Search results for : diesel
Bahamas Waste banks on bio-diesel
November 03, 2011
Bahamas Waste banks on bio-diesel
Bahamas Waste has made considerable strides in their bio-diesel department, Guardian Business can reveal, as the managing director predicts his entire fleet will be powered through this method by sometime next year.
If accomplished, the move could mean higher profits for shareholders and indeed spark a revolution for other industries depended on oil and gas.
"We're hoping that next year, every tru...
Government announces increase on gasoline and diesel
October 11, 2011
Government announces increase on gasoline and diesel
The Ministry of Labour and Social Development has announced that the government has granted a 10c margin increase on gasoline and 15c increase on diesel to Petroleum Retailers with effect from 12th October. This is the first margin increase in gasoline in 10 years for retailers and 30 years for diesel.
October 11, 2011
Government agrees to increases in gasoline and diesel margins
Ministry of Labour & Social Development press release NASSAU, Bahamas -- The Ministry of Labour and Social Development advises the public that after consultation with the Petroleum Retailers Association, the Government has agreed to increases in the gasoline and diesel margins. These margin changes apply only to retailers.
There has been no increase in the fuel margin for retailers since 2002. ...
May 17, 2011
Grand Bahama Power Company signs agreement to construct 52MW diesel plant
Freeport, Grand Bahama
-Grand Bahama Power Company (GBPC) announced today
the signing of the contractual agreement with Burmeister & Wain
Scandinavian Contractor (BWSC) and MAN Diesel & Turbo (MAN) to construct
GBPC's new 52 MW HFO diesel plant.
This announcement follows news a few
weeks ago that the GBPC and the Grand Bahama Port Authority had agreed
to a new rate structure allowing the ne...
April 28, 2011
Diesel to become scarce at gas stations, predicts service station President
By ALISON LOWE
Business Reporter
alowe@tribunemedia.net
DIESEL fuel is to "become more scarce" in short order, the President of the Bahamas Petroleum Retailers Association has warned, as retailers face growing problems with cash flow in light of further hikes in the wholesale cost of diesel and gasoline.
Oswald Moore, President of the Bahamas Petroleum Retailers Association (BPRA), said that re...
March 15, 2011
Frustrated gas stations stop selling diesel for 12 hours
The economic threat of a day without gasoline being served at pumps throughout the Bahamas looms, as petroleum retailers today meet with the Government to ask for a rise in the fixed mark-up they are allowed to collect on a gallon of gas or diesel, given business conditions which some claim could put them out of business altogether if not addressed.
Providing evidence of their plight, the Margi...
Gas stations cut diesel supply
March 13, 2011
Gas stations cut diesel supply
The Bahamas Petroleum Retailers Association (BPRA) yesterday placed a ban on the sale of diesel for several hours – a measure taken to demonstrate to the government how serious it is about agitating for a marginal profit increase.
The petroleum industry operates on fixed margins controlled by the government.
Diesel retailers initially planned not to sell diesel for a full day. However, most...
Petrol retailers stop diesel sale
March 11, 2011
Petrol retailers stop diesel sale
LOCAL petroleum retailers stopped the sale of diesel at all their locations yesterday.
The move forced the government to agree to meet with them on Monday with a view to address their diesel mark-up which, it is claimed, has not been increased for more than 30 years.
At a price of $4.54, retailers claim they are only making 19 cents on a gallon of diesel sold. This margin, they said, is unsustai...
Gas station ordered shut in leak probe
April 25, 2024
Gas station ordered shut in leak probe
AN Abaco gas station has been ordered to close pending an investigation into a diesel leak from its fuel line that has affected the island's drainage system.
Petroleum retailers "nearing the finish line" in talks with government says association's vice-president
April 17, 2024
Petroleum retailers "nearing the finish line" in talks with government says association's vice-president
NASSAU, BAHAMAS — Petroleum dealers and the government have moved "beyond the stalemate and are nearing the finish line" in their discussions, according to Vasco Bastian, Vice-President of the Bahamas Petroleum Dealers Association. He noted that they are confident in the current status of those talks. Bastian told Eyewitness News that while nothing has materialized as [...]
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