World Headlines

England, UK: BMI Sees Lower Fuel Prices to 2016

London-based Business Monitor International has forecast a fall in refined fuel prices between now and 2016, with the sharpest overall fall occurring between 2012 and 2014. North American consumers, the company says, will benefit less from this trend than those in other regions, while refiners are expected to struggle, particularly in Europe and the United States. 


Subway Plans 2,500 More Locations Worldwide in 2012

Subway has announced plans to open 2,500 new outlets in 2012, building on its success in 2011, which saw 2,400 new locations open worldwide. The quick-service restaurant chain expects to add 25,00 full and part-time positions as a result of the expansion, which has been driven by opening outlets in non-traditional locations such as convenience stores and fuel service stations.


BP Expects Rising Energy Demand to 2030

BP expects global energy to rise between now and 2030 despite ongoing efficiency gains, driven by growth in non-OECD countries. In Energy Outlook 2030, the oil major predicts global energy demand growth of 1.6% annually, almost all of which will come from non-OECD countries: OECD nations are forecast to increase consumption by just 4% in the next 20 years.


KPS Reports on Successful Year

Leading petrol piping maker KPS has reported on a hugely successful year, in which the firm released an unprecedented volume of new products. Solutions hitting the market included a conductive tank chamber and dispenser chamber in January, with both products now accompanied by additional dispenser chamber models and an underground fill box. 

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