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Shell enters a new part of the energy market in the U.K.

As Shell sees a new electricity value chain emerging in the U.K. in which customers play an increasing important role in managing their use and selling some power back to the grid, Shell Petroleum Company Limited signed an agreement to buy 100 percent of First Utiliy. The company is a leading independent U.K.-based household energy and broadband provider. Shell’s energy supply, trading and marketing expertise, combined with First Utility’s experience in serving around 825.000 homes in the United Kingdom, will enable the oil company to expand its energy supply business from commercial and industrial customers into the residential sector.

ExxonMobil sells 1,000 Esso-branded service stations in Germany

Leading British fuel retailer Euro Garages is moving into the German market with a huge acquisition. Under the agreement, ExxonMobil is selling close to 1,000 sites to EG Group and converting its business to the branded wholesaler model already in place in other European markets and North America. The company will continue selling ExxonMobil-supplied Synergy fuels and Mobil-branded lubricants at the Esso-branded stations. The German market offers great opportunities and is the logical extension of our business throughout Europe, says Mohsin Issa, founder and co-managing director of Euro Garages.

ADNOC Distribution will open fuel stations in Dubai and Saudi Arabia

The state-owned ADNOC Abu Dhabi National Oil Company Fuel Distributor currently operates 365 filling stations and 235 convenience stores across the United Arab Emirates except Dubai, where the only fuel operators are Enoc and Emarat. Now, at least 13 new stations will be launched by ADNOC. Three in Dubai, nine in Abu Dhabi, Ajman and Fujairah and at least one in Saudi Arabia.

Sources: ExxonMobil, Shell, PetrolPlaza, NACS Daily