Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Gull Runs Out Of Diesel - Cuts Petrol Prices

Gull Petroleum, which has kept many diesel users supplied with uncontaminated fuel during the recent diesel quality crisis, is finally exhausting its stocks - and immediately reclaiming the initiative in the marketplace by cutting the price of its petrol by up to two cents a litre at all its stations from Whangarei to Palmerston North.

Gull 91 petrol will now sell for $1.079 and premium for $1.129.

Operations manager Ulrik Olsen said Gull had been glad to help diesel users through the difficult period and to welcome "many new customers", but it was inevitable supplies would eventually fail to keep up with sales increases as high as 700 per cent in some locations.

Several service stations had run out today and the remainder were expected to do so tomorrow.

"We couldn't purchase from any of the other companies the same high quality product that we've been supplying, so we have chosen to run out of product rather than compromise on quality. We have assured customers that our diesel will always be free of cheap, problem-causing additives and low in sulphur," Mr Olsen said.

Replenished diesel supplies are expected to be available at Gull stations around the end of the month.

Mr Olsen said the reduced petrol prices were intended to attract extra customer traffic to Gull stations now the rush for diesel is ending. "We are confident people will find our petrol is the same high quality as the diesel, and the move will keep the major oil companies on their toes as well," he said.

© Scoop Media

Business Headlines | Sci-Tech Headlines


I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>


Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>


Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>


Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news