Fuel & Forecourt News

Armidale petrol market lacks sufficient competition

Relatively weak retail competition in Armidale has contributed to the increase in retail margins and profits in recent years, according to the latest regional petrol report from the Australian Competition and Consumer Commission (ACCC).  ACCC Chairman Rod Sims says Armidale motorists have been paying on average around eight cents per litre …

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Puma Energy acquires BP terminal in Northern Ireland

The globally integrated midstream and downstream energy company, Puma Energy, has signed a purchase agreement with BP to buy its bulk storage fuel terminal in Belfast, Northern Ireland. The addition takes Puma Energy’s global network of bulk storage terminals to 100, culminating in a total storage volume of 7.9 million …

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