing markets for traditional fuels, just like anywhere else in Europe. The focus of attention must now be moved towards new alternatives like biofuels, LPG and natural gas”. I mentioned to Graham that the use of LPG and more recently CNG is very popular in Italy right now. He continued, “Gas has always been an important fuel here, with 30 percent of all new car registrations being represented by gas powered modes. But whilst LPG continues to perform well, natural gas (CNG), a relative newcomer to the market, faces severe logistical issues. The challenge here is trying to create a comprehensive network of fuel stations up and down the country, allowing drivers to be LATEST NEWS, EVENTS, JOBS ONLINE – WWW.PETROLPLAZA.COM ITALY – SPECIAL FEATURE fuel retailing in Ita ly needs to cha nge fast! by Nick Needs able to fill up their fuel tanks wherever they happen to be. It’s the chicken and egg thing. Retailers do not want to invest in a natural gas station until there are enough cars on the road needing this particular fuel and the car manufacturers don’t want to sell natural gas powered cars until there are enough fuel stations to support them.” Whilst doing a bit of my own research, I discovered that the Italian government has done much to encourage new car buyers to go for gas. It is offering up to 3 500 Euros to people choosing an LPG or CNG vehicle, with an additional bonus of 1 500 Euros offered to those agreeing to scrap a car older than ten years to buy a less polluting model. A point worth mentioning is that the LPG incentives helped the Italian authorities to reduce CO2 emissions to about 138 g / km last March, representing a 7 g / km improvement on the same month the year before and putting Italy squarely on the right path for reaching its CO2 emission targets set by the EU. Despite the different theories on what is right for the Italian retail petroleum market at the moment, most people agree on one thing: There a far too many petrol stations in Italy and thousands will have to be closed. Graham told to me that in European circles, Italy is considered an anomaly and added “Today there are 23 000 petrol stations in Italy, down from 30 000 twenty years ago, but the market leaders are still saying there must be a huge shake up. With over twice the number of petrol stations in place, compared to countries sharing a similar population, like the UK, service stations are coming under intense pressure to make a decent profit, especially considering the recent increases in the price of fuel and the decrease in fuel consumption. Whilst there is a great deal of investment being made by the major oil companies to create state of the art petrol stations in Italy, the sector wants at least 5 000 sites gone, if possible, by tomorrow". When we look around the world at the more traditional ways for improving the profitability of a petrol station, like a shop selling non fuel products, for example, we come up against another problem in Italy. This starts with the fact that in the Italian language there is no direct translation for the term ‘Convenience Store’. The concept doesn’t even exist and so it is a little difficult to get things going on the shop front without even having a concept that people understand. Graham comments, "Italians have a way of buying things which is different to other countries and is the main reason why the shop as such has been so long in growing into the alternative profit centre that it is elsewhere in the world. Whether things will change or not, who knows, but what I can say is that something needs to happen very quickly, because of the uphill struggle the sector is already facing in trying to make petrol stations in Italy profitable enterprises once again”. On looking at the numbers a little closer, it must be said that a turnaround in the near future looks unlikely. Less than a third of service stations in Italy feature a shop. The low proportion, say the authorities, is a result of retail regulations promoting the opening of small to medium-sized stores in town centres. This they say is limiting the growth of large format stores, leading to an increase of small unsophisticated shops. In this scenario, the petrol forecourt holds less potential for opening up a convenience type store on site. However, the large retailers are now looking to overcome regulatory hurdles and are considering service stations as a potential growth channel. For example Carrefour has teamed up with Agip for the opening of Carrefour Express stores across Agip’s fuel retail network and retailer’s consortium, Retitalia has recently acquired 66 sites from Esso. Also, with new legislation, passed in parliament last year, aimed at improving competition, certain trading laws have been relaxed to help petrol forecourt operators develop their businesses. Dealers can now buy up to 50 percent of their oil demand on the open market and are no longer tied to exclusive agreements. They can also sell food, drinks, newspapers and cigarettes, which presumably they could not do before. So it’s not all bad news for the former Roman Empire, but in terms of making a quick comeback on the forecourt, Italy may have a little longer to wait! LATEST NEWS, EVENTS, JOBS ONLINE – WWW.PETROLPLAZA.COM 17 NEWS FROM RUSSIA & CIS SOCAR claims 40 per- LUKOIL quarterly profit beats estimates LUKOIL has said profit fell 11.5 percent in 3.5 percent to $ 36.7 billion. LUKOIL’s $ 2.05 cent of CNG market The State Oil Company of Azerbaijan (SOCAR) has said next year they are going to give preference to stations offering compressed natural gas (CNG). They plan to open about 3 to 4 traditional fuel stations, while the number of CNG stations will be about 15. Currently the Company has 10 CNG stations in Georgia and another 10 such stations are going to open by the end of 2013. As a result, the CNG station net will reach 35 stations before the end of 2014. In total the fuel station network in Georgia will exceed 130 stations consisting mostly of combined fuel sales of petrol, diesel and CNG. Cabinet breaks agreement with LUKOIL the third quarter as gains on lower tax the previous year weren’t repeated. Net income declined to $ 3.11 billion from $ 3.51 billion a year earlier, the Moscow-based company said in a statement on its website. That beat the $ 3.03 billion average estimate of eight analysts surveyed by Bloomberg. Sales gained billion purchase of regional producer Samara Nafta from Hess Corp. in April helped the company reverse output declines in Russia dating to 2009. Production is set to extend gains as LUKOIL starts commercial output in Iraq by the end of this year or start of next year. WOG outlines development plans The WOG fuel station network CEO Sergey Koretsky has outlined development plans for the company, including an increase in its retail market share. Speaking at the Conference on Petroleum Ukraine 2013, Koretsky revealed that the company turnover will reach $3bn for 2013 on sales of 2 million tonnes of petroleum products. The total number of fuel service stations, he added, will be 500 at year end. “Our plans are very ambitious. In three or four years, we intend to increase their share of retail sales of petroleum products by 30 percent. To do this we need to do a great job of filling our network, but we are ready for it”, said Koretsky. In 2014, the company plans to open 100 stations and develop related services, including a network of restaurants. WOG also intends to launch an updated and improved brand loyalty programme, while also switching to LED lighting in its fuel service stations. The Cabinet of Ministers of Ukraine have broken an agreement between the state enterprise “Chernomorneftegaz” and the Russian oil and gas company “LUKOIL” on joint exploration and production of oil and Veteran emerging markets investor Mark the state-controlled Russian oil major. The natural gas in the Black Sea. At the moment, Mobius has sold his fund’s stake in Russia’s Franklin Templeton emerging markets group “Chernomorneftegaz” is independently en- TNK-BP Holding, walking away from his has more than $1 billion invested in Rusgaged in the exploration and production of attempt to get a better buyout deal from sian equities. Rosneft bought TNK-BP for hydrocarbons in Odesa and Bezimenne fields. the firm’s new owner, Rosneft. Yet Mobius, $55 billion in March, but did not offer equal manager of Templeton’s Emerging Markets terms to minority investors who own about Fund, is not pulling out of Russia entirely 5 percent of TNK-BP’s listed unit, now called after a bruising exchange between minority RN Holding, raising concerns over Russia’s shareholders and Igor Sechin, the boss of corporate governance standards. The Azerbaijan Tariff Council have made an historic decision raising the retail price of petrol for the first time above the dollar mark, reaching $ 1.02 per litre, approving a request from the The Rosneft board has approved deals to sell as much as $ 1.77 billion from the Black Sea State Oil Company of Azerbaijan (SOCAR) to oil product cargoes to BP worth more than port of Tuapse. It will sell up to 2 million do so. The increase in prices was preceded by $ 6 billion, on top of a previous deal to sell oil metric tons of fuel oil to BP worth as much an active propaganda campaign. SOCAR stated worth $ 5.3 billion. The state-owned company as $ 1.62 billion from the Baltic port of Ustthat it cannot cover the domestic demand for said in a filing that it would sell up to 3.2 mil- Luga and up to 60 000 metric tons of naphtha fuel, which is growing 10–15 percent a year. lion metric tons of fuel oil to BP Singapore worth $ 65 million from Tuapse. BP raised its As the company does not have enough local worth as much as $ 2.6 billion from the Far stake in Rosneft to nearly 20 percent as part of crude it must refine petrol partly from imports East ports of Nakhodka or Vanino between the Russian oil major’s $ 55 billion takeover of from Kazakhstan. The rise in fuel prices by November 2013 and December 2014 with a TNK-BP that was completed in March. Last 17–23 percent is going to lead to further in- possibility to lift it in 2015. Rosneft has not month, BP signed deals to buy $ 5.3 billion of creases in consumer goods. The road transport disclosed the timeframe for other deals, but oil from Rosneft. Trade sources have also said will inevitably have to increase tariffs for urban a source familiar with the agreements, said that BP was working on becoming the first oil passenger transport. Some experts, including the deliveries should be fulfilled over the next major with a long-term deal to buy seaborne members of parliament, predict that this decision 12 or 13 months. Rosneft will also sell up to crude from Rosneft, after some trading houses will lead to higher food prices by 70–80 percent. 1.44 million metric tons of diesel to BP worth this year secured large volumes. Templeton’s Mobius sells TNK-BP holding stake Azerbaijan fuel price rise – historic decision Rosneft in $ 6 billion deal to supply BP 18 LATEST RUSSIA NEWS – WWW.PETROLPLAZA.COM All text on this page is submitted and written by suppliers. Please email product news to editor@erpecnews.com PRODUCT NEWS 3– 5 June 2014 xxx Stuttgart, Germany xxx The European event nobody wants to miss! UNITI expo is the first event in Europe, targeting all aspects of the retail petroleum and fuel handling business. More focused, more comprehensive and bigger than any other show in the European market, UNITI expo has been created with the full support of the industry’s major suppliers. Exhibitors and visitors to UNITI expo will benefit from 35,000 square meters of exhibition and conference space The world’s leading suppliers on show International seminars Simple in and out access to the exhibition An international airport on site Sponsored lunches and free directory Complimentary admission For more information visit www.uniti-expo.com For International exhibition space enquiries contact uniti-expo@com-a-tec.de or call +49 7721 98 30 0 Visitor pre-registration available from January 2014 at www.uniti-expo.com Organised by UNITI-Kraftstoff GmbH in association with com-a-tec GmbH, McLean Communications Ltd, stolte consult and WDM Werte Dialog Management Supported by Cooperation partners LATEST NEWS, EVENTS, JOBS ONLINE – WWW.PETROLPLAZA.COM 19 NEWS ALTERNATIVEFUEL NEWS xxx 20 xxx LATEST ALTERNATIVE FUEL NEWS – WWW.PETROLPLAZA.COM ALTERNATIVEFUEL NEWS NEWS Toyota ‘shows off’ hydrogen fuel cell car Toyota is promising a mass-produced fuel cell car by 2015 in the latest ambitious push to go green by an industry long skeptical about the super-clean technology that runs on hydrogen. Satoshi Ogiso, the Toyota Motor Corp. executive in charge of fuel cells, said the vehicle is not just for leasing to officials and celebrities but will be an everyday car for ordinary consumers, widely available at dealers. A Toyota FCV (Fuel Cell Vehicle) concept car was recently displayed at the Tokyo Motor Show 2013 as a “concept” model called FCV. Government backs new biofuel chemistry project France’s Government has thrown its support behind Deinove, a technological company which designs, develops and markets industrial processes based on Deinococci bacteria, selecting the company’s plant chemistry development programme for use by the Energy Management Agency (ADEME) and the General Investment Commission. Under a new programme, Deinochem, the company aim to produce a new generation of chemical compounds which can be substituted for those which are traditionally petro-sourced. These new compounds will be made from non-food biomass such as wheat straw, corn stover and cobs, energy crops and industrial and urban waste to make second-generation biofuel. The Government is supporting the project with 6 million Euros in funding. “This is one of the highest levels of financial backing ever granted in plant chemistry from the government. Our country has clearly placed biotechnologies at the heart of its industrial innovation programme”, said Deinove CEO Emmanuel Petiot. EU Imposes Biodiesel Duties on Argentina, Indonesia The European Commission has announced that it will impose punitive duties on imports of biodiesel from Argentina and Indonesia for the next five years after concluding that producers there were selling into the bloc at unfairly low prices. The duties will be set at an average of 24.6 percent for biodiesel from Argentina and 18.9 percent from Indonesia. EU member states voted to support the Commission view, which found that Argentine and Indonesian producers dumped their products to the detriment of European manufacturers. According to the Commission, Argentine and Indonesian companies benefited from artificially low raw material prices because of high export taxes imposed on soya beans and soybean oil by Argentina and on palm oil by Indonesia. Argentina and Indonesia together represent 90 percent of EU biodiesel imports. Their share of the EU market rose to 22 percent in 2011 from 9 percent in 2009. Japanese hydrogen JV for Air Liquide French industrial gases company Air Liquide years. Fuel cells generate electricity from the is teaming up with a Toyota subsidiary to build conversion of hydrogen into water, thus proa network of fuelling stations for fuel-cell ducing no pollution, but a network of service electric vehicles in Japan. Plan calls for 100 stations offering hydrogen must be created. stations between four major Japanese cities Air Liquide will handle production, storage within two years. With fuel-cell vehicles and distribution of hydrogen, and said it has expected to reach the consumer market in already built more than 60 hydrogen fuelling 2015, Air Liquide said it and Toyota Tsusho stations for fuel cell vehicles throughout the will create a new company to build 100 fuel- world. Toyota Tsusho handles the energyling stations in and along major highways related business of the Toyota Group, which between four major Japanese cities within two includes the carmaker. Les Mousquetaires announces new biodiesel plant Les Mousquetaires, a French retail firm, has fat, which will come from both its own brand opened what it says is France’s first plant pro- and other independent slaughterhouses, in the ducing biodiesel from non-edible waste. The production of the fuel. Mousquetaires Direccompany has opened the facility in partnership tor Christophe Bonno said that the process with German biomass processors Saria Group. will produce 96 tonnes of biodiesel from 100 The 40 million project is located in an industrial tonnes of feedstock and our goal is to produce area of Le Harve port. Estener will use animal 75 000 tonnes of biodiesel a year. ChargePoint invests for massive EV adoption In the US ChargePoint has teamed up with Key Equipment Finance, one of the nation’s largest bank-held equipment finance companies and an affiliate of KeyCorp, to spur mass electric vehicle (EV) adoption throughout the country. The two companies have launched a $100 million lease-to-own program for EV charging stations that will give small and medium sized companies and municipalities the opportunity to install EV chargers at no upfront cost. According to ChargePoint, this is the first comprehensive, turn-key program that allows for pay-as-you-go financing of charging stations, installation costs, operational services and warranty. Agencies join UK Hydrogen fuel project In the UK the Greater London Authority, Welsh Government, and Transport Scotland have all joined the UK H2Mobility project. This project aims to promote the use of hydrogen fuel cells in the transportation sector and has been responsible for the building of new hydrogen fuel stations in the United Kingdom. The UK has a keen interest in clean transportation because it can help the country reach its emissions reduction goals. The three new partners of H2Mobility will aid in the project’s various endeavours. Each new member will play a role in the planning, development, and research of hydrogen fuel and how it can be used in transportation. One of the primary goals of the project is to develop a comprehensive hydrogen fuel infrastructure throughout the United Kingdom. Dor Alon buy gas to make fuel Israel’s Dor Alon Gas Technologies Ltd. Has said that it has signed an agreement to buy natural gas. Dor Alon Gas Technologies Ltd., a unit of Dor Alon Energy in Israel, said it would buy $ 85 million in natural gas over the next seven years from Israel’s offshore Tamar natural gas field. Converting natural gas into fuel will cost consumers less than petrol. The natural-gas based fuel, which has been approved by the transportation ministry, is also less harmful to the environment, according to the company, but requires drivers to spend about $ 2 000 to convert their vehicle to this new fuel. LATEST ALTERNATIVE FUEL NEWS – WWW.PETROLPLAZA.COM 21 USA NEWS QuikTrip promising “big changes” Kroger announces investment in Dallas Kroger Co. will invest $ 150 million in north Texas to fuel a store-building spree including five new Marketplace stores and three other store expansions. Kroger also said it would expand fuel facilities and renovate existing stores in the Dallas-Fort Worth market. The growth initiative will create more than 1 700 full- and part-time career QuikTrip has promised “big changes” as the company nears its 700th outlet. The fuel and convenience retailer is expanding its headquarters to better serve its growing store base. QuikTrip has broken ground on an 80 000 square-foot expansion to its Tulsa headquarters, with ambitions including the opening of a 700th store sometime in 2014 and a more aggressive move into food and beverages, according to company spokesman Mike Thornbrugh. “The competition A new app developed by Department of Energy now is not between convenience stores. It’s (DoE) makes finding fuelling stops easy and big-box, it’s fast-feeders, it’s coffee”, Thorn- journeys easier to plan. Just knowing the app brugh said and in the next six months and exists could encourage hesitant drivers to few years you will see some big changes at consider an alt fuel car, which in turn could QuikTrip. “Hopefully you come to QuikTrip, fuel demand for more stations. The National you need gas, you’re thirsty or you’re hungry”, Renewable Energy Laboratory (NREL) recently Thornbrugh said, explaining the company’s unveiled the iPhone app where users can strategy. “The stomach portion is where we’re looking to expand.” QuikTrip now has a footprint in 11 markets across nine states and 674 stores in all. One of the top fuel-card companies in the U.S. for commercial vehicle fleets, FleetCor Technologies (FLT), has been buying up local fuel-card networks outside the country to fuel its own growth. Most of the TC CEO T homas M. O’Br ien said he company’s revenue comes from its payment expects they will open new LNG service network and card processing services for stations during the first half of 2014 with commercial and government fleets, tied to one in Pennsylvania, one or two in Texas and two or three in California. Both Travel Centers and Shell expect to ultimately have a nationwide network of 200 LNG filling Perhaps there is no clearer sign that Manhatstations. In July 2012 both announced their tan space has reached a high premium rates intent to work together and later hammered than the continuing disappearance of gasoline out a final agreement. stations at main intersections. Spurred by the recession and now the recovery’s development clamour, service stations popular among New York cabbies and motorists are literally losing their ground to apartments, stores and offices. Rezoning of these sites for residential use has 7-Eleven’s experiment with compressed natural gas has been such a success that also spurred development. Their diminishing the company plans to offer the fuel at other locations. “I can’t identify the locations, but we’re sufficiently encouraged to do more of it”, said Jim Brown, CEO of 7-Eleven Stores, CITGO Petroleum Corp. is giving its retailers which owns the 7-Eleven locations in the and marketers the opportunity to purchase Oklahoma City area. “At the time we did it, Bennett Pacific Series dispensers, fully we weren’t excited about what we were see- imaged with CITGO’s Centennial Image ing as far as consumer demand”, he said. “I graphics, at an exclusive negotiated price on wouldn’t have anticipated that it would have all orders placed before 31st December 2014. been so well received here. But now that it has, Special pricing is also available for Big Fueler we see an opportunity there, especially given Ultra High Flow Diesel dispensers and Big the way the product is priced in the market.” Fueler dispensers with diesel exhaust fluid. opportunities. New Marketplace stores and fuel centres are scheduled to be built in the Texas towns of Forney (opening in 2014) as well as Bartonville, North Richmond Hills, Lewisville and Granbury (all expected to open in 2015). Kroger Signature stores in Flower Mound, Irving and Rockwell are all to be expanded. iPhone app for alternative fuel choose the alternative fuel they need, whether electricity, natural gas, biodiesel, E85, propane or hydrogen, the app will display the 20 closest stations within a 30-mile radius. Users can also view the stations on a map or as a list. They can click on any of the stations to receive additional information including directions, contact information and hours of operation. FleetCor fuels its own growth Travel Centers announce LNG locations drivers’ fuel purchases. After an acquisition, FleetCor turns up the throttle by transferring the new accounts to its platform and in doing so it can introduce new services and sometimes raise pricing. Six to 12 months down the road, the acquisitions typically drive per-share earnings higher than analysts’ expectations. Manhattan’s disappearing fuel stations 7-Eleven planning more CNG stations numbers have rankled city motorists and taxi drivers whose memories of long lines at gas stations after Hurricane Sandy remain fresh a year later. Others worry that high rises are relentlessly displacing essential fixtures of the city’s streetscape, like hospitals, churches and schools. But these sites, whose oddball shapes and suburban style always made an unusual fit in New York’s grid, offer developers can’t-miss opportunities in a land-starved city. CITGO offers special pricing on upgrades 22 LATEST USA NEWS – WWW.PETROLPLAZA.COM The Bennett Pump Co.’s Bennett Pacific Series is an attractive dispenser because it is payment card industry-approved; compatible with CITGO-approved point-of-sale systems; energy efficient, providing savings in electricity costs; and features a 5.7-inch display with LED backlighting for optimal visibility in all lighting conditions, according to CITGO. 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