NEWS IN BRIEF
Attendance for the 2018 NACS Show and
PEI Convention, the leading U.S. event for
the convenience store and fuel equipment
industry, topped 25,000 for the first time
ever, led by a 7% increase in buyers at the
four-day show held October 7–10 in Las
Research group Dunnhumby has revealed
that Kwik Trip, Wawa and Quik Trip are the
top three retailers for food in the $291 billion
U.S. convenience, dollar and drug channels,
according to its nationwide study which was
released at the NACS Show
Sunoco LP has completed the acquisition
of Brenco Marketing Corporation’s fuel
distribution business for around $24 million.
The wholesale fuels business distributes
approximately 95 million gallons of fuel
annually across a network of 160 dealer and
agent-operated locations and 100 commercial
accounts in Central and East Texas.
Repsol Mexico now operates 100 fuel
stations only six months after entering the
country. The aim is to double that figure
by the end of 2019, in accordance with the
objectives set out in their business proposal
presented last March. It is expected that 9%
of those will be new-sites construction.
WEX Inc., a global provider of corporate payment
solutions, is expanding its presence in
Canada with its announcement that it has
integrated with Moneris Solutions Corporation,
Canada’s largest processor of debit and
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SHELL LAUNCHING NEW RETAIL FUEL
PILOT PROGRAMS IN THE U.S.
Shell is the latest company thinking outside the
box and piloting new types of convenience.
The company is stepping outside of the gas
canopy to bring fuel directly to customers in a new
U.S. pilot program, while also ramping up efforts
with electric vehicle charging.
Shell is set to pilot its new “Shell TapUp” appbased
program, which sends fueling trucks directly
to customers to fill up their tanks. While it won’t
send trucks to customers’ homes, it does aim to
provide fill up service to large groups of customers
at once in settings such as large parking lots.
First, Shell is testing the program with Shell employees
and other businesses, offering refueling
in business parking lots. Shell plans to expand the
service to all customers over time, allowing drivers
to fuel up while grocery shopping or dining out.
Shell is also launching a new electric charging
pilot program in California that can charge an
electric vehicle in five minutes. Shell has already
launched electronic-vehicle charging programs
across Europe and in China.
G500 Network expects to add 750 fuel stations to
its network in 2019
The gas group G500 Network expects to add 750
stations in 2019 to its network and expects to
close this year with around 500 units, said CEO
Luz María Gutiérrez in a interview with El Financiero
Gutiérrez stressed that they are looking to exceed
their plan of having 500 units by the end of this
year, because they want to reach more cities.
“Not all stations are conversions of the Pemex
brand to ours, some are new units (...) it is a great
challenge to which the investor group dared to
promote a Mexican brand, not only to compete,
but to compete in world class,“ she said. She
added that it is also important that the new federal
government led by Andrés Manuel López Obrador
allow greater competition in the market by standardizing
the rules for opening new gas stations.
“It’s a great opportunity to remove the procedures
and I think it can be achieved,” Gutiérrez
said. G500 Network was born out of the partnership
between the G500 Gasoline Group, a group of
small and medium-sized gasoline entrepreneurs,
and Glencore , a Swiss company specialising in
the marketing and distribution of petrochemicals.
Vitol acquires 50 per cent of Brazilian fuel
distribution company Rodoil
Vitol has acquired 50 percent of fuel distribution
company Rodoil, the current leader of the sector in
The arrival of the global fuel giant Vitol to the
industry in Brazil is the second major multinational
to enter the market after Glencore acquired
a majority stake in Ale Combustíveis, Brazil’s
fourth-largest distributor, in the middle of this year.
With the entry of Vitol, Rodoil reported that
it will expand its market to the Midwest and
Southeast of the country, in addition to further
strengthening its presence in the South.
“The strategic association foresees investments
in expanding the network of stations, in
logistics and in infrastructure,” the company said
in a statement.
Founded in 2006, Rodoil is expected to register
revenues of approximately R $ 5 billion in 2018.
The company has more than 300 own-brand
stations and provides for another 1,400 stations in
Rio Grande do Sul, Paraná and Santa Catarina.
The operation between Vitol and Rodoil
depends on the approval of the Administrative
Council for Economic Defense (Cade).