All BP articles – Page 20
-
News
BP, Exxon Mobil and Chevron see profits soar
BP has announced record annual profits of $21.2 billion (£14.7 billion) for 2008 despite the falling price of oil. The figure, announced today, compared to profits of $20.8 billion (£14.4 billion) for the oil giant in 2007.BP also reported its first quarterly loss in more than seven years – ...
-
News
BP appoints new UK trading manager
BP has named David Pitron as the new trading director for its UK Convenience Retail division. Pitron succeeds Andy Davis, who recently took on the fulltime post of European trading director.The oil company said Pitron has been with BP for nearly five years, and for the last three and ...
-
News
BP is back at IFFE with franchise push
BP is back at the International Forecourt & Fuel Equipment (IFFE) Show for 2009. The oil giant is expected to showcase its Connect Wild Bean Café franchise concept. The news coincides with an announcement from BP UK fuels manager, Janet Ashdown, that the company intends to grow its dealer business ...
-
News
IT crash leaves BP dealers fuming
Hundreds of BP dealers were forced to work through the night after a system crash knocked out its credit card terminals. Retailers said the glitch, which affected the whole of BP’s network, hit at 12am on November 5 and lasted for about 12 hours. Mark Wilson, operations manager at the ...
-
News
BP adds 11 Moto sites
BP is adding eleven Moto sites to its network by the end of next month.The oil company said the sites were at Washington North, Washington South, Trowell North, Trowell South, Leigh Delamere East, Leigh Exeter.It is also opening a new site near Glasgow on December 10. Cr Delamere West, Birch ...
-
News
BP names new convenience retail director
Richard Harding has been named as BP’s new UK Convenience Retail director. He succeeds Karen Hubbard and will take up his new post on December 1. Harding, who has been with BP for 20 years,said: "This is the job I have wanted to do for a long time. I feel ...
-
News
BP profits surge to $8.9 billion
BP is making good progress in its drive to improve performance, chief executive Tony Hayward said today as the company announced underlying profits for the third quarter of 2008 of $8.9 billion, excluding non-operating items and fair value accounting effects.Despite some operational upsets, including hurricane damage in the Gulf ...
-
News
BP to trial M&S format for dealers
The M&S Simply Food brand could soon be seen on independent BP forecourt sites around the country, if a franchise pilot - to be launched in the new year - proves successful.As the successful partnership between M&S and BP reached its centenary last month with the opening ...
-
NewsPanic over - BP agrees deal with Arval
BP will continue to accept Arval fuel cards at its petrol stations. The oil company had previously stated it was terminating its contract with Arval at the end of next month due to escalating costs. It had told dealers they were free to continue accepting Arval business but would have ...
-
News
BP dumps Arval
BP is to terminate its agreements with Arval due to “escalating costs”. From 31 October, BP will no longer accept Arval fuel cards at its company operated sites. In addition, retailers have received letters from the oil company’s fuels operations manager Peter Molloy stating Arval costs have “increased significantly” in ...
-
News
BP launches small format Wild Bean
BP has launched the first small-format version of its Wild Bean Café (WBC) to the UK. The specially tailored version of BP’s successful food-to-go offer, which includes hot and cold drinks and snacks as well as pastries and cakes, opened at Boongate Service Station in Peterborough on May 7.BP’s UK ...
-
News
Co-op switches 45 sites to BP
The Co-operative Group is converting 45 of its petrol station sites in the UK to BP. The major deal, which follows a year of negotiations, will also see the Co-operative Retail Trading Group re-sign 40 other sites with BP’s dealer network for a further five years. Peter Molloy, BP’s UK ...
-
News
BP’s margin cut ’immoral’
BP’s dealer network has reacted angrily after the oil giant cut fuel margins - and announced record profits in the same week. BP contacted dealers on March 31 to say it was increasing its grade premia charges on fuel. It listed many factors for the rise, implemented on May 1, ...
-
News
BP in the dog house
It’s been a long time since there was such a universal outpouring of venom among retailers about any oil company as there is currently against BP. Retailers nationwide are spitting feathers. And who can blame them? One minute they’re scrolling through the usual morning emails, 101 things going on in ...
-
News
BP cuts jobs as profits plunge
BP is to cut 5,000 jobs, including 1,500 in the UK, after seeing profits plunge by 22%. The oil giant recorded profits of £8.76bn for 2007, blaming “disappointing” performances in certain areas compared to rivals, and “notably US refining”.Announcing the results yesterday, BP chief executive Tony Hayward said: “The steps ...
-
News
BP to sell US forecourt operations
BP is to sell all of its company-owned and company-operated convenience stores in the US. The majority of the stores - which total more than 700 - will go to franchisees and some will be sold to dealers and large distributors.The company said the sale of the convenience stores would ...
-
News
BP secures new five-year deal with Moto
BP has signed a new five year fuel supply deal with the UK’s largest motorway operator, Moto. The deal secures volume on 18 existing BP-branded motorway locations, where BP and Moto have been in partnership for the past 10 years, but a further 17 Moto sites, currently supplied by alternative ...
-
News
DHL wins BP distribution deal
DHL has signed a multi-million pound retail deal with BP.The contract means DHL will deliver 30 million cases of fresh chill, ambient and secure products such as milk, soft drinks and sandwiches to 350 UK retail forecourts each year. The company will use double deck trailers for transporting goods between ...
-
News
PIN extended at BP
All BP sites will be capable of accepting PIN verification for all purchases made via fuel cards by the end of the summer."PIN is part of BP’s desire to bring its offer in line with customer expectations on card security as well as align with industry payment security standards," ...
-
News
BP speeds up checkout
BP Retail aims to speed up transaction times at its service stations with the installation of new software at the tills.Six forecourts in and around London are using an enterprise resource planning (ERP) system, which will be rolled out to the rest of the UK network before the end of ...