All Latest News articles – Page 330
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News
PRA offers EU evidence on alleged oil-price rigging
The PRA has offered to submit evidence to the European Commission on alleged anti-competitive pricing tactics in the UK fuel market. The move follows last week’s raids on three oil companies and oil market data specialist Platts, by EU Commission agents investigating allegations of oil-price fixing. In a letter to ...
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P&H launches ’easy order’ app
Delivered wholesaler Palmer and Harvey has launched an iPhone application to make ordering easier for its customers. The ‘Easy Order’ app is for use by retailers who have pre-registered for online ordering, and has been designed to include and enhance much of the functionality of the barcode scanner launched ...
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Hyundai’s hydrogen car wins technology award
Hyundai received the Technology Award for the ix35 Fuel Cell at this year’s Fleet World Honours which took place this afternoon at the prestigious Royal Automobile Club in London. The award, which was shared with the Renault Zoe, is recognition of Hyundai’s commitment to bringing the ix35 Fuel Cell vehicle ...
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Welcome Break opens drop-in business centre
Welcome Break is joining forces with Regus, the global workspace company, to open drop-in business centres at its motorway service areas. Membury Services on the M4, 10 miles from Swindon, is the first Welcome Break service area to feature Regus Express, offering a high-tech business lounge with ThinkPods (private workstations), ...
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Man charged with petrol station robbery
A man has been charged following a robbery at the Shell petrol station in South Normanton, Derbyshire. Duane Langford, 34, from Sutton-in-Ashfield, has been charged with robbery and has appeared before magistrates in Chesterfield yesterday. He has been remanded in custody to appear at Derby Crown Court on Tuesday, June ...
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Next generation takes over at northern dealer group
Joseph Richardson has been appointed managing director of Yorkshire family business, Jos Richardson & Son Ltd. Joseph Richardson is the fifth-generation Richardson to work in the Goole-based family firm, which was established in1892 by his great, great grandfather, also called Joseph Richardson. Joseph joined the business in 2004 which then ...
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Staff try to detain would-be robber
A man has been arrested on suspicion of attempted robbery and arson with intent to endanger life, following an incident at a Lancashire petrol station. It began when a man demanded money and staff at the Shell garage in Market Street, Bacup, locked him in the shop in a bid ...
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Fuel price-rigging inquiries could prompt greater transparency, predicts AA
The investigations into wholesale and retail fuel prices could be a turning point into what drives the price of fuel on forecourts, and the start of greater transparency, predicts the AA, as it released its latest fuel price report. It revealed that a 3.5ppl fall in the average pump price ...
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Opening of first Subway outlet in Applegreen partnership
The Subway brand has announced the opening of its first UK store in partnership with Ireland’s leading independent forecourt retailer, Applegreen. The store has opened in one of Applegreen’s leading service station locations in Uckfield, East Sussex. There are currently more than 1,600 Subway stores in the UK and Ireland, ...
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Police seek vehicle used in crime wave
Northumbria Police are appealing for help to trace a car involved in four incidents in three days where people made off with hundreds of pounds worth of diesel from petrol stations without paying. The first theft was on Sunday, May 12, at the Esso garage at York Avenue in Jarrow, ...
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Leading forecourt equipment firms vote to support new European expo
Leading forecourt equipment manufacturers have voted to switch their allegiance from Automechanika to UNITI expo, a new European trade fair for the retail petroleum and fuel handling markets. The new exhibition, to be held in Stuttgart, Germany, in June 2014, received a huge boost last weekend, following a meeting of ...
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PRA concern over MSA fuel-price signage
The Petrol Retailers’ Association (PRA) has questioned Downing Street’s plans to force Motorway Service Areas to display the cost of fuel on road signs. Service stations were identified by the Office of Fair Trading in its report on the service station sector, published in January, which suggested that prices at ...
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PM promises heavy hand with oil traders found guilty of price fixing
Oil traders should face prison if found guilty of conspiring to fix prices, prime minister David Cameron has warned. He said the allegations were “hugely concerning” and that anyone held responsible would face major consequences if the claims were proved true. “It’s totally unacceptable for firms to fix prices and ...
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Halfon demands tough action on oil price fixers
An Early Day Motion demanding tough prison sentences and windfall taxes on any oil companies convicted of oil price fixing has been tabled in Parliament by Harlow MP Robert Halfon. The move follows yesterday’s raids on oil company offices by European Commission investigators, as an inquiry into price manipulation began. ...
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Oil companies confirm raids by investigators
Three oil companies and the oil market information company Platts were raided yesterday by investigators for the European Commission looking into allegations of price fixing. In the UK, Shell confirmed it was “currently assisting the European Commission in an enquiry into trading activities”, while BP said it was subject to ...
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Dealers welcome inquiry
Dealers have welcomed the decision by the European Commission to launch its investigation into oil price fixing. Susie Hawkins of Cheltenham-based Simon Smith Group said: “We were pleased when we heard it was being investigated. The volatility of prices has made it very difficult for us because it directly affects ...
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EC reveals reasons for price probe
The European Commission released a statement on Tuesday confirming its “officials carried out unannounced inspections at the premises of several companies active in and providing services to the crude oil, refined oil products and biofuels sectors”. It said: “The Commission has concerns that the companies may have colluded in reporting ...
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PRA welcomes investigation on oil price manipulation
The Petrol Retailers’ Association has welcomed the move by the European Commission to investigate alleged oil price fixing by the major operators. European Commission investigators raided the offices of several major oil companies yesterday, including BP and Shell, as an investigation into price manipulation began. The Commission said it suspected ...
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Retailers to access DVLA data following BOSS success
BOSS, the British Oil Security Syndicate, has announced a major success on behalf of fuel retailers by securing agreement from the DVLA to enable service stations to request and access registered vehicle keeper details from its database. Previously retailers have been unable to access details from DVLA’s vehicle register in ...
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New report reveals threat to UK oil refining
A serious threat to the survival of UK oil refining - which has implications for the economy nationally and regionally, and potential impacts upon energy security of supply - has been highlighted in a new report sponsored by UKPIA. The independent report by IHS Purvin & Gertz (www.ukpia.com/publications.aspx), was ...