All Petrol articles – Page 14
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News
MP visits local petrol station to discuss issues
BP and Spar retailer Namesh Nagamani has invited his local MP, Steve Double, into his store to discuss the issues affecting his business, including fuel theft and business rates. The Spar convenience store at the BP Fuel station at Cornwall Gateway Services is located in the heart of Cornwall near ...
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RAC urges retailers to cut price of petrol
The RAC is urging retailers to cut the forecourt price of petrol to reflect the falling price of unleaded fuel on the wholesale market. The price of oil is currently on the slide, and this helped to cancel out the declining price of Sterling and depress wholesale fuel prices. A ...
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Germany “needs” to phase out new petrol and diesel cars by 2030
Sales of new petrol and diesel cars in Germany will have to be phased out by 2030, in order for it to meet pollution targets, a minister has warned. Deputy economy minister Rainer Baake said all new cars registered in Germany will have to be emissions free by 2030 if ...
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Shell unveils prototype petrol car of the future
Shell has unveiled a low carbon prototype car in a bid to demonstrate that internal combustion engines can be part of the solution to urban environmental problems. The ultra-light city car’s low-cost, low-carbon construction uses the kind of weight reduction and aerodynamics found in Formula One racing to minimise emissions ...
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Petrol station owner fined more than £4,000
A petrol station owner has been fined more than £4,000 after he was prosecuted by East Sussex Fire and Rescue Service. Sultan Hayat, the owner of Bexhill Service Station, Barnhorn Road, Bexhill, pleaded guilty at Eastbourne Magistrates Court on Friday 1 April to two offences of failing to comply with ...
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Police seek help from petrol retailers following armed robbery
Police are seeking help from petrol retailers who may have helpful CCTV footage following an armed robbery at a jewellers in Lacock, Wiltshire, last week.The incident happened shortly after 10am on Wednesday 23 March 2016 at Watling Goldsmiths in East Street. Detective Sergeant Ian Magrath said: "We now believe four ...
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Penny Petroleum buys two sites
Top 50 Indie Penny Petroleum has added two more filling stations to its estate. Both sales - Helmington Row Filling Station at Crook, County Durham, and Kip Hill Garage in Stanley, County Durham – were handled by business property adviser Christie & Co, which reported stiff competition for the sites. ...
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NewsPetrol prices forecast to remain low as diesel climbs
Increased petrol production should keep pump prices pegged down in March, while the price of diesel is likely to move back above petrol, according to the latest RAC Fuel Watch report. It said the average price of petrol fell slightly in February, marking eight consecutive months of falls. From the ...
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Electric cars to cost less to run than petrol by 2025
A new report from Bloomberg New Energy Finance says that continuing reductions in battery prices will bring the total cost of ownership of electric vehicles (EVs) below that for conventional-fuel vehicles by 2025, even with low oil prices. The study forecasts that global sales of electric vehicles will hit 41 ...
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NewsPetrol station owner jailed for tax fraud
A Blackburn filling station owner has been jailed for evading almost £200,000 in tax by selling hundreds of thousands of litres of illegal diesel to unsuspecting motorists. Nawaz Jan Virmani, 52, trading as Shadsworth Road Service Station, was caught by HM Revenue and Customs (HMRC) officers with 2,843 litres of ...
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Retail margins on petrol falling says AA
Retail margins on petrol have fallen, according to the AA, while profiteering by refiners and petrol commodity market players has deprived consumers of savings of up to 5ppl. In its latest AA Fuel Price Report, it says: “AA research finds that during the periods of early 2014, early 2015 and ...
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RAC predicts petrol-price drop to 86ppl as oil prices continue to fall-
Petrol prices could reach their lowest level since 2009 – down to 86ppl - as the major banks predict oil prices could fall to below $10-a-barrel. Oil prices have already collapsed by 15% this year prompting the major banks such as Standard Chartered, Goldman Sachs, RBS and Morgan Stanley to ...
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Supermarkets cut petrol to 99.9ppl
The four major supermarket groups have cut their petrol prices to below £1 per litre, with Morrisons, Tesco and Sainsbury’s also following Asda’s lead in introducing a price ceiling on petrol across their entire estates. The latest skirmish in the price war was sparked by Asda which announced that it ...
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14 petrol stations sold for £30.9m
A portfolio of 14 petrol stations has been sold to a Middle Eastern investor for £30.9m. According to Property Magazine International, investment manager Aerium sold the portfolio to Shiekh Ahmed Bin Nasser Al-Thani, who was advised by Investra Capital. The sites are let to Co-operative Group for 12-years generating rent ...
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Independent takes petrol down to 99.9ppl
Prices have been cut to 99.9ppl on unleaded and 103.9ppl for diesel at the Jet service station run by the family owned Jempson’s Supermarket at Peasmarsh, near Rye in East Sussex. The prices were introduced on Monday November 23 and director Stephen Jempson said they had not set a time ...
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Petrol price down 1.6ppl over October
The average price of petrol fell for the fourth consecutive month with a further 1.6ppl being shaved off in October, according to the latest RAC Fuel Watch data. Unleaded finished the month at 107.82ppl, down from 109.45ppl at the start, but diesel, however, only reduced fractionally in October from ...
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Hyper cuts put petrol below diesel
Two months after supermarkets cut diesel prices below unleaded petrol Asda has been the first to restore petrol’s position as the cheaper fuel. On Wednesday 23rd September Asda cut the price of unleaded by 2ppl, making its national price cap105.7ppl on unleaded while diesel remained at 107.7ppl. Andy Peake, Asda’s ...
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Two men jailed for armed robbery at petrol station
Two men have been jailed for taking part in an armed robbery at a Bradford petrol station, but a cashier who was accused of being part of the plot was cleared. Former soldier Kane Harrison, 22, and 23-year-old Anthony Davey, were involved in a plot to steal £30,000 from ...
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Petrol volumes fall despite 14ppl price drop in a year
UK petrol consumption has fallen compared with a year ago, despite it being 14ppl cheaper. UK fuel consumption figures released by HM Revenue and Customs show that petrol consumption flat-lined at around 1.475 billion litres a month from May to July. This is lower than last summer when petrol averaged ...
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Handbag designer sets up Selfridges petrol station
The car park of London department store Selfridge’s will be transformed into a petrol station by handbag designer Anya Hindmarch, according to fashion website WMD.com. The installation, which will open on September 11, will take its cues from Hindmarch’s autumn collection, which plays with the graphic signage and reflective surfaces ...