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Headlines
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Friday, 03 February 2012 |
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 This
week sees the final registrations for the forthcoming PetrolWorld
business meeting forum in Goa. This will be the 15th PetrolWorld forum
which will be held in the Intercontinental Lalit Resort in Goa between
22nd and 24th February. This will be the only PetrolWorld Forum to be
held in Asia this year.
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Friday, 03 February 2012 |
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2012
sees Heil Trailer complete its carve-out from Dover Corporation and
sale to American Industrial Partners announced at the beginning of
January in the US.
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Thursday, 02 February 2012 |
Oil importer Zhuhai Zhenrong has vehemently denied claims that it exports fuel to Iran, calling such claims "groundless". Speaking to reporters, a spokesman said the firm has “never exported even one tonne of fuel to Iran,” despite sanctions imposed by the U.S. State Department.
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Wednesday, 01 February 2012 |
Leading resource optimisation consultancy ORTEC has signed a new deal with long-term client Shell to work together on a global scale. The companies, which have a business relationship dating back over 25 years, will work to improve supply chain processes and strategic decision making in both upstream and downstream engineering disciplines including planning and scheduling, gas field production capacity optimisation, spare parts management, and cost estimating.
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Tuesday, 31 January 2012 |
Total Oil has earmarked up to $40m to expand its Indonesian operations. Asif Iqbal, Vice President of Retail and Sales at Total Oil Indonesia, says the firm plans to more than double its fuel service station business with the investment.
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Monday, 30 January 2012 |
ExxonMobil has announced plans to restructure its Japanese operations together with TonenGeneral Sekiyu to create a single, integrated downstream business. TonenGeneral Sekiyu has agreed to purchase ExxonMobil’s shares in ExxonMobil Yugen Kaisha, integrating ExxonMobil Yugen Kaisha’s marketing operations with its existing business, in a deal worth roughly $3.9bn.
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Saturday, 28 January 2012 |
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The
PetrolWorld APAC Business Forum taking place in Goa between 22nd &
24th
February is entering its final week of registration. Confirmed
delegates
will be traveling from 22 countries and 5 continents. Supplier delegate
companies include a wide variety of equipment, technology and solution
categories. This includes: alternative fuel equipment, additives,
composite
panels, automated refueling and payment systems, cash handling and
security,
fuel dispensers, fill point equipment, underground storage tanks, food
franchise, commercial pumps, logistic solutions. fuel management systems
and
software, payment solutions, piping systems, pricing solutions and
technology,
retail automation, service station network information and competition,
signage, transaction technology, training solutions, consultancy
services,
outsourcing, and network optimisation.
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Friday, 27 January 2012 |
Mexico’s state-run oil firm, Pemex, has said that it is making progress on an industrial accord with Repsol YPF following a long boardroom battle. The proposed agreement will see Pemex maintaining its stake in Repsol at between 5% and 10%, while the two sides will also seek opportunities to collaborate on mutually beneficial projects.
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Thursday, 26 January 2012 |
Franklin Fueling Systems has released its latest product, an Enhanced DC400 Dispensing Cutoff System, designed to ensure that liquid intrusion into containment spaces does not go undetected. The newly-designed system achieves total dispenser or submersible pump shutoff on detwection of liquid inside spaces with maximum precision.
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Wednesday, 25 January 2012 |
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.
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