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
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<strong>Shell</strong> spins off LPG business <strong>to</strong> japanese firm<br />
<strong>Shell</strong> has announced that it has signed a share<br />
purchase agreement with Isla Petroleum and<br />
Gas Corp., an affiliate of I<strong>to</strong>chu Corp, for<br />
<strong>Shell</strong> Gas (LPG) Philippines. The move is<br />
in line with the company’s stated strategy of<br />
limiting its downstream ventures. “This agreement<br />
represents the outcome of the review<br />
for <strong>Shell</strong>’s LPG businesses in the Philippines<br />
and is separate <strong>to</strong> <strong>Shell</strong>’s other LPG business<br />
Sonol fires 300 in response <strong>to</strong> fuel margin cut<br />
Sonol CEO Nir Galilihas confirmed the current<br />
high price of gasoline has reduced gasoline<br />
consumption and as a result the company<br />
will reduce its workforce by 300 people in<br />
TPdc lists 7 firms for fuel tenders for Tanzania<br />
The Tanzania Petroleum Development Corporation<br />
(TPDC) last week short listed seven<br />
companies <strong>to</strong> supply 35 000 <strong>to</strong>nnes of petroleum<br />
products <strong>to</strong> the newly formed state-owned<br />
Commercial Petroleum of Tanzania (COPEC).<br />
Only one of the seven short listed companies<br />
is a local while the rest are foreign companies.<br />
The successful firm will undertake <strong>to</strong> import<br />
the fuel and sale <strong>to</strong> other fuel marketing<br />
TOTAL jordan expands its operations in<strong>to</strong> Irbid<br />
Under the Patronage of His Excellency the<br />
Minister of Labor Dr. Mahmoud Kawafeen,<br />
TOTAL Jordan launched its 12th servicestation<br />
located on Baghdad Street in Irbid,<br />
in line with its mission <strong>to</strong> expand its operations<br />
across the Kingdom up <strong>to</strong> par with the<br />
highest international standards in terms of<br />
safety and environmental protection. H.E<br />
GOIL take over filling stations<br />
The Board and management members<br />
of Ghana Oil Company Limited (GOIL)<br />
descended from their offices <strong>to</strong> join filling<br />
station attendants <strong>to</strong> serve the general<br />
public. The programme dubbed “GOIL<br />
CEO Special Service”, aimed at creating a<br />
conducive interactive platform for engagement<br />
among management, attendants and<br />
cus<strong>to</strong>mers, said Acting Managing Direc<strong>to</strong>r<br />
Kojo Bonsu. Mr Bonsu said “Just <strong>to</strong>p up at<br />
LATeST NewS, eveNTS, jOBS ONLINe – www.PeTROLPLAzA.cOM<br />
under review”, said a company statement. “The<br />
sale of <strong>Shell</strong>’s share in the Philippine LPG<br />
business is consistent with <strong>Shell</strong>’s strategy <strong>to</strong><br />
concentrate its global downstream footprint<br />
in<strong>to</strong> fewer, larger markets.” The deal is on<br />
course <strong>to</strong> be closed by the end of the <strong>year</strong>.<br />
The company said that its other downstream<br />
businesses, including retail fuel products,<br />
would be unaffected by the deal.<br />
response <strong>to</strong> the fuel margin cut. This will be<br />
accomplished by a hiring freeze and by firing<br />
current employees. The company will succeed in<br />
becoming profitable despite fuel margin cuts if<br />
it successfully implements efficiency measures,<br />
such as offering only self service at gas stations,<br />
launching new products, and altering contract<br />
terms with gas station owners, cus<strong>to</strong>mer clubs,<br />
as well as strategic partners, including Hever<br />
Career Soldiers Association and Israel Police,<br />
which are the company’s largest cus<strong>to</strong>mers.<br />
companies and retail at common pump prices.<br />
The Direc<strong>to</strong>r of Marketing and Investments<br />
of TPDC, Dismas Fuko, said that a technical<br />
evaluation committee will scrutinize the seven<br />
tenders. Although procurement regulations<br />
require tendering processes <strong>to</strong> be done in<br />
90 days, the Government is determined <strong>to</strong><br />
finalize in a short time of one week due <strong>to</strong><br />
the ‘business climate’.<br />
Dr. Mahmoudi Kawafeen, stated, H.E. “We<br />
encourage unemployed Jordanians <strong>to</strong> benefit<br />
from the job opportunities available in the<br />
Oil and Gas sec<strong>to</strong>r. Very few Jordanians<br />
consider working in this sec<strong>to</strong>r due <strong>to</strong> social<br />
limitations however it is extremely important<br />
<strong>to</strong> employ Jordanians in this sec<strong>to</strong>r instead of<br />
immigrant workers.”<br />
GOIL and get <strong>to</strong> win exciting GOIL souvenirs,<br />
and get served by the MD, Board<br />
and management members as part of our<br />
improved service offer <strong>to</strong> you”. He added<br />
the innovation served as part of activities<br />
<strong>to</strong> ensure that GOIL maintained its brand<br />
as the preferred choice of the mo<strong>to</strong>ring<br />
public, a “GOILY DAY” has been set aside<br />
<strong>to</strong> create a buzz with the public about what<br />
<strong>to</strong> expect from the new GOIL.