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Expert View
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The EC has raided several oil companies in response to claims that they have been fixing prices for fuel. If they are found guilty, motorists and independents will welcome future pricing transparency of fuel, while the oil companies will feel the financial strain on their downstream businesses regardless of whether they are held responsible or not.
Published By Datamonitor
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16 May 2013 |
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Expert View
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LNG production and exploration has increased significantly since 2010, with the top five global fuel retailers making it a major part of their future strategies. These companies have focused on upstream production of LNG, but are neglecting the retail distribution infrastructure and the relative lack of vehicle manufacturers that make natural-gas-powered vehicles.
Published By Datamonitor
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29 Apr 2013 |
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Expert View
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The regular fuel price cuts from UK supermarkets over the past fortnight highlight the concern that the current fuel retailing strategy of supermarket retailers is unsustainable in the long term. As demand grows for alternative fuels, oil companies will have an enduring competitive advantage as innovators and producers of fuel.
Published By Datamonitor
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25 Apr 2013 |
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Expert View
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Under an agreement signed with the Spanish government, Respol will be installing 300 electric vehicle charging points at its sites. The move is not without risk, as there is currently little consumer demand for alternative fuels, but with conventional oil prices soaring, Repsol aims to boost dwindling revenue by entering into an innovative and expanding market.
Published By Datamonitor
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22 Feb 2013 |
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Expert View
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In February, two major fuel retailers launched promotions in an attempt to generate loyalty and promote higher margin, non-fuel products and services. However, with a recent Verdict survey indicating that European motorists are more concerned about fuel prices and service station location and less about brand loyalty, retailers will find it difficult to make customers interested in such schemes.
Published By Datamonitor
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21 Feb 2013 |
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Expert View
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Small fuel distributors in Italy should look at non-fuel options to raise their profits, mirroring the success of this strategy in other markets and mitigating against the negative impact on profits from the high cost of absorbing fuel discounts.
Published By Datamonitor
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19 Dec 2012 |
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Expert View
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Shell's buyout of Neste sites in Poland has emphasized the potential for fuel retailers in Central and Eastern Europe. Poland is a market where fuel retailing has been on the up for the last five years, and is estimated to continue in this vein all the way to 2015.
Published By Datamonitor
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19 Dec 2012 |
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Expert View
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The rise in fuel card sales across Europe has encouraged supermarket chains to enter this lucrative and ever-expanding market. Supermarkets have realized that they can dominate, and fuel retailers will be rapidly attempting to claw back whatever consumer base they have left.
Published By Datamonitor
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20 Nov 2012 |
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Expert View
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International fuel cards are the future, and are already eating into the domestic share of the market. To remain competitive, companies that only have domestic fuel cards should look to partner with similar firms or join up with an existing major player.
Published By Datamonitor
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19 Nov 2012 |
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Expert View
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Smart card manufacturer Giesecke & Devrient and Sitronics Smart Technologies are partnering with Russia's largest mobile operator, Mobile TeleSystems, and Russia's second largest oil company, Lukoil, to launch contactless mobile payments systems at petrol stations, highlighting the growing inroads the sector is making in the Russian market.
Published By Datamonitor
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03 Nov 2011 |
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