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an international retail petroleum news digest<br />

www.erpecnews.com<br />

Phoenix Petroleum to build 100 outlets in 2012<br />

Independent fuel retailer Phoenix Petroleum<br />

Philippines Inc. is embarking on an<br />

aggressive expansion plan that will see the<br />

construction of around 100 petrol stations<br />

in 2012. Phoenix Petroleum AVP Raymond<br />

T. Zorrilla said the company would spend<br />

roughly 500 million peso to put up around<br />

40 petrol stations in Luzon next year; 20 in<br />

the Visayas; and 40 more in Mindanao, in<br />

Smuggling Iranian petrol cannot be stopped<br />

Customs officials in Quetta, Pakistan have<br />

admitted that smuggling of Iranian petrol<br />

and diesel through borders cannot be stopped<br />

due to extreme pressure of influential mafias<br />

and powerful gangs in Balochistan for which<br />

policy measures such as a legalisation on<br />

import of diesel / petrol from Iran and joint<br />

check posts of all law enforcement agencies<br />

along the coastal belt of Balochistan and<br />

Pak-Iran border land routes are needed.<br />

Railway land could earn billions<br />

In a historic development and on a unique<br />

idea, the Pakistan Railways and Pakistan<br />

State Oil are planning to enter into a<br />

joint venture for establishing petrol filling<br />

stations on the Railways’ land. Pakistan<br />

State Oil (PSO) has already identified<br />

the plots in major cities to establish the<br />

state-of-the-art filling stations. However,<br />

the legal process is yet to be completed<br />

a bid “to formalize our claim to be the leading<br />

independent player. We have a vision<br />

to become the leading independent player<br />

both in terms of network share and market<br />

share”, Zorrilla explained. Should all the 100<br />

stations be completed within 2012, Phoenix<br />

Petroleum would have a total of 320 outlets<br />

by the end of next year, from an estimated<br />

retail network count of 220 stations in 2011.<br />

Sources say that the Federal Board of Revenue<br />

(FBR) has received a comprehensive<br />

report on smuggling of Iranian petrol / diesel<br />

from Model Customs Collectorate (MCC)<br />

Quetta which has exposed all those involved<br />

in smuggling including influential and powerful<br />

mafias of Balochistan who pressurised<br />

the customs in the province not to hinder<br />

non-stop smuggling of POL products through<br />

Pakistan-Iran border.<br />

and a Pakistan Railways (PR) official –<br />

related to the development – stated that<br />

the deal would be made after discussing<br />

all aspects of the agreement. An official<br />

has stated that thousands of acres of the<br />

PR land could be used to earn billions of<br />

rupees annually. “It is the need of the hour<br />

that PR should scientifically develop the<br />

land it has”, he said.<br />

Issue No 15 | January / February 2012<br />

AsiA, Middle eAst & AfricA edition<br />

Discount station opens<br />

in Korea<br />

Korea’s first independent discount gas station<br />

has opened amongst controversy over<br />

state intervention in petrol prices. The<br />

much-touted outlet is a by-product of the<br />

government’s ambitious drive to contain<br />

sky-high fuel prices and take apart four<br />

major refiners’ tight control over domestic<br />

petrol supplies. Prices at the new station<br />

are significantly lower. “Since this outlet<br />

is based on the concept of social contribution,<br />

our profit margin is just enough to<br />

pay five employees and keep the business<br />

sustainable”, Eric Choi, Managing Director<br />

of Kyung Dong’s new business promotion<br />

unit said. To maintain low price tags, the<br />

government teamed up with two state-run<br />

firms to buy petrol in bulk from refiners<br />

and resupply it to other vendors. It aims to<br />

supply about 1 300 discount gas stations<br />

nationwide, or 10 percent of outlets by 2015.<br />

Will Caltex abandon<br />

refining in Australia?<br />

Another profit downgrade by Caltex has<br />

fuelled speculation the company might exit<br />

the oil refining business in Australia, leaving<br />

it a convenience retailer. Caltex forecast an<br />

after-tax operating profit, on a replacement<br />

cost of sales basis and including significant<br />

items, in the range of $ 180 million to $ 200<br />

million for the 2011 calendar year.<br />

erpecnews is published by McLean events in conjunction with PetrolPlaza – www.erpecnews.com


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erpecnews is published monthly by McLean Events<br />

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McLean Events<br />

essar increases domestic network<br />

Essar Oil MD and CEO LK Gupta have said<br />

that the company was planning to build a<br />

5 – 7.5 million tons-a-year oil refinery in<br />

Uganda. “There is a big oil find in Uganda<br />

and we believe that there is a possibility of<br />

building a refinery there”, Gupta said and<br />

added “Essar Oil was already in talks with<br />

the Ugandan government in this regard”.<br />

Gupta also said that Essar Oil had decided<br />

Golez files for pump calibration<br />

Bacolod Rep. Anthony Golez Jr. confirms that<br />

he has filed a bill for the creation of a “Fuel<br />

Pumps Calibration Act” House Bill 5 483<br />

requires the calibration of fuel pumps in all<br />

filling stations twice a month and imposes<br />

penalties for violations. “The problem of<br />

high fuel prices is compounded by the devious<br />

acts of filling stations that do not have<br />

properly calibrated fuel pumps. Retail fuel<br />

bangladesh talks to secure fuel supplies<br />

Bangladesh Petroleum Corporation is discussing<br />

long term contracts to import oil<br />

products to meet growing domestic demand<br />

in 2012. A team headed by BPC Chairman<br />

Mohammad Abu Bakar Siddique has held<br />

talks with Kuwait Petroleum Corporation<br />

(KPC), Emirates National Oil Company<br />

(ENOC), Malaysia’s Petronas, Egypt’s Middle<br />

East Oil Refinery and Philippines National<br />

Oil Company (PNOC) to discuss quantities<br />

LAteSt NeWS, eveNtS, JobS oNLINe – WWW.PetRoLPLAzA.CoM<br />

to step up its retail petrol sales in India by<br />

increasing its network of filling stations<br />

by about 25 percent. “We are opening 300<br />

more filling stations across the country in<br />

addition to our existing network of 1 300<br />

outlets”, said Gupta. Essar is expanding its<br />

retail petrol sales to take advantage of the<br />

market-linked pricing for the fuel, which<br />

was introduced last June.<br />

consumers do not get their money’s worth<br />

when the fuel pumps serving them are not<br />

properly calibrated.” He has said. His bill<br />

provides penalties that will make sure that<br />

filing station operators and owners will no<br />

longer resort to defrauding the consuming<br />

public. The proposed law also has a provision<br />

penalizing government officials who connive<br />

with owners or operators of filing stations.<br />

and price details. Bangladesh’s fuel oil imports<br />

are likely to more than double next year to<br />

around 1.65 million tonnes, while overseas<br />

purchases of diesel may rise about 25 percent<br />

to 3.74 million tonnes on growing domestic<br />

demand, according to a senior BPC official.<br />

Besides diesel and fuel oil, Bangladesh will<br />

import 385 000 tonnes of jet fuel, 100 000<br />

tonnes of 95-octane gasoline and 90 000<br />

tonnes of kerosene in 2012.<br />

Choice Petroleum goes independent<br />

One of the biggest pieces of Australian<br />

industr y news recently was the announcement<br />

independent fuel company<br />

Choice Petroleum had been acquired by<br />

Ausfuel, also an independent company.<br />

Choice Petroleum was established by<br />

Gladstone businessman Evan Ryan and<br />

started operations in 2000 and operates<br />

21 company-owned service stations.<br />

Choice also operates a fleet of fuel tankers<br />

supplying bulk fuel directly to farming<br />

Nigeria to merge PeF with larger organisations<br />

To resolve the conflicts and duplication<br />

of duties in the oil and gas industry, the<br />

Federal Government Parastatals and<br />

Agencies Restructuring and Rationalisation<br />

Committee, has recommended in its<br />

preliminary report that the Petroleum<br />

Equalisation Fund (PEF), Weights and<br />

Measures, in the Ministry of Trade and<br />

Investment be merged with bigger organisations<br />

with similar functions. It also<br />

called for the streamlining of the duties of<br />

customers. Ausfuel Group CEO Brooke<br />

David said the company was delighted to<br />

acquire Choice Petroleum, as it ensured<br />

it remained in independent hands. “Like<br />

the Ausfuel Group, Choice has a proud<br />

history of providing competition and a<br />

viable alternative to the multi-national<br />

fuel companies”, Mr. Brooke said. Choice<br />

coming on board expands the Ausfuel<br />

network into strategic parts of Queensland<br />

in a significant way.<br />

the Department of Petroleum Resources<br />

(DPR). The committee has submitted its<br />

preliminary report to the Secretary to<br />

Federal Government.In the report the<br />

committee recommended that PEF, which<br />

oversees refunds for bridged petroleum<br />

products in the country, be merged with<br />

the Petroleum Products Pricing Regulatory<br />

Agency (PPPRA), while the Weights and<br />

Measures be fused with the Standards<br />

Organisation of Nigeria (SON).


Can foreign companies break Chinese duopoly?<br />

Gas station revenue in China is expected<br />

to total $ 173.4 billion by the end of 2012,<br />

up 13.5 percent on 2011, with an annualized<br />

growth rate of 16.4 percent in the past<br />

five years, according to IBISWorld. The<br />

industry currently consists of a duopoly<br />

of two state-owned oil companies, China<br />

Petrochemical Corporation (Sinopec) and<br />

China National Petroleum Corporation.<br />

Controversial station set to open in Malaysia<br />

A petrol station in Batu Ferringhi which was<br />

completed more than a year ago but could not<br />

operate because the local council refused to<br />

grant it a licence is now set to open. It was<br />

mired in controversy earlier as the residents<br />

were against the project which due to structural<br />

defects, caused underground water to overflow<br />

during piling works. Things came to a head<br />

last year when exasperated residents wrote to<br />

blended fuel back on market in zimbabwe<br />

Greenfuel has started distributing ethanol to fuel<br />

dealers for blending with petrol, which should see<br />

prices falling. The company announced this week<br />

that about 12 fuel stations were already selling<br />

blend fuel, a mixture of 10 percent ethanol and<br />

90 percent petroleum. The ethanol component<br />

New fuel prices in tanzania worries motorists<br />

Motorists in Tanzania will have to dig deeper<br />

to purchase petroleum products following a<br />

decision by the Energy and Water Utilities<br />

Regulatory Authority (Ewura) to raise prices.<br />

Price increases have been justified due to<br />

increases of wholesale on the world markets.<br />

totAL to launch solar powered fuel station<br />

TOTAL Ethiopia has inaugurated a solar<br />

powered fuel station in the Djibouti corridor<br />

according to Haile Eyesus, Communications<br />

and Public Affairs Manager of TOTAL. The<br />

fuel station will be the first solar powered station<br />

in East Africa he said. TOTAL selected<br />

the Diciotto area for constructing the fuel<br />

station because of it is high temperatures and<br />

sunshine. Dicotto was utilizing two generators<br />

PetroSA to enter downstream market<br />

National oil company PetroSA has “firmed up”<br />

plans to enter the local downstream market<br />

and is eyeing assets disposed of by major oil<br />

companies, says its acting CEO Yekani Tenza.<br />

This means that PetroSA is more interested<br />

in snapping up existing assets than building<br />

its own network from scratch, a move that<br />

could be costly and time-consuming. PetroSA<br />

The industry is heavily influenced by the<br />

vertical integration these companies, which<br />

control crude oil mining and the importation<br />

of petroleum products and own most of the<br />

large refineries in China. These two firms<br />

also jointly own over half of the gas stations<br />

in China. Sinopec and CNPC gas stations<br />

have competitive advantages in fuel supply,<br />

funding and technologies.<br />

the Penang Island Municipal Council (MPPP),<br />

calling for urgent repair works by the developer.<br />

Despite the completion of the petrol station,<br />

MPPP temporarily suspended the granting<br />

of Certificate of Fitness for occupation (OC),<br />

subject to the completion of remedial works.<br />

The developer had finished rectifying the<br />

damage recently to restore normalcy in the<br />

neighbourhood as instructed by MPPP.<br />

will replace imports in equal measure, saving<br />

the country foreign currency and cushioning it<br />

from global price shocks. Petrol blending will<br />

also enable dealers to cut significantly on the<br />

costs of transportation and reduce constraints<br />

associated with importation of petrol.<br />

However fuel companies have the freedom to<br />

sell their products at prices which give them<br />

a competitive advantage provided that the<br />

price does not surpass Ewura’s approved rates.<br />

Petrol station owners are obliged to publish<br />

new prices on clearly visible boards.<br />

previously but now generates power from solar<br />

panels during the day and the power supply<br />

from the Ethiopian Electric Power Corporations<br />

as back up explained Haile. The solar<br />

batteries that provide electricity for the fuel<br />

station can supply power for 12 hours he added.<br />

The TOTAL Ethiopia board will approve the<br />

launch of other solar fuel stations after the<br />

Diciotto station shows first operational results.<br />

is currently not involved in downstream market<br />

activities, even though it produces petrol,<br />

diesel, kerosene, fuel oil, liquefied petroleum<br />

gas and other products from its gas-to-liquids<br />

refinery at Mossel Bay in the Western Cape.<br />

The products from the refinery are distributed<br />

through oil companies under their own brand<br />

names in various Cape regions.<br />

LAteSt NeWS, eveNtS, JobS oNLINe – WWW.PetRoLPLAzA.CoM<br />

NeWS – MIDDLe eASt, AFRICA & ASIA<br />

3


NeWS – eURoPe<br />

4 LAteSt NeWS, eveNtS, JobS oNLINe – WWW.PetRoLPLAzA.CoM


Petron to invest in Malaysian fuel retailer<br />

Petron has said that it will make investments<br />

in the retail business of ExxonMobil Corp.<br />

in Malaysia. It was earlier reported that San<br />

Miguel Corp., the parent company of Petron,<br />

last year acquired ExxonMobil’s 65 percent<br />

stake in Malaysian oil refiner Esso for $ 610<br />

million. San Miguel said that the agreement<br />

also includes the acquisition ExxonMobil’s oil<br />

retail units in Malaysia, namely ExxonMobil<br />

Hundreds of petrol stations leaking fuel<br />

In Australia, more than 900 New South Wales<br />

petrol stations and depots could be leaking fuel<br />

into soil and groundwater official data shows.<br />

Figures contained in a NSW Auditor-General<br />

report released late last year show 770 service<br />

stations and 176 other petroleum sites were<br />

actually or potentially contaminated, with<br />

many leaking fuel from underground tanks. In<br />

two of the worst confirmed cases, high levels<br />

SoN begins testing of petroleum products<br />

As parts of efforts to ensure that adulterated<br />

petroleum products no longer get to<br />

the Nigerian market, Standards Organisation<br />

of Nigeria (SON) is looking closely at<br />

the distribution chain. Director-General<br />

of SON, Mr. Joseph Odumodu said “right<br />

from the landing point to the pump point,<br />

petroleum products will be tested and given<br />

Pertamina to build terminal in Riau Islands<br />

Indonesian State oil and gas firm PT Pertamina<br />

announced that it would set up a new fuel<br />

terminal on Sambu island, Riau Islands, with<br />

a total capacity of 300 000 kilolitres in a bid<br />

to strengthen the national fuel stock. The<br />

terminal, worth US $ 50 million, would consist<br />

of storage and three docks for vessels with a<br />

maximum capacity of 100 000 dead weight<br />

tons (DWT), the company’s Spokesperson,<br />

NUPeNG plans mega stations in 774 LGAs<br />

In order to make petroleum products available<br />

nationwide at the official pump price, the<br />

National Union of Petroleum and Natural Gas<br />

Workers (NUPENG) has concluded plans to<br />

have its own mega filling stations in each of<br />

the 774 Local Government Areas (LGAs) in<br />

the country. The President of the union, Igwe<br />

Achese, revealed this in Calabar during the<br />

Malaysia Sdn Bhd and Exxon Mobil Borneo.<br />

Physical assets include the Port Dickson refinery<br />

with a rated capacity of 88 000 barrels<br />

per day; seven fuel distribution terminals; and<br />

a network of roughly 560 branded service<br />

stations, 420 of which are company-owned.<br />

Petron has almost 1 800 service stations<br />

nationwide, the largest network in the fuel<br />

industry by far.<br />

of the cancer-causing agent benzene leaked<br />

from a petrol station were detected beneath a<br />

waterfront park and elevated concentrations<br />

of a toxic chemical mix were recorded inside a<br />

home near another service station. Some fuel<br />

companies, including BP, Caltex and Mobil,<br />

class all petrol station sites as potentially<br />

contaminated and refer them to authorities<br />

as a matter of precaution.<br />

pass mark or otherwise”. “Anyone or station<br />

found wanting should know that such station<br />

be closed and the people behind such<br />

irregularities will be made to face the law”,<br />

Odumodu warned. “We are not only carry<br />

out the testing at the landing points at the<br />

ports, we are also taking it to all 15 000<br />

filling stations across the country.”<br />

Mochamad Harun, reported. The construction<br />

of the facilities is expected to be completed<br />

in 2013 and is also expected to optimize the<br />

potential of Sambu Island as a fuel business<br />

hub in Southeast Asia. Pertamina distributes<br />

60 million kilolitres annually. It has six<br />

refineries, more than 130 tankers, 160 fuel<br />

terminals, 2 688 tank trucks, over 4 800 fuel<br />

stations and 15 000 employees.<br />

natio nal training workshop for saying the pro -<br />

ject tops the union’s investment agenda. Achese<br />

explained that the mega stations would help<br />

create employment opportunities for deserving<br />

Nigerians even as it would ensure that all<br />

marketers within sell according to government<br />

litre price and thus bring to an end disparity<br />

in the pump price of petroleum products.<br />

Mozambique launches tender for fuel stations<br />

The Mozambican National Energy Fund<br />

(Funae) has launched a public tender to hire<br />

a company to build fuel supply stations in<br />

rural areas. The project is expected to take<br />

six months to build once the tender has been<br />

awarded. The fuel stations will be built in<br />

17 rural districts in the south, centre and<br />

north of the country.<br />

LAteSt NeWS, eveNtS, JobS oNLINe – WWW.PetRoLPLAzA.CoM<br />

NeWS – MIDDLe eASt, AFRICA & ASIA<br />

Ptt talks expansion<br />

plans in Cambodia<br />

Thailand’s state-owned energy firm PTT<br />

Plc has said it will expand its oil retail<br />

operations in Cambodia. PTT plans to<br />

open more than 20 new petrol stations<br />

in Cambodia during the next five years,<br />

with up to six stations starting business<br />

in 2012, Bin May Mailia, a Manager for<br />

PTT in Cambodia, has said. “We want<br />

to have the complete business chain in<br />

Cambodia, both retail and oil production.”<br />

Competition among oil retailers in<br />

Cambodia is growing rapidly, a manager<br />

at Kampuchea Tela Co Ltd said that the<br />

Cambodian-owned company, which has<br />

about 40 service stations in the country,<br />

aims to open as many as 15 new stations<br />

this year, requesting anonymity<br />

because he was not authorised to speak<br />

to the media.<br />

vietnam checks<br />

gasoline quality<br />

Vietnam’s quality watchdog has said that<br />

it has started checking gasoline quality<br />

on suspicion that poor-quality fuel was<br />

related to recent vehicle fires. Tran Van<br />

Vinh, Deputy Chief of the Directorate<br />

for Standards, Metrology and Quality,<br />

said his agency took samples from the<br />

provinces and cities where the fires took<br />

place, especially at gasoline stations<br />

where the owners of burned vehicles<br />

made purchases before the incidents. In<br />

an interview Vinh said probably after 11<br />

fuel traders in Ho Chi Minh City were<br />

found selling low-performance gasoline<br />

(A83) under the labels of high-performing<br />

ones – A93 and A9, other traders mixed<br />

some additives into their products to increase<br />

performance. The additives were<br />

probably related to the fires, he said.<br />

Shell oman Retail<br />

record<br />

Shell Oman Marketing Company declared<br />

to have crossed a record retail sales volume<br />

of over 1.5 billion litres of fuel in 2011.<br />

Shell Oman has a growing network that<br />

currently consists of 144 stations. An independent<br />

market research conducted in Q3<br />

2011, indicated that Shell Oman successfully<br />

covers 95 percent of the population<br />

through its conveniently located stations.<br />

The market research also shows that Shell<br />

Oman is leading on key factors like brand<br />

preference and customer satisfaction.<br />

5


6<br />

NeWS – MIDDLe eASt, AFRICA, ASIA & eURoPe<br />

NeWS – MIDDLe eASt<br />

Sasol output and<br />

supply on track<br />

Sasol Ltd.’s production and supply of all<br />

fuel variants from its South African refineries<br />

are on track, spokeswoman Jacqui<br />

O’Sullivan said in an e-mailed statement<br />

from Johannesburg. Chevron Corp.’s South<br />

African unit, which operates Caltex fuel<br />

stations throughout the country, said the<br />

nation’s “inland refineries”, which aren’t<br />

operated by Chevron, are experiencing<br />

production problems.<br />

Libya builds economy<br />

beyond oil<br />

Libya’s new regime wants to move quickly<br />

to reshape a Libyan economy almost completely<br />

dependent on oil and gas. “We have<br />

had our political revolution. Now we need<br />

an economic revolution”, interim Economy<br />

Minister Tahar Sharkass has said. Petrol<br />

in Libya remains king, counting for more<br />

than 98 percent of export receipts. With<br />

oil companies, both national and international,<br />

hard at work to reopen the taps, oil<br />

production reached 700 000 barrels a day<br />

by the end of 2011, still only a fraction of<br />

the 1.6 million barrels per day that pumped<br />

out of Libya before the uprising.<br />

Government wants<br />

discount gas stations<br />

South Korea has been waging an uphill<br />

battle to bring down the prices of retail<br />

petroleum products. Its efforts have<br />

culminated with the Ministry of Knowledge<br />

Economy announcing a plan to<br />

convert 10 percent of Korea’s gas stations,<br />

1 300 outlets, into discount gas stations<br />

by 2015. The scheme is aimed at infusing<br />

competition in the domestic market, which<br />

the ministry thinks is being dominated<br />

by a cartel of four refiners, SK Energy,<br />

GS-Caltex, S-Oil and Hyundai Oilbank.<br />

These discount gas stations, ministry officials<br />

hope, would be able to pull down<br />

gas prices at the pump by up to 100 won<br />

per litre. To offer such a large price cut,<br />

the new stations will feature self-serve<br />

pumps and provide no promotional gifts.<br />

oMv appoints Deutsche bank<br />

Among other tasks, this includes the assess -<br />

ment of the divestment potential and the initiation<br />

of discussions with prospective buyers.<br />

In line with the OMV strategy, the possible<br />

sale of the 45 percent stake in the Bayernoil<br />

refinery network will also be evaluated. This<br />

would involve a reduction in the annual refining<br />

capacity by 4.6 to 17.7 million tones. The<br />

OMV strategy aims to sharpen and simplify<br />

the company portfolio. This includes gradu-<br />

Lotos to open more economy­class stations<br />

Polish retailer, Lotus fuel group plans to open<br />

another 50 economy-class stations known<br />

Romania antitrust body fines oil firms<br />

“Romania’s competition watchdog levied fines<br />

totalling 880 million lei (US $ 257 million)<br />

on oil companies including the country’s<br />

largest firm Petrom for breaking anti-trust<br />

rules”, the Agency’s Director has said. The<br />

watchdog also fined local units of OMV<br />

(Petrom’s owner) and Rompetrol Downstream,<br />

along with MOL, Lukoil and ENI,<br />

for having an understanding to withdraw a<br />

Ukraine fuel prices brought into line with europe<br />

Prices of petrol in Ukraine, not taking into<br />

account tax, are comparable to European<br />

prices, TNK-BP Commerce’s Vice President<br />

for Sales, Trading and Logistics Olena Alekseyeva<br />

has said. Alekseyeva said that the<br />

average price of A-95 petrol in Ukraine, not<br />

taking into account tax, is 0.58 euros per<br />

litre, while in most European countries it is<br />

Statoil expands network in Russia<br />

Statoil Nefto, a subsidiary of Statoil Fuel &<br />

Retail, has signed a purchase agreement to<br />

acquire seven strategically located service<br />

stations, strengthening its presence in northwest<br />

Russia. Following the purchase, Statoil<br />

Fuel & Retail now has 26 Statoil stations<br />

in Russia. “The acquisition offers us the<br />

opportunity to expand our existing network<br />

of well-maintained, new concept stores<br />

delivering best-in-class customer service in<br />

the north-west part of Russia”, says Sandis<br />

Steins, Business Unit Leader for Statoil<br />

Fuel & Retail in Russia. The stations will<br />

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ally shifting the portfolio away from R&M<br />

towards Exploration and Production and Gas<br />

and Power. In this context, OMV’s Turkish<br />

subsidiary, OMV Petrol Ofisi, already sold its<br />

52 percent stake in the Cypriot retail company<br />

Kibris Türk Petrolleri Limited Sirketi at the<br />

end of November 2011. Furthermore, a release<br />

issued on 6th December, 2011 announced the<br />

intention to sell the subsidiary companies in<br />

Croatia and Bosnia-Herzegovina.<br />

as Lotos Optima in 2012, after launching<br />

the initial 50 in 2011, deputy CEO Maciej<br />

Szozda told a press conference. “We intend<br />

to double the number of Lotos Optima<br />

stations in 2012, we want to have 100 of<br />

them”, Szozda said. “We are also developing<br />

the premium chain and in 2011 opened 26<br />

new stations. At the end of 2011 the group<br />

had altogether 362 stations with the Lotos’<br />

share of the wholesale market at 33 percent”.<br />

certain type of fuel from the market in 2008.<br />

The fines amount to roughly 3 percent of<br />

the companies’ combined turnover in 2010,<br />

competition watchdog director Bogdan Chiritoiu<br />

has said. OMV has issued a statement<br />

saying that fines imposed on OMV Petrom<br />

SA and OMV Petrom Marketing SRL were<br />

unjustified and will therefore challenge the<br />

Competition Council’s decision in the courts.<br />

around 0.62 – 063 euros per litre. The level<br />

of tax for A-95 petrol in Ukraine reaches<br />

0.36 euros per litre and in Europe it is 0.60 –<br />

0.90 euros per litre and higher. “The pace of<br />

fuel prices in Ukrainian retail is following<br />

European trends. If we take the price of fuel<br />

without taxes in our country and in Europe,<br />

it would not be much lower.”<br />

be rebranded to Statoil. The agreement is<br />

subject to the approval of Russian competition<br />

authorities (FAS). Statoil Fuel & Retail<br />

launched its service station operations in<br />

Russia in 1993. It currently has a network of<br />

19 full-service stations in north-west Russia.


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8<br />

Petrol Group opens<br />

new fuel stations<br />

Petrol Group d.d. has opened six new petrol<br />

stations in the Balkans to strengthen its<br />

foothold in the region operating now a<br />

fuel network of 455 outlets. The Slovenian<br />

company also plans to offer other sources<br />

of energy at its retail network. Petrol, Slovenia’s<br />

biggest public company by revenue<br />

last year, has been expanding its retail<br />

network in the Balkans as the region moves<br />

closer to the European Union to benefit<br />

from expanded business and trade. Last<br />

December the company sold 33 million<br />

euros (US $ 43 million) of corporate bonds<br />

to finance investment and adjust its debt.<br />

Resignations after<br />

turcas sells stake<br />

Turcas Petrol AS, a Turkish fuel retailer<br />

owned by Aksoy Holding AS, has sold its<br />

25 percent stake in Socar & Turcas Enerji<br />

to the State Oil Co. of Azerbaijan, known<br />

as Socar. Turcas also bought 18.5 percent of<br />

Socar & Turcas Rafineri AS from Socar &<br />

Turcas Enerji, as part of a plan to shift its<br />

business from petrochemicals to fuel retailing<br />

and refining. Erdal Aksoy and Saffet Batu<br />

Aksoy resigned from the executive board of<br />

Petkim Petrokimya Holding AS, Turkey’s<br />

biggest chemicals maker controlled by<br />

Socar & Turcas Enerji AS, Petkim said in<br />

a statement to the Istanbul Stock Exchange.<br />

oPW & FuelQuest<br />

OPW Fueling Components EMEA and<br />

FuelQuest Inc announce a global partnership<br />

agreement. Fuel operators are now<br />

able to enjoy the benefits of proactive tank<br />

monitoring integrated with fuel management<br />

automation software and services to<br />

reduce fuel costs, lower working capital<br />

requirements, identify incidences of theft,<br />

and improve environmental compliance.<br />

NIS to spend US $ 158 million in Serbia<br />

Naftna Industrija Srbije AD, a Serbian oil<br />

company controlled by OAO Gazprom Neft,<br />

plans to spend as much as 13 billion dinars<br />

bP buys into negative carbon fuel<br />

BP has invested in yet another biofuels<br />

startup. CoolPlanet BioFuels, a startup out<br />

of Camarillo, Calif., has developed so-called<br />

negative carbon fuels that look (chemically)<br />

like crude oil, but does not contain carbon.<br />

BP paid US $ 98.3 million last year to buy<br />

the biofuel unit of Verenium and has invested<br />

in Synthetic Genomics, among others. BP<br />

didn’t disclose the amount of this latest<br />

GFI Group & Petrol energetika agreement<br />

GFI Market Data, a division of GFI Group<br />

Inc., announced that it has entered into an<br />

agreement with Petrol Energetika, a leading<br />

Slovenian energy company and the principal<br />

supplier of oil and other energy products to<br />

the Slovenian market. Petrol Energetika will<br />

use GFI market data to gain an insight into<br />

markets with limited liquidity as well as<br />

Gazprom pursues oMv’s Croatian and bosnian assets<br />

OAO Gazprom Neft from Russia is interested<br />

in buying OMV AG’s filling stations in Bosnia-<br />

Herzegovina and Croatia. “We will pursue<br />

projects if they create added value”, Deputy<br />

Chief Executive Officer Vadim Yakovlev said<br />

in St. Petersburg. Gazprom Neft has the<br />

“financial capacity” for acquisitions, he said.<br />

OMV, announced recently that it plans to sell<br />

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(US $ 158 million) to renovate as many as<br />

250 of its gas stations in the country, the<br />

company’s chief executive officer said. Work<br />

to overhaul the stations should be complete<br />

by 2015. The company operates a network<br />

of more than 400 filling stations and are<br />

looking at the profitability of the remaining<br />

un-renovated stations and could either lease<br />

them out or sell them. NIS is 56.15 percent<br />

owned by Gazprom Neft and the Serbian<br />

government has a 29.87 percent stake.<br />

investment, which was part of a series C<br />

funding round led by Shea Ventures. However,<br />

CoolPlanet did say the financing round was<br />

wrapped up ahead of schedule so it could<br />

accelerate the development of its modular<br />

fuel production plants. The company says<br />

it expects to deploy hundreds of “relatively<br />

low-cost modular plants” around the U.S.<br />

in the next few years.<br />

those that are in the process of deregulating<br />

or have done so recently. Shai Popat, Head<br />

of European Sales at GFI Market Data said:<br />

“We will strive to provide them with the best<br />

quality data in energy and the commodities.<br />

Our data derives from EnergyMatch ® Europe,<br />

our world-class electronic trading platform<br />

for energy and commodities”.<br />

its Balkan subsidiaries as it seeks to dispose<br />

of 1 billion euros of less profitable assets.<br />

The Croatian unit has 63 filling stations and<br />

a market share of about 13 percent, while in<br />

Bosnia, OMV has 28 filling stations and an 8<br />

percent share. The sale also attracted interest<br />

from OAO Zarubezhneft, a Russian oil-pipeline<br />

operator, which submitted an offer last month.


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NeWS – eURoPe<br />

10<br />

Medvedev orders<br />

clampdown<br />

Russian President Dmitry Medvedev has<br />

ordered the head of Russia’s anti-monopoly<br />

service (FAS) to closely monitor retail<br />

vehicle fuel prices, with any baseless<br />

increases met with swift legal measures.<br />

The Energy Ministry said: “The recent rise<br />

in excise duty on fuel products should not<br />

lead to a one-off ‘shock’ rise in gasoline<br />

and diesel prices.” A series of measures<br />

were taken in 2011 aimed at stabilizing<br />

the domestic fuel market. High-octane<br />

gasoline for the domestic market rose<br />

7.3 percent and winter diesel fuel 5 percent.<br />

Fuel stocks at oil refineries and oil<br />

depots last year almost doubled from<br />

2010. Fuel shortages occurred in Russia<br />

last year after oil companies suspended<br />

deliveries complaining that pressure from<br />

government to hold down retail prices<br />

made sales less profitable in the country<br />

than selling abroad.<br />

eU directive comes<br />

into effect<br />

On 1st January 2012, the EU directive<br />

(2009/126/EC) on vapour recovery became<br />

effective. This directive tightens<br />

the recovery efficiency, definings a maximum<br />

allowed deviation of +/- 5 percent.<br />

Monitoring is optional, but the mandatory<br />

inspection interval can be increased from<br />

once every two years to every third year<br />

when a monitoring system is installed. The<br />

requirements in this directive are for new<br />

or refurbished stations. It affects stations<br />

with a throughput exceeding 500 m³ per<br />

year, or 100 m³ if it is located under a<br />

building. Existing service stations with<br />

a throughput in excess of 3 000 m³ per<br />

year are required to be equipped with<br />

vapour recovery systems by no later than<br />

31st December 2018. Where a monitoring<br />

system is included, there will typically<br />

be a requirement to integrate this with<br />

the POS system.<br />

NIS opens petrol<br />

stations in bulgaria<br />

Petroleum Industry of Serbia (NIS) plans<br />

to buy 20 petrol stations in Bulgaria, Serbian<br />

newspapers report. According to NIS<br />

deputy general director Nicolaus Petri the<br />

company plans to buy petrol stations in<br />

Romania as well. He said, “NIS wanted<br />

to set up a chain of 80 petrol stations in<br />

Bulgaria in the next two years”.<br />

PKN orlen may join with Lotos<br />

The sale of Lotos Group, Poland’s second-largest<br />

refiner is slow and final bids were due by 20th<br />

December. But many expect the process will end<br />

without a winner, speculation is rising that the<br />

government will return to its time-worn formula of<br />

trying to join Lotos with its larger state controlled<br />

rival, PKN Orlen. Press reports have citied four<br />

bidders shortlisted for Lotos, which has a refinery<br />

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in northern Poland, a network of petrol stations<br />

and some extraction on the Baltic Sea: Russian<br />

TNK-BP, Hungary’s MOL, Mercuria Energy and<br />

Burgan Capital Investment of the UAE. The<br />

likeliest partners are thought to be Russian oil<br />

majors, as Lotos may make a decent fit into their<br />

central European strategy – but investments by<br />

Russia are still regarded with suspicion.<br />

tAtNeFt station network in belarus<br />

The first filling station of TATNEFT in the<br />

Republic of Belarus has opened and construction<br />

of the second filling station was<br />

completed. Both are now operational and at<br />

this time construction and installation works<br />

were approaching completion and preparing<br />

for commissioning of six other stations.<br />

Motorists are offered high-quality gasoline,<br />

diesel fuel & gas and plans envisage opening<br />

Imaging innovation talk of ‘new petroleum age’<br />

One of the world’s leading energy companies,<br />

Norway’s Statoil ASA, has gone public with a<br />

scientific innovation that it says will drastically<br />

reduce the costs and risks of discovering new<br />

deposits of fossil fuels. Already employed by<br />

Statoil worldwide over the past few years, the<br />

technique especially improves the odds of<br />

finding oil and gas in unexplored regions that<br />

have never felt the bite of a drill’s bit, said Helge<br />

optima considers buying oMv units<br />

Bosnia’s Optima is interested in taking over<br />

Austrian oil and gas group OMV AG’s petrol<br />

stations in Croatia and Bosnia as part of plans<br />

to expand across the Balkans. Jurij Belov, the<br />

General Manager of Optima Group, which<br />

operates Bosnia’s sole oil refinery Brod and<br />

the Nestro petrol retail chain, said regional<br />

expansion was one its strategic goals. “We<br />

are very interested in entering the Croatian<br />

shops soon. Additional equipment installed<br />

at the fuel-dispenser allows processing bank<br />

and fuel cards. Irek Gafiyatullin, Director of<br />

“Tatbelnefteprodukt”, the TATNEFT company’s<br />

regional structure, noted that the new station<br />

had been equipped with foreign equipment<br />

and all the instrumentation had been produced<br />

in Belarus. 21 new job positions have been<br />

created thanks to Tatarstan’s investor.<br />

Løseth, one of the Statoil geologists behind<br />

the innovation, published in last Decembers<br />

issue of the journal Geology. Everywhere, he<br />

said, “you increase the likelihood of striking<br />

oil quite significantly”. Independent geologists<br />

expect Statoil’s seismic leap, while perhaps not<br />

exclusive to the company, will ripple through<br />

the industry, becoming a standard tool over<br />

the next few years.<br />

market and taking over OMV’s retail chain<br />

there, as well as in Bosnia.” OMV operates<br />

63 retail units in Croatia and holds a 13 percent<br />

market share there, while in Bosnia it<br />

runs 13 units and has an 8 percent market<br />

share. Optima Group, owned by Russian<br />

firm Neftegazinkor, a unit of state-run Zarubezhneft,<br />

has a retail network of 88 petrol<br />

stations in Bosnia.<br />

No postponement for mandatory level gauges<br />

Bulgarian filling station owners will get no<br />

postponement for installing mandatory level<br />

gauges, said Rosen Bachvarov, Spokesperson<br />

of the National Revenue Agency (NRA)<br />

on Monday. Industry representatives have<br />

warned that the requirement to mount the<br />

equipment by end – March will lead to the<br />

Lithuania’s vakoil turnover almost doubles<br />

Vakoil, the Lithuanian chain of petrol stations,<br />

boosted its turnover by about 96 percent to<br />

25.7 million litas (7.33 million euros) over<br />

the first nine months of the year 2011. The<br />

growth of the turnover was determined by new<br />

forced closure of thousands of filling stations,<br />

leaving 4 000 workers unemployed. “We<br />

remain open to dialogue on the technical<br />

requirements”, Bachvarov said. Since taking<br />

office we have already uncovered some<br />

24 million leva in hidden turnover amid<br />

falling fuel consumption.<br />

contracts with more than 160 companies, the<br />

company’s head Povilas Ugianskis said. In the<br />

third quarter of 2011 the turnover of Vakoil<br />

totalled 9 million litas (2.56 million euros),<br />

an annual increase of 50 percent year-on-year.


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12<br />

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Gazprom Neft buys stations in bulgaria<br />

Last November it was reported that Gazprom<br />

Neft was planning to acquire seven filling<br />

stations in the country through NIS Petrol,<br />

a subsidiary of Gazprom Neft’s Serbian<br />

unit Naftna Industrija Srbije. At that time,<br />

the company asked Bulgaria’s competition<br />

regulator to approve the acquisition of the<br />

fuel stations. NIS Petrol has now filed a<br />

similar request to gain control over the other<br />

New owners at Motor Fuel Group<br />

Last December one of the UK’s leading<br />

independent forecourt operators, Motor<br />

Fuel Group (MFG), was acquired by a<br />

new management team. To support the<br />

MFG management team’s plans to grow<br />

the business via capital expenditure and<br />

acquisitions, MFG has agreed to appoint<br />

Jeremy Clarke as its managing director.<br />

Jeremy will join MFG once he has fulfilled<br />

his contractual obligations to Murco<br />

Rosneft wins trademark infringement suit<br />

A court has awarded Rosneft oil company<br />

US $ 95 000 in its trademark infringement<br />

lawsuit against EKA-AZS fuel company,<br />

which operates a large chain of filling stations,<br />

the Russian Legal Information Agency<br />

reported. The judge reduced the amount of<br />

compensation claimed by Rosneft. The oil<br />

giant initially sought to recover 5 million<br />

rubles (US $ 158 400). The parties told the<br />

court they entered into a franchise agree-<br />

Petroleum as Marketing Director. The<br />

new team is backed by the pan European<br />

institutional investor, Patron Capital and<br />

together they are focussed on growing<br />

and developing the MFG business into<br />

one of the most dynamic and profitable<br />

independent forecourt operators in the UK<br />

currently operating 58 stations throughout<br />

the UK operating under the BP, Shell, Esso,<br />

TOTAL and Jet brands.<br />

ment in 2005 for a term of 5 years, under<br />

which EKA-AZS paid US $ 1 000 for the<br />

right to use Rosneft’s trademarks to sell<br />

fuel at 40 filling stations. Rosneft maintains<br />

the defendant illegally used trademarks<br />

for five months after the contract expired<br />

on 29th September 2010. EKA-AZS fuel<br />

company was founded in 1992. It is engaged<br />

in oil products retail and wholesale<br />

distribution.<br />

Antimonopoly watchdog fines LUKoIL<br />

Russia’s antimonopoly service has fined<br />

LUKOIL US $ 19.5 million within the “third<br />

wave” of antitrust cases against Russian oil<br />

giants, the watchdog announced. LUKOIL<br />

is the fourth out of five oil companies which<br />

have been fined for manipulating fuel prices<br />

in 2011. The antimonopoly watchdog had<br />

already fined several oil companies. Rosneft<br />

was fined 1.75 billion rubles (US $ 56.2 million);<br />

Gazprom Neft – 979.3 million rubles<br />

zarubezhneft buying sites in Croatia & boznia<br />

OAO Zarubezhneft, a Russian oil pipeline<br />

operator, has offered to buy filling stations<br />

from OMV AG in Croatia and Bosnia-<br />

Herzegovina as part of its expansion in the<br />

Balkans. Zarubezhneft General Director<br />

Nikolay Brunich told reporters in Zagreb<br />

OMV of Austria is selling subsidiaries in<br />

Croatia and Bosnia as they have decided to<br />

focus more on exploration and production.<br />

The Moscow-based company also plans to<br />

invest more than 1 billion euros to build<br />

seven fuel stations. Gazprom Neft has so far<br />

declined to provide details about its future<br />

operations in Bulgaria. Market sources<br />

claim that the company targets to have 70<br />

filling stations by end-2013. According to<br />

Andrei Delchev, chairperson of the Bulgarian<br />

Petrol and Gas Association, Gazprom<br />

aims to capture an eight per cent share of<br />

the country’s retail fuel market.<br />

(US $ 31.5 million) and Bashneft – 778 million<br />

rubles (US $ 25 million). The watchdog has<br />

yet to impose a penalty on TNK-BP which<br />

was found guilty of fuel price manipulations.<br />

LUKOIL reported last November that the<br />

Federal Antimonopoly Service increased<br />

the total amount of penalties to be imposed<br />

on oil companies within the “third wave”<br />

of antitrust cases from US $ 17 to US $ 27<br />

million as of 30th September.<br />

an oil products pipeline. “The projected<br />

pipeline would increase export of oil derivatives<br />

from refineries in Brod and Sisak”,<br />

Brunich said. The link would pass through<br />

Bosanski Brod in Bosnia-Herzegovina and<br />

Zagreb. Zarubezhneft also plans to compete<br />

for oil and gas exploration licenses in nine<br />

locations in Croatia, according to Brunich.<br />

Some of the sites were explored by Industrija<br />

Nafte until the government revoked<br />

its license last year.<br />

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NeWS – eURoPe<br />

13


PRoDUCt NeWS All text on this page is submitted and written by suppliers. Please email product news to editor@erpecnews.com<br />

14<br />

GvR signs definitive<br />

contract<br />

Gilbarco Veeder-Root has signed a definitive<br />

agreement to acquire the shares of ACIS<br />

Benzinkuttechnika Kft., based in Budapest,<br />

Hungary and ACIS Petrolservice Srl., based<br />

in Vlahita, Romania, including their operations<br />

in Serbia, Bosnia, Croatia, Montenegro<br />

and Bulgaria. The agreement is subject<br />

to approval by anti-trust authorities and<br />

customary closing conditions. The ACIS<br />

group of companies is a leading forecourt<br />

construction and maintenance provider in<br />

Central Eastern Europe, a leader in sales<br />

and service of petrol station equipment and<br />

firmly established as supplier of POS and<br />

payment systems. ACIS has also developed<br />

highly successful and fast-growing subsidiaries<br />

and with its team of more than 280<br />

associates – including more than 170 highly<br />

experienced service engineers – ACIS has<br />

built up an industry-leading installed base,<br />

excellent customer references and a superb<br />

reputation for first-class forecourt solutions.<br />

Australian company<br />

is pumping up<br />

Fuel leaking onto cars and clothing could be<br />

a thing of the past thanks to a Maryborough<br />

company that has been awarded multi-million<br />

dollar contracts with two major fuel companies.<br />

Pacific Gauges has been awarded<br />

contracts to supply fuel nozzles to Caltex<br />

and United Fuels and expect other majors to<br />

sign up. The five-year-old business has been<br />

importing American-made fuel nozzles for the<br />

past three years compared to the European<br />

models currently used by many fuel stations.<br />

Fuel nozzles currently installed in Caltex and<br />

United Fuels will be replaced with nozzles<br />

imported by Pacific Gauges through their<br />

normal maintenance schedules.<br />

Multicard new fuel<br />

card program<br />

Multicard, a leading supplier of credential<br />

solutions, identity management and system<br />

integration services and a business unit<br />

of Identive Group, Inc, announced it has<br />

implemented a new fuel card program for<br />

Neumann Petroleum, a privately owned oil<br />

company based in Queensland, Australia.<br />

To date Multicard has rolled out the payment<br />

system to 130 locations throughout<br />

Queensland and New South Wales, Australia.<br />

The credit-based fuel cards are<br />

used by long-distance trucking fleets and<br />

individual consumers alike and can be used<br />

to purchase fuel and other items.<br />

KPS reports best year ever in 2011<br />

KPS had a busy year 2011 with many new<br />

products released. In Sweden KPS added<br />

production capacity for double-wall sockets,<br />

fittings and formed bends. Customers buying<br />

or specifying KPS conductive chambers<br />

included Petronas, TOTAL, Repsol, Shell<br />

DODOs as well as independent retailers<br />

supplying UK, Spain, South Africa, Malaysia,<br />

Indonesia, Philippines and Fiji. The conductive<br />

tank chamber also won the MATRADE<br />

elaflex new generation ‘sight glasses’<br />

A new range of sight glasses available from<br />

Elaflex are designed to enable motorists to<br />

see the fuel either at the dispenser or nozzle<br />

end inspiring confidence in the product<br />

dispensed. Elaflex sight glasses come in a<br />

range of thread sizes and versions either<br />

for standard or vapour recovery nozzles.<br />

The standard version is also available with<br />

a propeller to visualize the flow. The sight<br />

glass body is made of lightweight aluminium<br />

PSD Codax & Interchem help Galp<br />

UK-based PSD Codax is helping oil giant<br />

Galp control customer access to car wash<br />

equipment across Spain. Following talks<br />

with cleaning chemicals company and<br />

service provider Interchem, PSD have appointed<br />

them as a distributor in Spain, to<br />

replace outdated card reading technology<br />

on equipment at Galp forecourts with the<br />

Codax code access system. The Codax system<br />

works by issuing a unique code which<br />

tokheim re­financing and sale process news<br />

In recent months, Tokheim and its shareholders,<br />

advised by J.P. Morgan, carried out<br />

a strategic review that led to launching a<br />

refinancing process and a possible sale of the<br />

company. However, a worsening environment<br />

in the financial markets led certain banks to<br />

pull out for reasons unrelated to the company.<br />

Even if there was a firm funding commitment<br />

from the remaining group of banks, it became<br />

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2011 Innovation Award in November. With<br />

increasing volumes in important markets such<br />

as China, Africa and South East Asia, KPS<br />

managed to exceed the sales budget, making<br />

2011 the best year in company history. Based<br />

on the 2011 results and with new products and<br />

an improved market offering in place, KPS<br />

CEO Lars Selling is expecting this year to<br />

be at least as good as 2011, despite the insecurities<br />

in some European financial markets.<br />

with a high end coating to prevent oxidation<br />

in the field. The impact-resistant synthetic<br />

glass allows the sight glasses to have four<br />

large windows in order to have maximum<br />

visibility of the fuel. SG sight glasses are<br />

German TÜV approved to EN 13617-1.<br />

This also includes an impact test.<br />

Detailed information may be downloaded<br />

at www.elaflex.de/dokumente/download/<br />

CatPage531_532.pdf<br />

Gas Station tv and Wayne launch media platform<br />

Gas Station TV (GSTV), the largest national<br />

away-from-home television network at the<br />

pump and Wayne, a GE Energy business<br />

announced that they have installed their<br />

co-developed media platform, inOvationTV,<br />

at Bill Wolf Petroleum Corp. stations in<br />

New York “Wolf Petroleum has generated<br />

significant value with GSTV and has a track<br />

record of innovation within the industry”,<br />

said David Leider, CEO of Gas Station TV.<br />

“As the first retailer to launch inOvationTV<br />

we consider them critical to the continued<br />

growth of our business.” GSTV and Wayne<br />

launched inOvationTV in September with<br />

a Wayne investment valued at more than<br />

$ 50 million. Wayne’s investment makes<br />

inOvationTV available to qualified stations<br />

free-of-charge, to be installed either as a<br />

retrofit to stations currently using Wayne’s<br />

industry-leading Ovation dispensers, or to<br />

retailers installing new Ovation dispensers<br />

from the factory.<br />

customers key into a special touchpad to<br />

start the car wash services that they have<br />

purchased. This system will help Galp<br />

eliminate lost revenue from unauthorised<br />

usage and provide management reports that<br />

can be checked against takings. The system<br />

eliminates the problems associated with<br />

unreliable magnetic strip cards – which<br />

can be easily damaged and stops staff giving<br />

away free washes.<br />

apparent that the financial environment would<br />

negatively affect the sale process. Cognetas<br />

received final offers but considered that they<br />

did not fully reflect the company’s continued<br />

excellent performance and its prospects for<br />

the future. It was therefore decided that the<br />

current shareholders will retain ownership of<br />

Tokheim and proceed with the refinancing<br />

of the company, as planned.


All text on this page is submitted and written by suppliers. Please email product news to editor@erpecnews.com<br />

Saybernet develops new solutions<br />

The company reports that the new solution<br />

is called SayberNet YDM POS v2.0 and is<br />

intended for introduction in computer cash<br />

register systems IBM Sure POS 100. The<br />

software is provided to petrol stations free of<br />

charge. The solution blocks the process of sale<br />

of liquefied gas and petroleum products with -<br />

KSS Fuels expands traffic database<br />

KSS Fuels announced a major update to its<br />

globally recognized traffic database source,<br />

MPSI TrafficMetrix, which now contains<br />

almost 1.3 million traffic counts. The enhancements<br />

for 2012 continue to position<br />

MPSI TrafficMetrix as the number-one<br />

source for the most up-to-date traffic-related<br />

demand data intelligence in North America.<br />

In addition to refreshing and extending<br />

key traffic data, KSS Fuels has developed<br />

analytic tools to improve the accuracy<br />

Johnson Controls signs contract in oman<br />

Johnson Controls has secured the facility management<br />

contract to manage and maintain 400<br />

Shell filling stations in Oman. In March 2011<br />

Johnson Controls announced its partnership<br />

with Shell to manage and maintain 12 000<br />

out a receipt used in cash registers of fuel sta -<br />

tions. The system is able to serve three gasoline<br />

pumps of the station simultaneously, for each<br />

of them it can store 4 transactions and for<br />

each pump it can handle five nozzles filling oil<br />

products. The total number of nozzles that are<br />

connected to the system may not exceed 20 units.<br />

of the placement of traffic data on street<br />

files. Working to standards established by<br />

the Tiger Accuracy Improvement Program,<br />

this ensures that traffic intelligence is accurately<br />

plotted on maps for subsequent<br />

analysis. KSS Fuels now delivers two major<br />

components of traffic intelligence – actual<br />

traffic counts throughout North America<br />

and “Current Year Estimates”, a proprietary<br />

statistical technique to bring older traffic<br />

counts up-to-date.<br />

sites over 27 countries, the Oman agreement<br />

adds to that. The global agreement builds on<br />

an existing five-year relationship between the<br />

two companies and is one of the largest single<br />

deals in the fuel retail sector.<br />

LAteSt NeWS, eveNtS, JobS oNLINe – WWW.PetRoLPLAzA.CoM<br />

oPW adds “Fusion­<br />

Works” to portfolio<br />

PRoDUCt NeWS<br />

OPW Fueling Components,is proud to<br />

add FusionWorks to its industry-leading<br />

portfolio of fuel piping and containment<br />

systems. OPW FusionWorks is an advanced<br />

semi-flexible fuel piping system designed<br />

to serve markets and applications where<br />

IP and European (EN) certified electrofusion<br />

piping technology is preferred. With<br />

the introduction of FusionWorks, OPW<br />

augments its best-in-class underground<br />

equipment package to meet the requirements<br />

of virtually any fueling application<br />

in any global market. From the fill point<br />

to the forecourt, from single wall suction<br />

to double wall pressure systems, OPW<br />

has the optimal fuel delivery solution for<br />

every application.<br />

New dispenser<br />

location in Germany<br />

GVR is pleased to announce that the production<br />

facility in Salzkotten, Germany, is<br />

the new home of the Horizon dispenser,<br />

moved from Greensboro, USA. Horizon<br />

dispensers will now be manufactured in<br />

Germany in the same production facility<br />

that manufactures the SK700-II.<br />

15


16<br />

LAteSt NeWS, eveNtS, JobS oNLINe – WWW.PetRoLPLAzA.CoM


All text on this page is submitted and written by suppliers. Please email product news to editor@erpecnews.com<br />

Nigeria tests payment system<br />

EasyFuel Limited, an integrated cashless fuelling company in<br />

the downstream oil and gas sector, has successfully conducted<br />

a pre-launch system test for its operations at Oando outlets. In<br />

a statement, the company, a Payment Terminal Service Provider<br />

(PTSP)-licensed operator, said the test, which was conducted across<br />

designated Oando service stations in Lagos, was done in preparation<br />

for the commercial launch of the service. Managing Director,<br />

Mr. Tayo Olajide, said: “We have just concluded the test run of<br />

our system. All the service stations that are live on our network<br />

were involved in the process and the feedback has been fantastic.<br />

The Point of Sales (PoS) terminals installed at the service stations<br />

are working perfectly as expected and coordinating well with our<br />

back-end platform.”<br />

KSS and PWM launch Price­Sync<br />

KSS Fuels and PWM Electronic Price Signs announced the general<br />

availability of PriceSync, an integration module that supports<br />

the auto mated delivery and verification of fuel price changes<br />

from head office to the electronic price sign at a retail location.<br />

PriceSync will guarantee the accuracy of price displays, with immediate<br />

notification of any issues in the timing or update of price<br />

changes. PriceSync integrates KSS Fuels’ PriceNet software and<br />

PWM’s price signs, creating a closed-loop system and confirming<br />

successful implementation of new fuel prices at the sign as well<br />

as taking care of the synchronization with point-of-sale systems<br />

and fuel dispensers. PriceSync represents a major step forward in<br />

fuel price automation and will ensure fuel retailers can respond<br />

quickly to market or competitor changes.<br />

oRteC secures oPet deal in turkey<br />

Following an extensive return on investment analysis, OPET, a<br />

leading player in the petroleum and oil industry and part of Koc<br />

Holding, selects ORTEC to automate its lubricant distribution planning.<br />

Speaking about the selection, Murat Inci, Project Manager<br />

at OPET, explains: “From a group of several specialist suppliers,<br />

ORTEC outshone all the competition by clearly demonstrating the<br />

necessary capabilities to handle all of our planning constraints. The<br />

deciding factor, however, was the fact that ORTEC could deliver<br />

large reductions in transportation costs, by an estimated 5 percent<br />

compared with the previous year, which would equate to significant<br />

financial savings for our company. We expect the ROI time for this<br />

project to be approximately one year.”<br />

oPW LA and FuelQuest announce<br />

global partnership<br />

OPW Latin América, (a business unit of OPW) and FuelQuest Inc.<br />

announce a global partnership agreement to offer an end-to-end,<br />

centralized fuel network management solution. Fuel operators can<br />

now enjoy the benefits of proactive tank monitoring integrated with<br />

fuel management automation software and services to reduce fuel<br />

costs, lower working capital requirements, identify incidences of<br />

theft and improve environmental compliance. “Fuel operators face<br />

unique challenges in terms of procuring, monitoring and managing<br />

fuel, says Fernando Whitaker, Managing Director of OPW Latin<br />

América. “By combining forces, OPW and FuelQuest a solution that<br />

tackles these core fuel challenges by providing petroleum retailers<br />

and fleet operators with the greatest opportunity to reduce fuel<br />

costs and remain business compliant.”<br />

New bever appointment<br />

LAteSt NeWS, eveNtS, JobS oNLINe – WWW.PetRoLPLAzA.CoM<br />

PRoDUCt NeWS<br />

Clear2Pay and IFSF team results<br />

Clear2Pay, a provider of<br />

next generation payment<br />

solutions for financial<br />

institutions and the<br />

International Forecourt<br />

Standards Forum (IFSF),<br />

the non-profit standards<br />

organization of international<br />

petroleum retail,<br />

announce the result of their successful collaboration in the development<br />

of the technical specifications for the issuance of EMV-based fuel cards.<br />

The main aim of this co-operation was to facilitate petroleum retailers<br />

and other Fuel Card issuers to migrate seamlessly from magnetic<br />

stripe to chip-based Fuel Cards and enable a common way of working<br />

between Fuel Card issuers assuring worldwide interoperability. The<br />

specifications are based on the field-proven EMV technology, the global<br />

standard for chip-based payments and current IFSF EFT interface<br />

and security standards.<br />

Jyrki Löf, seven years working as Technical Director for Finnish<br />

LED Signs OY, responsible for the technical management and sales<br />

of LED products to European oil companies and resellers, has<br />

joined Bever Innovations bv as Business Devel opment Director<br />

Scandinavia and Baltic States. Based in Finland (Helsinki) Jyrki<br />

is responsible for the business development of all LED products<br />

in Norway, Sweden, Finland and the Baltic states such as Estonia,<br />

Latvia and Lithuania.<br />

17


INDUStRy CoMMeNt boARD<br />

2012 – Hopefully a year to<br />

18<br />

McLean events, Nick Needs, Managing Director<br />

nick<br />

needs<br />

robert<br />

Mazuga<br />

Batuhan<br />

Kiroglu<br />

So with 2011 well and truly behind<br />

us, be that a good or a bad thing for<br />

your organisation, let’s look forward<br />

to a prosperous 2012 in every sense.<br />

In the UK we have the Olympics<br />

in June, followed by the European<br />

Football Championships in the Ukraine and<br />

Poland. That’s many people’s summer sorted<br />

out! But in the industry it’s Automechanika<br />

year, which always causes a bit of a buzz in the<br />

markets, staged in Frankfurt as usual with the<br />

organisers doing as little as they possibly can to<br />

help lessen the burden exhibitors and visitors<br />

face with the shortage of accommodation. Not<br />

so much a problem, it must be said at PEI NACS,<br />

which is in Las Vegas this year, a location where<br />

you can book as many rooms as you like with<br />

your own personal slot machine for as little as<br />

US $ 50 a night! Its all off to Singapore shortly<br />

to spend some time in the company of Emma<br />

and Fiona, who in March are staging their Middle<br />

East & Asian PetrofForum, an event which<br />

alternates every two years with erpec. For your<br />

information, the dates and venue of the next<br />

erpec have just been announced as being Nice,<br />

Côte d’Azur, 16th – 18th April, 2013.<br />

In terms of trading performances and the<br />

economy generally, we thought it would be<br />

a good idea to ask a few of the more active<br />

companies in 2011, how good or bad last year<br />

was and for them to give us an indication of<br />

what they might expect from the coming year.<br />

Collectively it should be an interesting forecast<br />

of what the industry can look forward to, for<br />

better or worse, in 2012.<br />

Hectronic – Robert Mazuga, Director Sales eMeA<br />

Hectronic GmbH specialises in<br />

the development of intelligent<br />

system solutions for the refuelling<br />

sector. Since the foundation of<br />

the original company Kienzle, in<br />

1928, Hectronic has developed<br />

into an industrial company with<br />

operations in many countries. With close<br />

to 200 staff, 7 sales offices and around 90<br />

international sales partners around the globe,<br />

Hectronic solutions are now successfully<br />

marketed all over the world. For 2012 we<br />

have undertaken a reorganisation of our sales<br />

Turk ish brand MEPSAN is<br />

celebrating it’s 20th anniversary<br />

having been established as a<br />

service company in 1992 producing<br />

and supplying fuel station<br />

equipment, automation solutions<br />

and technical support to the<br />

international petroleum and oil equipment<br />

industry. MEPSAN is proud to have reached<br />

it’s 20th anniversary and looks to the future<br />

with confidence and belief on becoming more<br />

powerful than ever. Celebrating 20 years of<br />

success with it’s experience, knowledge and<br />

capabilities, MEPSAN continues towards<br />

structure so that we can continue to improve<br />

the company’s global market position. This<br />

restructuring strengthens our local sales<br />

activities and Regional representatives can<br />

now respond in a more targeted manner to<br />

the requirements and needs of our clients and<br />

business partners. Under the slogan “Smart<br />

refuelling”, Hectronic is offering intelligent<br />

and integrated system solutions, plus solutions<br />

and technical upgrades in the field<br />

of fill level gauging and high-performance<br />

auto-fuel terminals with a wide variety of<br />

payment options. An early highlight of this<br />

its vision of becoming a well-known reliable<br />

and respected Turkish brand worldwide.<br />

MEPSAN has suceeded in becoming a<br />

reliable solution partner, not just a supplier,<br />

by increasing the level of technology at it’s<br />

production plants with the new investment,<br />

maintaining and promoting R&D’s creativity,<br />

expanding and strengthening service teams<br />

in foreign markets. MEPSAN have expanded<br />

it’s operations in Turkey, by wining tenders<br />

and appointing distributors in more than<br />

30 countries in Europe including France,<br />

Spain, Greece, Balkans, North Africa,<br />

CIS Region, Middle East and the Far East.<br />

rafael<br />

tomá s<br />

Alfaro<br />

LAteSt NeWS, eveNtS, JobS oNLINe – WWW.PetRoLPLAzA.CoM<br />

Istobal –<br />

Rafael tomás Alfaro,<br />

Managing Director<br />

ISTOBAL is satisfied with 2011,<br />

our growth outside Spain has<br />

been of only 5 percent of turnover,<br />

but in such a difficult year we are<br />

happy. Our new range of M’NEX<br />

rollovers has proven itself highly<br />

successful and our R&D team has<br />

been able to work in two full new ranges of<br />

products that we will launch in Automechanika<br />

2012 in Frankfurt. Internally we have gone<br />

through a process of internal restructuring and<br />

change of ERP that will assist us to improve<br />

our competitiveness, giving us the chance of<br />

higher growth in 2012 and we would lie if we<br />

said that all that was easy, but once a difficult<br />

task is accomplished the satisfaction is there.<br />

year was without doubt the unveiling of the<br />

innovative PetroLine Service App. With the<br />

help of this application for smart phones<br />

and tablet PCs, petrol station owners can<br />

now gain access to data from their stations<br />

at any time and from any place – a market<br />

first. Further projects lined up for 2012<br />

give us cause for confidence and optimism.<br />

Positive feedback from our customers and<br />

widespread market interest in our innovative<br />

solutions are leading us to look forward<br />

very positively and enthusiastically to a<br />

successful year in 2012.<br />

Mepsan – batuhan Kiroglu, International Sales and Marketing Manager<br />

The customer portfolio includes all local<br />

petroleum distribution companies (OPET,<br />

Po, Shell, BP, TOTAL, M Oil, Kadoil ...),<br />

International oil companies ( Gulf, Lukoil,<br />

Socar, Petronas, Agil, OmanOil, Adnoc,<br />

Jordan Petroleum, NOC.) as well as transportation<br />

& logistics companies, municipalities<br />

for public transportation and state institutions.<br />

Besides being a reliable and creative<br />

dispenser manufacturer, MEPSAN is fast<br />

embracing new technologies. In this way,<br />

MEPSAN will develop it’s understanding<br />

and scope of automation activities and enter<br />

new fields of operation.


look forward to?<br />

Jörg M.<br />

Heilingbrunner<br />

damien<br />

tracey<br />

remko<br />

delfgaauw<br />

Arthur<br />

Wessels<br />

LAteSt NeWS, eveNtS, JobS oNLINe – WWW.PetRoLPLAzA.CoM<br />

INDUStRy CoMMeNt boARD<br />

Scheidt & bachmann – Jörg M. Heilingbrunner, Managing Director<br />

2011 was a very successful year for<br />

Scheidt & Bachmann. We are proud<br />

to say that we are very satisfied<br />

with the overall result which has<br />

been in line with our objectives.<br />

Scheidt & Bachmann was able<br />

to expand internationally and<br />

furthermore we could strengthen our market<br />

position in our domestic market Germany.<br />

We enter 2012 with strong momentum. All<br />

of our divisions already have very promising<br />

prospects in the area of outdoor payment<br />

and also our systems business shows much<br />

growth potential. We expect our new outdoor<br />

Wayne – Damian tracey, President, eMeA<br />

2011 was a game-changing year for<br />

Wayne. Not only did we acquire<br />

an ATG business, but we were<br />

also acquired by General Electric<br />

and greatly expanded our Fusion<br />

Forecourt System. A major part<br />

of our focus last year revolved around the<br />

integration of all parts of our business into GE,<br />

which has been a great success. Continuing our<br />

drive and commitment to improve customer<br />

satisfaction, we moved all our European Parts<br />

Center to our EMEA headquarters in Malmö,<br />

Sweden. Moving the Parts Center alongside<br />

our production facility enables us to improve<br />

both quality and lead times.<br />

Wayne had two major product introductions<br />

in 2011. First, we acquired the assets of<br />

4tech AS, a fuel tank measurement system<br />

company headquartered just outside Oslo,<br />

Norway. We also announced the expansion<br />

of the Fusion Forecourt System.<br />

Moving into 2012 we will continue the<br />

integration with GE, leveraging their comprehensive<br />

footprint across Europe. We see<br />

exciting opportunities to offer customers a<br />

much needed portfolio of technology product.<br />

In the dispenser category our Global Star<br />

V dispenser offers a wide range of options<br />

for regular and alternative fuels. Additionally,<br />

the Global Century dispenser offers a<br />

robust design and extreme reliability. Looking<br />

towards the end of this year, Wayne will<br />

launch a new global product that we expect<br />

will change the entire business; you will be<br />

hearing more about that in the upcoming<br />

months. With this I would like to take the<br />

opportunity to thank all customers for a great<br />

2011 and a very successful 2012.<br />

bever Innovations – Remko Delfgaauw,<br />

founder and Ceo of bever Innovations<br />

2011 was a successful year for<br />

Bever Innovations. Both product<br />

lines, LED price change units and<br />

LED under canopy illumination,<br />

flourished. Since 2010, Bever Innovations<br />

has been one of the key<br />

suppliers to Shell International. In 2011 we<br />

were awarded 2 other major contracts from<br />

BP Europe and Q8 Europe who chose Bever’s<br />

Luci Series to light up their retail networks.<br />

Remko Delfgaauw, founder and CEO of Bever<br />

Innovations said “We are one of the very few<br />

LED companies with a 100 percent focus on the<br />

petrol world. This focus is not only reflected in<br />

unique and patented features of our product,<br />

it is recognized by the oil companies we work<br />

with! It is my firm belief that our 100 percent<br />

commitment to this demanding market, com-<br />

bined with our innovative prowess makes us<br />

stand out from the competition. In the autumn<br />

of 2011 the biggest petrol site in the world,<br />

Shell Berchem in Luxembourg, was equipped<br />

with 150 Luci Series. The energy savings on<br />

this huge site total more than 40 000 euro per<br />

year! Bever’s outlook for 2012 builds further<br />

on the current strategy. “We will continue<br />

our goal to innovate outdoor LED lighting<br />

solutions and LED price change units for<br />

the petrol industry. Expanding our business<br />

globally and grow our international network of<br />

distributors. Our 100 percent commitment to<br />

the petrol world will stay un-changed.” Bever<br />

Innovations supplies its products worldwide,<br />

has a subdivision in Finland and partners<br />

in most European countries, Africa, South<br />

America, Australia and the Far East.<br />

payment terminal OPT 240 as well as new<br />

apps for mobile devices to be the main success<br />

factors in 2012. Scheidt & Bachmann is the<br />

leading automation system supplier for petrol<br />

stations in Germany and leading European<br />

system solution supplier. We offer you the<br />

complete product range for your petrol station.<br />

Washtec – Arthur<br />

Wessels, Managing Director<br />

Sales & Service<br />

Based on it’s long experience of<br />

50 years in manufacturing and<br />

car wash technology, WashTec<br />

will consolidate its position very<br />

clearly as an innovative leader in<br />

2012. From now until September<br />

WashTec will launch several com-<br />

pletely new products and product features<br />

that will contribute to better washing and<br />

drying results, plus higher profit opportunities.<br />

This month WashTec reveals a new feature<br />

“Express Programme” for roll-over gantry car<br />

washes. With these programmes operators<br />

will be able to offer high-quality washes,<br />

like a ShineTecs-polish in about 6.5 minutes,<br />

compared to 10 minutes for other established<br />

high-quality washes. This allows the operator<br />

to increase turnover and profit based on<br />

two advantages: higher machine speed and<br />

higher average price for the premium washes.<br />

All the new features WashTec will introduce<br />

this year will be visible at Automechanika<br />

2012 in Frankfurt, Germany at the WashTec<br />

stand A23 in the outdoor fairground area.<br />

WashTec will also continue to expand its sales<br />

activities in new markets. Therefore sales and<br />

service organizations, especially in Russia and<br />

China will be developed further. “WashTec<br />

aims to be the first choice for international<br />

working mineral oil companies for high-quality<br />

car wash products and services. Due to our<br />

worldwide activities and broad brand choice<br />

WashTec can provide the right machine for<br />

each requirement in different markets” says<br />

Arthur Wessels, Managing Director Sales &<br />

Service, WashTec. For more information<br />

please contact WashTec on +49-821-5584-0<br />

or www.washtec.de.<br />

19


20<br />

Algae.tec & Luftansa<br />

in biofuel trial<br />

Australia biofuels company Algae.Tec and German<br />

airline carrier Lufthansa have agreed to<br />

evaluate algae oil produced from Algae.Tec’s<br />

bioreactors as a sustainable source of aviation<br />

fuel. An MOU has been signed by the<br />

companies to seal the initial deal. Algae.Tec<br />

grows fast growing algae capable of producing<br />

high yields in converted shipping containers<br />

to produce an oil that can be turned into fuel.<br />

Significantly, the biofuel produced would<br />

likely cost a fraction of the cost of jet fuel.<br />

Lufthansa launched a 6-month biofuel trial<br />

last July on regular scheduled flights. The<br />

Lufthansa Airbus A321 is flying on a 50/50<br />

mix of biosynthetic kerosene and regular fuel.<br />

exxonMobil predicts<br />

future for hybrid cars<br />

One out of every two cars will be either hybrids<br />

or an alternative-fuel vehicle by 2040,<br />

ExxonMobil have predicted. Hybrids, which<br />

rely on both gas and electricity for power, now<br />

account for less than 1 percent of all vehicles<br />

on the world’s roads. They should move into<br />

the mainstream as governments boost fuelefficiency<br />

requirements, ExxonMobil said.<br />

Power for those hybrids, along with other<br />

vehicles and a growing number of households<br />

around the world, will increasingly come from<br />

natural gas, nuclear power and renewable<br />

energy sources like wind, ExxonMobil said in<br />

its closely watched annual long-term energy<br />

outlook. But the largest publicly traded oil<br />

company also makes clear that oil will remain<br />

king of the energy world for many years.<br />

ev fast chargers at<br />

Dutch bP sites<br />

ABB, the leading power and automation<br />

technology group, announced today that it<br />

has started installing multiple fast-charging<br />

systems for electric vehicles (EVs) at some BP<br />

service stations in the Netherlands as part of<br />

a nationwide trial. BP has an intention agreement<br />

with Dutch EV charging operator The<br />

New Motion to operate BP’s chargers as part<br />

of a larger network of DC charging stations<br />

throughout the Netherlands.<br />

ALTERNATIVEFUEL NEws<br />

Hydrogen fuel cell vehicles in berlin<br />

Berlin Airport will take centre stage in the<br />

latest market trial of hydrogen fuel cell vehicles<br />

by General Motors’ European brand,<br />

Opel. Its HydroGen4 vehicle will head to<br />

Berlin Brandenburg Airport, which Opel Vice<br />

President of Government Relations, Volker<br />

Hoff, has dubbed an “ideal partner” as it possesses<br />

the world’s first carbon dioxide neutral<br />

gas station, which offers green hydrogen<br />

totAL solar powered fuel station<br />

A 14-year old fuel station of TOTAL Ethiopia,<br />

located on the Djibouti corridor, has been<br />

outfitted to operate using solar power. The<br />

fuel station is the first of its kind in Ethiopia.<br />

TOTAL Ethiopia had approached Tenesol,<br />

a subsidiary company of TOTAL World<br />

Slovenia opens its first CNG station<br />

Slovenia’s first compressed natural gas (CNG)<br />

filling station has been opened in Ljubljana<br />

co-financed by the European Union under<br />

the CIVITAS ELAN project. Ljubljana is<br />

one of five cities participating in the CIVI-<br />

TAS ELAN project, the others being Ghent<br />

(Belgium), Zagreb (Croatia), Brno (Czech<br />

Republic) and Porto (Portugal), that joined<br />

together in a project “to ‘mobilise’ our citizens<br />

by developing with their support clean mobil-<br />

Professor creates high­tech fuel cell<br />

Once-futuristic green energy sources may<br />

become main stream sooner than imagined,<br />

as a university engineering professor works<br />

to develop a versatile fuel cell. University engineering<br />

professor Eric Wachsman has been<br />

designing this fuel cell that can use multiple<br />

substances, such as natural gas, gasoline and<br />

hydrogen, to power cars. Wachsman said<br />

the public thinks of fuel cell technology as<br />

New liquefied methane gas station<br />

Greater Stockholm region’s first refuelling<br />

station for liquefied methane gas, LNG/<br />

LBG has opened. The filling station, Statoil<br />

Järna, is part of the BiMe Trucks project in<br />

which Volvo Trucks is one of the participating<br />

companies along with AGA, which supplies<br />

the liquefied gas. One of the project’s focus<br />

areas is to build the necessary infrastructure<br />

LAteSt NeWS, ALteRNAtIve eveNtS, FUeL JobS NeWS oNLINe – WWW.PetRoLPLAzA.CoM<br />

– WWW.PetRoLPLAzA.CoM<br />

NeWS<br />

produced from wind energy. It’s not the first<br />

time that Opel has run a market trial on fuel<br />

cell vehicles – in fact it started them back in<br />

2008 and has involved a number of companies<br />

including the likes of ADAC, Allianz, Axel<br />

Springer AG/Bild, Coca-Cola, Hilton, Linde,<br />

Pace, Schindler, Veolia and the NH Hotel<br />

Friedrichstraße, all of which have tested the<br />

Opel HydroGen4.<br />

Group, to provide the photovoltaic solar<br />

technology. The project, which cost around<br />

one million birr, was undertaken by Vera<br />

International Business Plc, its local partner<br />

established in 2007 with a paid-up capital of<br />

8.5 million birr.<br />

ity solutions for vital cities, ensuring health<br />

and access for all”. The CNG station was the<br />

set up under cooperative agreement between<br />

Geoplin d.o.o., the biggest supplier of natural<br />

gas in Slovenia, Ljubljanski potniški promet<br />

d.o.o. (LPP), a public transportation company<br />

that serves the Municipality of Ljubljana and<br />

sixteen suburban municipalities and utilities<br />

provider Energetika Ljubljana d.o.o., part of<br />

Javni Holding Ljubljana (JHL).<br />

futuristic because hydrogen fuel cells, the<br />

most popular prototype, cannot be widely<br />

used until hydrogen filling stations are developed.<br />

“They’ve all thought of it as based<br />

on hydrogen and because of that they kept<br />

thinking of fuel cells as future technology<br />

because right now there’s nowhere to get<br />

hydrogen, you can’t go out and fill your car<br />

with hydrogen today.”<br />

for liquefied methane gas in Sweden. In October<br />

2010, Sweden’s first filling station for<br />

liquefied methane gas was opened at Stigs<br />

Center in Gothenburg. The project also encompasses<br />

the establishment of LNG stations<br />

in Malmö and Jönköping and there are plans<br />

for additional stations to keep pace with the<br />

increase in demand.


LAteSt NeWS, eveNtS, JobS oNLINe – WWW.PetRoLPLAzA.CoM<br />

21


PeI joins e85 coalition<br />

The Petroleum Equipment Institute (PEI)<br />

has joined the ‘Coalition for E85’ – a group of<br />

retailers, producers, equipment manufacturers<br />

and other supporters of E85 fuel. PEI executive<br />

Vice President Robert Renkes says the goal of<br />

the Coalition is to protect the investments of<br />

2 500 small businesses and stop a multimilliondollar<br />

tax hike on consumers. “Fuel marketers,<br />

equipment manufacturers and the motoring<br />

public have invested a significant amount of<br />

money in building the E85 infrastructure and<br />

flex-fuelled vehicles”, said Renkes. “We must not<br />

abandon E85 this close to self-sustainability.”<br />

Currently, other alternative fuels, such as<br />

compressed natural gas, propane and hydrogen,<br />

receive a US $ 0.50 per gallon tax credit as part<br />

of the Alternative Fuel Credit and the Coalition<br />

believes E85 should be included as well.<br />

Propel Fuels voted most<br />

promising company<br />

Propel Fuels, a leading retailer of renewable<br />

fuels, has been chosen by Forbes Magazine<br />

as one of the most promising companies in<br />

America. Forbes’ list of ‘America’s Most Promising<br />

Companies’ features 100 privately held<br />

up-and-comers with compelling business models,<br />

strong management teams, notable customers,<br />

strategic partners and investment capital. At<br />

42nd, Propel is the highest ranked renewable<br />

energy company on the list and was recognized<br />

for its ground breaking approach in a traditional<br />

industry and for the large market opportunity<br />

served by its fuelling stations. Today there<br />

are more than 20 million cars on the roads of<br />

America that can fill-up with alternative fuels<br />

and millions more in production each year.<br />

buchanan energy sell<br />

61 gas stations<br />

Buchanan Energy LLC has tapped NRC Realty<br />

& Capital Advisors LLC to sell 61 gas stations<br />

in the Chicago and St. Louis areas. The<br />

sites up for sale are 38 ExxonMobil-branded<br />

gas stations in the Greater Chicago area and<br />

23 BP-branded stations in the Greater St. Louis<br />

area. All 61 stations are being sold with branded<br />

fuel supply, according to NRC. The sale will be<br />

conducted using NRC’s “buy one, some or all”<br />

sealed bid sale process. The bid deadline for the<br />

St. Louis-area stores is 16th February, while the bid<br />

deadline for the Chicago-area stores is 8th March.<br />

USA NEws<br />

Midocean Partners announces acquisition<br />

MidOcean Partners, a leading private equity<br />

firm, announced that it has acquired a<br />

majority equity position in Jones & Frank, a<br />

leading value-add equipment distributor and<br />

repair, maintenance and installation services<br />

provider to the fueling infrastructure industry.<br />

Jones & Frank is one of the leading distributors,<br />

servicers and installers of fueling equipment<br />

such as fuel dispensers, fuel storage tanks,<br />

pumps, nozzles, hoses, valves, point of sale<br />

Seal Beach-based Clean Energy Fuels Corp.<br />

has raised another US $ 150 million from prior<br />

investors, including legendary Oilman and<br />

Corporate Raider T. Boone Pickens. Pickens<br />

exercised warrants to purchase 15 million shares<br />

of the company’s common stock at US $ 10<br />

per share. Pickens purchased 1.5 million of<br />

those shares and transferred the remaining lot<br />

to previous investors, including RRJ Capital,<br />

Seatown Holdings International Pte. Ltd.,<br />

Chevron will be encouraging customers to<br />

use their mobile devices near a fuel pump, at<br />

least if they’re paying for gas. Chevron Corp.<br />

will be testing Google Wallet in the San<br />

Francisco and Los Angeles markets at more<br />

than 600 gas stations with contactless readers<br />

on their pumps. Chevron is only promoting<br />

About seven months ago, Joe Davis stopped<br />

selling gasoline at his Sunoco station, Pro<br />

Automotive, because he could not turn a<br />

profit with the fluctuating fuel prices and<br />

other costs. Davis’ move follows a national<br />

trend that could lead to higher prices at<br />

pumps across the nation, according to experts.<br />

Throughout Ohio today, there are about<br />

7 600 gas stations – 1 800 fewer licensed<br />

gas retailers than in 2000 and 1 004 less<br />

Exxon sold 84 gas stations in Houston to a local<br />

company, forcing the stations to temporarily<br />

close as the new owner took over. Exxon sold<br />

the gas stations to Houston-based Landmark<br />

Industries, which has more than 170 gas sta-<br />

22<br />

LAteSt NeWS, LAteSt eveNtS, USA NeWS JobS – oNLINe WWW.PetRoLPLAzA.CoM<br />

– WWW.PetRoLPLAzA.CoM<br />

systems, electronic displays and related<br />

components to retail fueling stations, commercial<br />

and government fleets and emergency<br />

power customers. The Company’s network of<br />

12 branch locations, two distribution centers<br />

and 120 technicians across fourteen states<br />

positions Jones & Frank as one of the few<br />

companies capable of servicing retail and<br />

commercial customers with locations spanning<br />

multiple regions.<br />

Clean energy raises US $ 150 million<br />

Chevron to test Google Wallet<br />

Oklahoma City-based Chesapeake Energy<br />

Corp. and Chief Capital LP, an investment<br />

fund owned by energy investor Trevor Rees-<br />

Jones. Clean Energy raised US $ 450 million<br />

in 2011 with the latest investment, Chief Executive<br />

Andrew Littlefair said. Clean Energy<br />

has annual revenue of more than US $ 200<br />

million and hopes to clear earnings hurdles<br />

by building a network of fueling stations for<br />

the largest segment of the market.<br />

the program at West Coast locations but all<br />

of its stores with NFC readers will be able<br />

to accept Google Wallet. A report quoted a<br />

Chevron spokesperson who said the “soft<br />

launch” of Google Wallet at Chevron locations<br />

will give consumers the ability to gain<br />

first-hand experience with mobile payments.<br />

Convenience stores replacing gas stations<br />

exxonMobil sells 84 gas stations<br />

than in 2005, according to Ohio’s Bureau<br />

of Underground Storage Tank Regulation.<br />

The recent reduction in gas stations in<br />

Ohio follows a similar pattern in the United<br />

States, though the market is holding steady<br />

as convenience stores have replaced the<br />

traditional stations and sell gas along with<br />

other merchandise. In the late 1970s, there<br />

were 215 000 U.S. gas stations and that<br />

dropped to 105 000 in 1994.<br />

tions in Texas under various brand names.<br />

Most of the stations are branded Time-wise.<br />

Exxon has been slowly pulling out of the fuel<br />

retail business since 2008, selling its companyowned<br />

gas stations.


www.alucobond.com<br />

www.bennettpump.com<br />

www.bennett­sauser.ch<br />

www.beverinnovations.com<br />

www.brugg.de<br />

www.dresserwayne.com<br />

www.plxpipe.com<br />

www.eandsgroup.co.uk<br />

www.eurotank.eu.com<br />

www.fafnir.com<br />

www.franklinfueling.com<br />

www.gilbarco.eu<br />

www.hectronic.com<br />

www.iisltd.com<br />

www.istobal.com<br />

www.kpsystem.com<br />

www.kubald.com<br />

www.leightonobrien.com<br />

www.mepsan.com.tr<br />

www.emergy.net<br />

www.nupigeco.com<br />

www.opw­fce.com<br />

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WebSIteS AND LoGoS – SUPPoRtING eRPeCNeWS<br />

www.christ­ag.com<br />

www.planova.com<br />

www.psdcodax.com<br />

www.ruudlighting.net & www.ruudled.net<br />

www.scheidt­bachmann.com<br />

www.secu­tech.at<br />

www.sloanled.com<br />

www.tanknology.com<br />

www.tokheim.com<br />

www.ono­oil.com www.turpak.com.tr<br />

www.washtec.de<br />

If you have not yet sent us your logo and website address, please do so for the next issue by mailing editor@erpecnews.com<br />

23

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