${log.root}/lowem.log
Inflation, Investing and Everything


All | Musings | Tech | Java | Biz | Energy | Env

AddThis Feed Button
20060608 Thursday June 08, 2006

7-Eleven to run 65 Shell petrol stations across Singapore

channelnewsasia.com :

7-Eleven will take over the running of all but three of Shell's 68 petrol stations across Singapore, starting with the first four in August. It will also inherit all 1,500 petrol station staff. 7-Eleven will operate the mini-marts as well as man the pumps. The move comes less than two months after Exxon Mobil announced a similar alliance with NTUC Fairprice. The big oil giants are roping in retail partners to make their petrol stations more profitable.

The partners aren't saying how much they're spending on the conversion, only that it will be less than Exxon and NTUC because they have less stations to convert. Their rivals are pumping in S$30 million to revamp and run 74 service stations.

When asked about further expansion plans, Shell says its priority right now is on converting its existing petrol marts into 7-Eleven stores. But at the same time, it is on the lookout for viable and attractive locations, especially in newer heartlands. Shell says it has been shutting down stations in the central areas - including one along Newton Road and another along the Stevens Road highway exit - because leases have come up or the urban planning for the area has changed.

See also :

1. ExxonMobil announcement on NTUC FairPrice Xpress stores, conversion of Mobil to Esso brand

(2006-06-08 00:27:58 SGT) [Biz] Permalink

Comments:

Post a Comment:

Comments are closed for this entry.




Most popular blog postings on lowem.log :

1. 2010 Nissan Leaf electric car specifications : 107hp, 24KWh lithium-ion batteries, 100-mile range
2. 2010 Honda CR-Z hybrid, 2010 Honda Fit/Jazz hybrid models confirmed
3. 2010 Honda Civic Hybrid preliminary specifications released
4. Singapore SIBOR rate falls to 0.69% in Jan 2009, lowest since Apr 2004
5. How to insert currency exchange rates into Google Spreadsheets
6. Singapore : Nuclear power not ruled out
7. Live spot gold price quotes chart on COMEX
8. 2010 Toyota Prius specifications released : 50 mpg, 1.8L, 134hp, Ni-MH, solar roof option

Featured articles on lowem.log :

1. 2010 Honda Civic Hybrid preliminary specifications released
2. 2010 Honda CR-Z hybrid, 2010 Honda Fit/Jazz hybrid models confirmed
3. 2010 Toyota Prius specifications released : 50 mpg, 1.8L, 134hp, Ni-MH, solar roof option
4. Honda, GS Yuasa JV to make lithium-ion batteries for 2010/2011 Honda Civic Hybrid
5. New efficient nanotech materials may boost enhanced geothermal power systems
6. NYMEX crude oil recovers from $32.40 low after 2.2 mbpd OPEC production cut announced
7. Singapore property market recovery seen as private home sales surge 52% in Jul 2009
8. Singapore SIBOR rate falls to 0.69% in Jan 2009, lowest since Apr 2004





search
sponsored links





bookmarks

about
my profile
contact me

blogroll
biow/ken/wenn
reviewem
sgenergycrisis

sites
photo gallery
wiki

quotes
live oil prices
live gold prices

charts
live forex rates
live oil chart
live gold chart
live silver chart

historical
crude oil chart
gold chart
silver chart


navigation
decals

Featured blogger at The Energy Collective
Click for Singapore, Singapore Forecast





rss feed for lowem.log

Get Firefox!

powered by
hosted by