BHPetrol to invest RM 50 million a year Shell closes 20 ... - ErpecNews

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Shell opens stations
in Oman
Shell Oman Marketing Company has
opened four new service stations with
state-of-the-art fuelling technology and
automated inventory systems so far this
year. Hafidh al Azkawi, Network Delivery
Manager of Shell Oman Marketing Company
said: “With the addition of these four
sites, Shell Oman now has a total number
of 144 service stations across the length and
breadth of the country and offers the most
convenient locations for our customers.
These 4 new service stations are designed
according to the new Shell Visual Identity
standards, technology and engineering and
also feature “touchless” applications for site
management. Shell Oman will continue its
efforts to improve maintenance and quality
of its existing network and it has a robust
plan to expand its network to cover areas
of new growth in the country.”
Biofuels draft regulations
published
South Africa’s Department of Energy (DOE)
published the long awaited draft regulations
for the mandatory blending of biofuels with
petrol or diesel. The regulations, are seen
as critical to stimulating South Africa’s
nascent biofuels industry. They are also
perceived to be a key pillar of South Africa
biofuels industrial strategy and estimates
state that some 125 000 direct jobs could
be created should a 10 percent blending
target be set. The department believes the
draft regulations send a positive signal to
investors regarding securing a biofuels offtake
from oil companies at a fair price, and
about the creation of a framework for the
blending of locally manufactured biofuels
into the existing petrol or diesel pool.
GAPcO grabs top
place in Tanzania
Gulf Africa Petroleum Corporation
(GAPCO) is the country’s oil market leader
controlling 16.2 percent of sales, Energy
and Water Utilities Regulatory Authority
(EWURA) has said. According to EWURA,
GAPCO is leading 13 other oil marketing
companies (OMCs) which controls above
2 percent of the market while the rest
share the remaining less than 5 percent
of the market. GAPCO has adequate supplies
of products with a combined storage
capacity of almost 220 million litres and
a network with over 80 filling stations
across the country.
TOTAL remain strong in Ghana
TOTAL Petroleum Ghana new Managing
Director, Guillaume Larroque has confirmed
the company’s commitment to enhance service
delivery nationwide pledging the renewal of its
joint campaign with the Ghana National Fire
Service to improve road safety. “Our involvement
in Road Safety as a reference shareholder
will be pursued and our joint campaigns with
the Fire Service to inform the wider public of
POcKeTvouchers launch mobile services
New Zealand mobile marketing specialist
POCKETvouchers has launched its mobile
voucher service in Australia on the back of
a partnership with epay Worldwide, a global
processor and distributor of electronic
payment solutions. The POCKETvouchers
system is based around uniquely coded
vouchers, usually sent as an SMS that can
be instantly validated at the retail outlet
limiting them to one use and tracking all
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road dangers has been a tremendous experience
that will be renewed”, Mr Larroque said. At a
cocktail reception recently to bid farewell to the
outgoing Managing Director Jonathan Molapo
in Accra, Mr Larroque said the company would
continue to act as a responsible leader to provide
to TOTAL’s customers optimum performance
and educate Ghanaians on road safety issues.
TOTAL’s operations in Ghana span 50 years.
redemption information. From October 2011
the 25 000 epay terminals across Australia
and New Zealand will be capable of validating
uniquely coded POCKETvouchers
in real-time, adding security and detailed
tracking capability to any voucher campaign.
Key retailers with epay terminals in
Australia include BP, Caltex, Coles Express
and United service stations, Dick Smith
and Harvey Norman.
czech Government to allow čepro sell-off
The Czech government is to allow foreign
companies to acquire or merge with the highly
profitable Czech state enterprise Čepro. The
‘advisory council of economic ministers’ has
BP reaches a “definite turning point”
BP boss Bob Dudley has said that the embattled
oil giant has reached a “definite turning point”
following last year’s Gulf of Mexico disaster as
he revealed a boost to third-quarter profits. BP
reported replacement cost profit of US $ 5.14
billion (£ 3.2 billion) for the three months to
September, compared with US $ 1.8 billion
(£ 1.1 billion) in the same period last year when
approved the proposal and plans to hold a
tender for a consultancy to advise on an acquisition
or merger. Two Central European oil
majors have expressed interest, one is MOL,
which controls Slovak refiner and distributor
Slovnaft and Poland’s PKN Orlen, which in
turn owns Czech refiner Unipetrol. Currently
owned by the Ministry of Finance, Čepro
operates a 1 100 kilometer pipeline network
for the distribution of petroleum in the Czech
Republic and Slovakia with 192 Euroil filling
stations in the Czech Republic.
BP was hit by heavy charges for cleaning up the
Gulf spillage. BP said oil production over the
quarter fell by 12 percent to 3 319 million barrels
due to the suspension of production in the Gulf,
though BP expects production to be higher in
the current quarter. Dudley said he expected
BP’s cash-flow to grow by around 50 percent by
2014 – meaning greater returns for shareholders.
OMv considers selling station networks
OMV is considering selling its filling station
network in the Czech Republic, Hungary, Slovakia,
Bulgaria, Bosnia and Herzegovina and
spend the proceeds on natural gas production,
according to a Czech news agency. OMV would
sell its Czech network of 220 petrol stations.
In an e-mailed statement the company said
“OMV has decided to review the portfolio of
its Refining & Marketing division in order to
optimise that. This is necessary to keep R&M
an important part of OMV’s operations. There
is no decision as yet which assets of the R&M
segment may be divested therefore we do not
comment on the related market rumours.