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NEws – EuROPE<br />
4<br />
Pumps dispense<br />
wrong amount of fuel<br />
in ireland roughly 16 percent of pumps<br />
are dispensing the wrong amount fuel, a<br />
new study commissioned by the AA has<br />
discovered. The survey, conducted at 170<br />
fuel service stations throughout the country,<br />
measured gauges for erroneous readings.<br />
The price at one-sixth of pumps were out<br />
by 1 percent or more, with the acceptable<br />
legal limit for discrepancies set at 0.5 percent<br />
above or below the stated amount. At<br />
current prices a 1 percent mistake over<br />
the charge and amount displayed on the<br />
gauge could cost a motorist up to 1 euro<br />
every time they fill up. in 10 individual<br />
cases the amount charged was 2 percent<br />
wide of the mark. The AA confirmed in<br />
its report that all of the service stations<br />
that underwent testing complied fully<br />
with the rules of the study. it said that<br />
no evidence was found of price-fixing or<br />
tampering, and that most operators were<br />
surprised that their gauges could be wide<br />
of the mark.<br />
Move to save French<br />
rural stations<br />
The French NAA (National Federation<br />
of Crafts Auto) met with the Ministry of<br />
Economy to discuss the establishment of<br />
a plan that ensures the future survival of<br />
rural fuel stations, which are in danger of<br />
closure even though they provide a vital<br />
service in the rural distribution of fuels.<br />
60 percent of people live in towns of less<br />
than 2 000 inhabitants, served mostly by<br />
small stations employing a total of 20 000<br />
people. The FNAA has suggested there<br />
is an immediate need to establish these<br />
stations as public utilities and invest 35<br />
million Euros over three years.<br />
Bulgarian watchdog<br />
clears LukOIL<br />
Bulgaria’s Commission on the Protection<br />
of Competition (CPC) said that the local<br />
unit of Russian oil company luKoil had<br />
not taken illegal advantage of its dominant<br />
position on the fuel retail market. on the<br />
topic of a price-fixing cartel by the four<br />
largest retailers in the country, the watchdog<br />
said that it approved a proposal by the<br />
companies that would fix competition issues.<br />
CPC began an official investigation<br />
into allegations of price-fixing in october<br />
2011, after completing a market analysis<br />
report commissioned in March 2011,<br />
when widespread protests against rising<br />
fuel prices in the country drew thousands<br />
of motorists.<br />
shell introduces premium shell v-Power Nitro+<br />
Shell fuel stations in the Czech republic<br />
have started to offer new premium Shell<br />
V-Power Nitro+ for petrol and diesel engines.<br />
it is the latest generation of fuels to be<br />
created thanks to the long-term technical<br />
partnership with Ferrari team in Grand Prix<br />
racing. Their uniqueness lies in immediate<br />
Repsol offer fast payment systems<br />
“la Caixa” and Repsol are committed to extending<br />
the new contactless payment systems to new<br />
sectors. Repsol has installed PiN pads with this<br />
new technology in 140 service stations across<br />
Barcelona and the Balearic islands, where “la<br />
Caixa” has already issued contactless cards to its<br />
customers. Repsol is the first iBEX35 company<br />
to offer such a particularly attractive system for<br />
No competition hurts Greece<br />
lack of competition in Greece’s oil-refining<br />
industry is costing consumers there more than<br />
$ 1 billion a year, according to a draft internal<br />
report by the international Monetary Fund,<br />
(iMF). one reason, according to the iMF and<br />
other analysts, is a combination of dominant<br />
companies and excessive regulation that stifles<br />
competitors. As an example, the report outlined<br />
a chain of obstacles it says effectively prevent<br />
independent fuel stations from buying fuel<br />
abroad. All importers must have facilities to<br />
hold 60 days of inventory, something beyond<br />
LatEst NEws, EvENts, jOBs ONLINE – www.PEtROLPLaza.COM<br />
effects on engine performance. While Shell<br />
FuelSave was developed to help customers<br />
conserve fuel, Shell V-Power Nitro+ helps to<br />
fully realize the engines full potential. The<br />
Czech Republic is one of the first countries<br />
in the world where these fuels are replacing<br />
existing products.<br />
their busy fuel station network, which welcomes<br />
over one million customers every day. Contactless<br />
technology is considered to be the fastest<br />
method of payment available, converting it into<br />
an efficient alternative to cash. TSecurity is fully<br />
guaranteed and includes all the advantages of<br />
EMV technology (the current chip), as well<br />
as the CaixaProtect guarantee, with which “la<br />
Caixa” protects its customers from the potential<br />
fraudulent use of any of its electronic payment<br />
methods (cards, internet or mobile banking).<br />
in Spain, Repsol markets a wide range of products<br />
across its 3 600 service stations; with over<br />
40 percent of the market share, it is the country’s<br />
leading fuel retailer in this area.<br />
the capability of many smaller businesses. And<br />
fuel can only be transported in large tractortrailer<br />
tankers, though gas stations aren’t<br />
permitted to own vehicles that large. “This<br />
makes it impossible for independent gas stations<br />
to transport fuel into Greece”, the report<br />
says. Greece’s new conservative-led coalition<br />
government, voted into office in June, says<br />
it wants to fix that and is moving to combat<br />
anticompetitive practices in the marketplace.<br />
“A better-functioning fuels market is something<br />
we desire”, said a Government Spokesman.<br />
World’s most carbon efficient energy company<br />
Spanish oil giant Repsol has been named<br />
as the world’s most carbon efficient energy<br />
company in the Climate Disclosure leadership<br />
index, the most renowned index in the<br />
energy industry. 2012 is the third time in the<br />
last five years the company has toped the<br />
list, which surveys 50 of the world’s largest<br />
multinational energy companies, gauging their<br />
impact on the environment. “Repsol is the oil<br />
and gas company most often included in the<br />
CDli since 2006. The CDli is drawn up from<br />
the Carbon Disclosure Project questionnaire<br />
completed by companies which make up the<br />
FTSE Global Equity index Series”, said the<br />
company in a statement. Repsol said that the<br />
elements of the survey on which it won recognition<br />
include its energy efficiency and the<br />
creation of a greenhouse gas emission inventory.<br />
smart cameras greatly reduce fuel thefts<br />
in the uK Automatic Number Plate Recognition<br />
(ANPR) cameras are one of the<br />
tools used to tackle the offence of motorists<br />
driving off without paying for fuel. Figures<br />
obtained show “drive off” incidents fell in<br />
one county of England, from 1 342 in 2010/11<br />
to 759 in 2011/12. The 43 percent drop were<br />
in other places even higher with thefts falling<br />
54 percent. The information of any car<br />
who fails to pay is fed into a central system<br />
which alerts other fuel stations and the<br />
police. ANPR cameras, as they are known<br />
in the uK, record number plates and ‘flag<br />
up’ suspicious or stolen plates.
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