All PRA articles – Page 15
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News
Oil production cuts welcomed by PRA
PRA chairman Brian Madderson has welcomed news of a potential deal to limit production within the oil producers cartel OPEC, which could result in an increase in the price of oil. He cautioned that implementing any deal involving countries such as Russia and Saudi Arabia cutting production would be difficult, ...
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NewsPRA welcomes OPEC deal
PRA chairman Brian Madderson has welcomed news of a potential deal to limit production within the oil producers cartel OPEC, which could result in an increase in the price of oil. He cautioned that implementing any deal involving countries such as Russia and Saudi Arabia cutting production would be difficult, ...
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News
Insight into Platts pricing at forthcoming PRA event
The Autumn section of the PRA ’Live & Local’ events re-commence later this month, with the first meeting taking place at the Wrest Park Mansion in Bedfordshire on September 22.Speakers will include Andrew Bonnington - director, strategic market engagement for Europe and Africa at Platts. He will provide insight into ...
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Analysis
Brian Madderson: chairman PRA
Post-Brexit there’s been understandable concern that the predicted drop in the value of sterling versus the US dollar would immediately force Platts’ wholesale costs upwards. While there has been devaluation of sterling, the pessimists in the City predicting lows of $1.20 or even $1.10 have so far proved well wide ...
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News
DfT has heeded warning on E10 says PRA’s Madderson
PRA chairman Brian Madderson believes the government is taking a more "realistic" and "pragmatic" approach to the introduction of E10 fuel, following a meeting with officials at the Department for Transport (DfT). The government has had a long-term plan to introduce E10 fuel to meet emissions targets, but the PRA ...
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News
PRA on track with new Government
PRA is well placed to press its case in the wake of new appointments to head all the government departments that have most impact on fuel retailers, according to PRA chairman Brian Madderson. He said: "I’m pleased that earlier this year RMI, with PRA, appointed new political lobbyists Pepper Public ...
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NewsPRA detects new pragmatic approach to E10
PRA chairman Brian Madderson believes the government is taking a more “realistic” and “pragmatic” approach to the introduction of E10 fuel, following a meeting with officials at the Department for Transport (DfT). The government has had a long-term plan to introduce E10 fuel to meet emissions targets, but the PRA ...
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News
Day in the Life: SB Prasad
A fter 35 years in business, the one thing I can say with some certainty is that although no two days are the same, they are always interesting. I’ll wake at 6am and spend 20 minutes doing some yoga, to set me up for the challenges ahead, before reviewing my ...
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NewsPRA gears up after Cabinet reshuffle
PRA is well placed to press its case in the wake of new appointments to head all the government departments that have most impact on fuel retailers, according to PRA chairman Brian Madderson. He said: “I’m pleased that earlier this year RMI, with PRA, appointed new political lobbyists Pepper Public ...
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News
PRA protests about plans to introduce E10
The PRA has written to transport minister Andrew Jones, raising its concerns that government ministers are drawing up plans to introduce new ‘green petrol’, in a move which will push up costs for UK fuel retailers and may force some out of business. As Forecourt Trader reported on Wednesday, members ...
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News
PRA and RAC clash over views on future fuel prices
Conflicting predictions about fuel prices have been released with the PRA warning they are set to continue rising into the summer, while the RAC said the upward trend was likely to stabilise. PRA chairman Brian Madderson said the increasing cost of oil, with Brent crude oil having risen 80% since ...
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Analysis
Brian Madderson - chairman PRA
As I travel around the UK meeting and talking to independent forecourt retailers, I have been struck by their enthusiasm to embrace the shopping revolution which has seen increasing demand for ’top-up’ visits to good, local convenience stores. Fortunately this enthusiasm has been matched by symbol groups willing to improve ...
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NewsPRA warns pump prices set to rise further
Fuel prices are set to continue rising into the summer the PRA chairman Brian Madderson has warned. He said the increasing cost of oil, with Brent crude oil having risen 80% since January of this year, was not yet fully reflected in prices at the pumps. Commenting on reports that ...
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NewsPRA rebuts profiteering claims
The PRA has reacted angrily to claims that fuel retailers are profiteering after rises of 4ppl in average retail fuel prices over the last month, and said dealers are doing everything they can to keep prices down. PRA chairman Brian Madderson commented: “The oil market has rebounded strongly pushing up ...
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News
PRA hails victory over rates
"A potential lifeline for small independent petrol filling stations" is the way the PRA has described the concessionary rates relief scheme announced by the Chancellor in his 2016 Budget. The PRA said small petrol filling stations (PFS) have been under intense pressure. A study it carried out with Experian Catalist ...
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News
PRA launches comprehensive online training programme
The Petrol Retailers Association (PRA) has joined forces with the Safety Pass Alliance (SPA) to offer a comprehensive online training programme for all forecourt operators and their employees. The e-learning package, developed in association with the SPA by the PRA’s technical team, Phil Monger and Ray Blake, gives employees a ...
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News
PRA welcomes lifeline for small filling stations
“A potential lifeline for small independent petrol filling stations” is the way the PRA has described the concessionary rates relief scheme announced by the Chancellor in his 2016 Budget. Small petrol filling stations (PFS) have been under intense pressure according to the PRA. It said a study carried out with ...
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News
Minister praises rapid chargepoint network
The UK has the most comprehensive rapid chargepoint network for electric vehicles in Europe, according to transport minister Andrew Jones. Speaking at Smarter Travel Live at the Arena MK in Milton Keynes, he said: “Plug-in vehicle registrations reached a record high in 2015, as 29,972 new ULEVs [ultra low ...
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NewsPRA welcomes fuel duty freeze
The PRA has welcomed the Chancellor’s announcement in today’s Budget that he will continue freezing fuel duty for a further 12 months until April 2017. PRA chairman Brian Madderson said: “The PRA has been lobbying Government and the Treasury on this – in particular outlining the potentially damaging effects ...
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NewsPRA urges chancellor to keep duty down
PRA chairman Brian Madderson has called on the Chancellor to heed his own words and keep fuel duty down in next week’s Budget. Five years ago, the Chancellor “put fuel in the tank of the British economy” by freezing fuel duty and leaving more cash in the hands of ...