All Latest News articles – Page 419
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News
Results of this month’s online poll:
As a show of strength by dealers helped put BP’s deal with Arval back on the table, should retailers come together more often to fight their corner on key issues affecting their businesses?YES100%NO0%A unanimous yes: you all agree retailers need to work together more often.
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News
Results of this month’s online poll:
As a show of strength by dealers helped put BP’s deal with Arval back on the table, should retailers come together more often to fight their corner on key issues affecting their businesses?YES100%NO0%A unanimous yes: you all agree retailers need to work together more often.
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News
Murco buys Petrol Express
Murco Petroleum has confirmed the £51.66 million acquisition of Petrol Express Limited from its parent company GNE Group plc. Earlier this year GNE Group reported a full-year profits jump by 93% to just over £1 million after margins in both shops and fuel improved. GNE chairman David Port, said margins ...
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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 ...
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ACS slams government ombudsman delays
The Association of Convenience Stores (ACS) has called on the government to take the lead and instate a Grocery Ombudsman, as recommended by the Competition Commission’s investigation into the Grocery Market.ACS chief executive James Lowman said: “We are seeking support from across the political spectrum in an effort to combat ...
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GreatGas expands in Ireland
GreatGas Petroleum has added four forecourts to its network in Ireland. The contracts, said to be worth in excess of 10 million euros, mean the Irish owned independent fuel supplier has signed 10 new forecourts in the past six months.It now provides fuel to more than 50 forecourts in ...
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Asda goes head to head with Morrisons as fuel prices tumble
Asda has followed Morrisons’ lead by slashing its fuel prices again. Today Asda announced that, starting tomorrow morning, all its 172 forecourts in the UK would sell petrol at 97.9p per litre and diesel at 109.9p per litre.The move means Asda will match rival Morrisons at the pumps in what ...
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Government to delay biofuel targets
The Transport Minister Andrew Adonis has announced plans to revise the government’s biofuels targets while ploughing more money into research in the area.Last week Adonis said the rate of increase in the use of biofuels should be slowed to 0.5% a year, and that the level for the Renewable ...
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Brown’s call for fuel price cuts simplistic, says FPS
Gordon Brown’s call for forecourts to cut fuel prices at the pumps in line with the fall in the price of crude oil or risk an Office of Fair Trading investigation is too simplistic according to the Forecourt Division of the Federation of Petroleum Suppliers (FPS). It fails to do ...
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OFT summoned to investigate Orkney fuel prices
THE issue of wholesale fuel prices in Orkney is to be taken to the Office of Fair Trading, according to a story in the island’s local newspaper Orkney Today. The report said the situation had beenhighlighted after a fuel supplier in Caithness was able to supply petrol stations in Orkney ...
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Oil companies sign up for IFFE 2009
Five oil companies have so far signed up to exhibit at next year’s International Forecourt and Fuel Equipment Show (IFFE), which will take place at the Birmingham NEC from March 1-3, 2009.GB Oils, Harvest Energy, LP Gas, Murco and Pace will all be there.Mike Skinner, sales manager for independent ...
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Retailer stand fuels Arval deal
Retailer pressure was behind BP’s resumption of talks with card giant Arval, according to PRA director Ray Holloway. Having been told in August that BP had decided to discontinue its Arval connection due to escalating costs,a group of extremely irate retailers - with the backing of about 80% of ...
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New association to boost car wash trade
A new association has been formed to represent those working in the car wash industry. The Car Wash Association (CWA) wants to recruit more members to help work for best practice in thesector as well as create a level playing field for anyone offering car wash services.The association started ...
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More room in Box for Budgens store
A new Budgens store has opened in Box, Wiltshire on an Esso forecourt on the outskirts of the village.The 2,000 sq ft Budgens is twice the size of the previous store. "It’s been 13 years since it was refitted," said site manager Paul Trevor. "We believe Budgens has the right ...
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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 ...
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in brief
GNE Group plc has entered into a conditional share purchase to dispose of its main operating subsidiary, Petrol Express, to Leopard No. 2 Investments for £51.66m. For full details log onto [http://www.forecourttrader.co.uk]New legislation came into effect on October 1 requiring pictorial health warnings to be displayed on all newly-manufactured tobacco ...
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Credit card scam gang is jailed
Three fraudsters operating an international credit card scam via petrol stations have been jailed. They used a Leicester warehouse to store footage, from covert cameras, of PIN numbers being inputted into pads at garages across the country.All admitted conspiring to defraud clearing banks between January 1, 2007 and March 13 ...
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New depot safety rules
Automatic shutdown systems to prevent overfill at fuel storage terminals have been announced by UKPIA and the Tank Storage Association, as part of the ongoing process to improve safety at major fuel storage terminals following the disaster at the Buncefield oil terminal in December 2005.Christ Hunt, director general ...
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Results of this month’s online poll:
With fuel volumes down, Arval cards under threat, and question marks over tobacco and alcohol, how concerned are you about the health of your business over the next 12 months?Very61%Fairly26%NOt at all13%The majority of you are concerned about the future - let’s hope there’s some good news soon!
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NewsTOUTS CROWNED FORECOURT TRADER OF THE YEAR
Philip and Lesley Tout of Budgens Nailsea in Bristol were the Forecourt Trader of the Year winners last night at a glittering awards ceremony at the London Hilton Hotel, Park Lane. The evening was hosted by Shaun Williamson of Eastenders fame, and featured a James Bond theme with a lookalike ...