BHPetrol to invest RM 50 million a year Shell closes 20 ... - ErpecNews
BHPetrol to invest RM 50 million a year Shell closes 20 ... - ErpecNews BHPetrol to invest RM 50 million a year Shell closes 20 ... - ErpecNews
NewS – eUROPe 10 NFc-based mobile payments system Russian mobile operator MTS has launched an instant mobile payments system based on Near Field Communications (NFC) technology. The service will allow users to pay for fuel in petrol stations of Russian company Lukoil using handsets with special Sims and NFC antennas. The cost of the package enabling access to the service is around RUB 200 (US $ 53) per month. SOcAR to acquire network The State Oil Company of Azerbaijan (SOCAR) is expanding operations in fuel retail in Western Europe with a yet unannounced acquisition in Switzerland. SOCAR president Rovnag Abdullayev has stated that SOCAR is preparing to buy a large network of fuel service stations in Switzerland. “Negotiations are on-going and in the near future the acquisition will be announced”, he said. As negotiations were incomplete, he was unable to give any further details. In recent years SOCAR has expanded its operations outside Azerbaijan. The first international expansion took place in Georgia and Ukraine which was followed by Romania. Switzerland will represent a significant step on the international market place. The fuel retail network target of SOCAR is currently 100 in Georgia, 300 in Romania and 1 000 in Ukraine. dcc complete Pace Fuelcare acquisition Irish firm DCC has completed its acquisition of the UK-based Pace Fuelcare, having received approval from the Office of Fair Trading (OFT) for the tranaction. The deal sees DCC purchasing the entire share capital of Pace, which operated from 19 locations across southern England. Pace sold 455 million litres of fuel in the 12 months to September 2010, and boasts a fleet of 83 road tankers and 201 employees. Following consultations with the OFT, DCC agreed that MRH would retain Pace’s Isle of Wight business, worth approximately 10 percent of the company’s overall volumes. The revised deal is worth a total fee of 23 million euro. TOTAL re-organises downstream operations TOTAL is giving a new dynamic to its strategy for developing industrial and commercial activities in its refining, marketing and chemicals operations. This shall be accomplished through a reorganization that will create two new divisions. The plan does not entail employee Attack on ‘failed’ biofuel rollout Angela Merkel’s junior coalition partners, the liberal Free Democrats, have sharply criticized the botched introduction of the E10 biofuel earlier this year. The party called on the environment minister to revise its policy on green fuels. Despite the fact that the new fuel is LATeST NewS, eveNTS, jOBS ONLINe – www.PeTROLPLAzA.cOM outplacement or layoffs. The new Refining & Chemicals division will be a major production hub combining all of TOTAL’s refining and petrochemical operations. The division will be headquartered in Brussels and Paris, with senior management based in Brussels. The new Supply & Marketing division will be dedicated to the global supply and marketing of petroleum products. As a result, TOTAL’s current Downstream and Chemicals operations will be realigned to focus on two core competencies – production and marketing – in order to reinforce existing activities and strengthen prospects for growth. Azerbaijan changes rules of cash register use Tax minister Fazil Mammadov has said that cash registers at petrol stations more than 5 years old are outdated and should be replaced. “This practice is applied throughout the world where cash registers are replaced every 5–6 years, Fuel duty will be debated in UK Parliament Fuel duty will be debated in Parliament after FairFuelUK’s Government ePetition reached 100 000 signatures. The decision that it would be debated was made after the petition reached the required level of support under Government guidelines for the issue to qualify for debate. Campaign founder Peter Carroll said: “We are delighted that the issue of crippling high fuel Petrom’s dorobantu wind park becomes functional Oil and gas company OMV Petrom has launched operations at its 45 MW Dorobantu wind park in Dobrogea, Romania, the company announced. The project required 90 million euro to be built and is equipped with 15 Vestas-V90 turbines with a capacity of 3 MW each. The construction of the park began during the second half of last year and was finalized in July this year. Tamoil Switzerland backs new administration Libyan managers at Tamoil Switzerland decided several months ago to back the rebellion against Moammar Gaddafi, according to documents recently released. They allegedly indicate that they secretly proclaimed their allegiance to the opposition National Transitional Council (NTC) and contributed “personal money” to as they become technically obsolete”, he said. The process to install new cash registers will begin from 1st January 2012 with new machines that do not allow a pump to operate without the activation of a cash register. cheaper and greener than regular petrol, many German motorists had avoided it, over fears it would damage their car engines. Motoring organizations say the new fuel, which contains 10 percent bio-ethanol, is suitable for over 90 percent of vehicles on German roads. prices will soon be debated in the Chamber of the House of Commons. With the economy stagnating, cutting fuel duty represents an effective and fair way of boosting growth, creating jobs and reducing inflation. Petrol and diesel prices are crucifying families and businesses. This issue needs to be debated and action taken.” The resulting green certificates allocated to the power generation of this park will be mainly used to cover the regulated quota for the electricity consumption of the Petrom Group, around 1 TWh / year, while the difference will be marketed on the Romanian market. OMV Petrom Marketing operates 546 filling stations, out of which 389 are Petrom and 157 OMV. support the rebels. Tamoil Suisse and its refinery are part of Oilinvest BV, a Dutchregistered company. This is in turn is part of the Libyan Investment Authority (LIA), which was always close to the Gaddafi clan. It has around 1 500 employees and 324 fuel service stations in Switzerland.
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