Asia, Middle East & Africa
NEWS IN BRIEF
NEWS IN BRIEF
Emirates National Oil Company (ENOC)
has announced a new partnership with
Microsoft to design and develop the service
station of the future in Dubai. The concept
centres on the digital transformation of the
forecourt to enhance the consumer experience,
a statement said.
Israel has become the latest country to
unveil plans for a ban on the sale of petrol
and diesel cars, revealing it intends to phase
out polluting models from 2030. Energy
minister Yuval Steinitz, confirmed the government
will introduce new tax breaks for
electric vehicles and set up the roll out of EV
Dubai’s Roads and Transport Authority
(RTA) will begin testing an electric driverless
taxi at a residential area in Dubai Silicon
Oasis from December. The trial phase will
run for three months, and after this period
the RTA will decide where and when this can
be rolled out.
Woqod has opened two new petrol stations
in Lusail-Fox Hill and HIA. The two new
stations brings the total number of Woqod
sites in Qatar to 69.
Indian Oil has opened plastic collection
centres at filling stations. The initiative aims
to aid the disposal of waste plastic.
Chinese firm Sinopec is to open its first petrol
kiosk in Yishun, Singapore this quarter.
Sinopec is the second Chinese firm after
PetroChina to enter the multibillion-dollar
fuel retail market in Singapore.
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INDIA’S PRIVATE FUEL RETAILERS
CONCERNS ON PRICE DEREGULATION
Price controls on transport fuels are likely to hurt
the expansion of private fuel retailers Rosneft-led
Nayara Energy, Shell and Reliance Industries,
amid concerns that rising global crude prices and
approaching elections may tempt the government
to give a heavy subsidy to sales by competing
outlets of state firms.
The announcement brought a sense of déjà vu
to private fuel retailers. India freed up petrol prices
in 2010 and diesel prices in 2014, that allowed
private retailers to reopen their pumps that were
mothballed for years after the government allowed
price controls to snap back a decade ago.
The first round of fuel deregulation, in the early
2000s, had lasted just a few years, during which
Essar Oil and Reliance Industries had made a significant
dent in the state monopoly in fuel retailing.
However, public anger after crude oil’s rise to
record levels forced the government to resume
heavy subsidies that made private sales unviable.
But in the last four years, private players had
rebuilt their network, reopening older pumps and
adding new ones.
With about 4,750 outlets, the biggest private
retailer Nayara Energy is likely to be the most
affected by price controls. Reliance Industries has
moved slowly and has just about 1,400 outlets.
Shell, the only foreign player operating in the country,
has 114 outlets. State oil companies control
about 57,000 outlets.
Hindustan Petroleum signs agreement with Tata
Power for EV charging network in India
Indian government-owned oil company, Hindustan
Petroleum has signed a MoU with Tata Power for
setting up large-scale charging stations for electric
vehicles at its petrol pumps.
The EV charging infrastructure will be set at
all HPCL retail outlets in India and also at other
locations. Both the companies will combine forces
and have agreed to collaborate in the planning,
development and operations of charging facilities
on a commercial scale.
Electric cars, e-rickshaws, electric bikes
e-scooters and electric buses will be allowed to
charge in these facilities. Tata Power and HPCL
also will jointly collaborate to explore more areas
of opportunities and collaboration in the field of
Praveer Sinha, CEO & Managing Director, Tata
Power, said, “By servicing electric vehicles through
the proposed charging stations across India, Tata
Power will be playing a crucial role in enabling a
stronger penetration of EVs in the country, thus
fulfilling our commitment to power India’s future in
an environmentally sustainable way.”
Rajnish Mehta, Executive Director, Corporate
Strategy Planning and Business Development,
HPCL said, “We believe that a robust network
of charging stations is very critical for market
acceptability of EVs which will also ensure last
mile connectivity and thereby facilitate widespread
adoption of EVs.”
The Indian government aims to have 15% of
new vehicles sales in India to be all-electric vehicles
and a lot will depend on the development of
Shell Oman Marketing signs agreement with
Ooredoo as digital partner Ooredoo has signed an agreement with Shell
Oman Marketing Company, the leading fuel
marketing company in Oman, to provide network
solutions, as well as high quality and reliable
telecoms services to their network of 187 retail
Service Stations, strategically located throughout
Ian Dench, CEO at Ooredoo, said, ‘We are
delighted to be chosen as Shell Oman Marketing
Company’s digital partner of choice to offer tailor
made solutions covering both mobile and fixed
technology. We are excited about starting this new
journey with them to help grow their business with
the right communications infrastructure.’
Continuing to help companies ‘Be Digital’,
Ooredoo provides organisations of all sizes with
a portfolio of cutting-edge products and services.
Ooredoo will provide Shell Oman Marketing Company
with a range of dynamic solutions, including
PBX services, Ooredoo Internet leased lines (OIE),
Shahry Business Packs and bulk SMS services.
This will improve existing network connectivity
and optimise costs, which will result in greater
business operational continuity and efficiency.