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

 


Shell again passes on savings to consumers


Shell again passes on savings to consumers - another two cents off petrol and diesel

Shell New Zealand today announced another two-cent reduction in the price of both grades of petrol and diesel, effective immediately at most service stations in the Shell network.

Shell New Zealand retail manager Bruce Emson said that the strengthe of the New Zealand dollar coupled with international oil pricing meant that Shell was again in the position to pass on benefits to the New Zealand motorists.

"As a market leader Shell is once again the first company to move to bring prices down when conditions allow. This is all part of Shell's continued commitment to bringing New Zealand motorists the best possible fuel prices.

"Shell will continue to monitor prices on a daily basis and we we will pass any benefits as a result of oil price reductions, or the strength of the New Zealand dollar on to the motorists," Mr Emson said.

The price at the pumps for 91-grade petrol will drop to 101.9 cents per litre, while 96-grade will drop to 106.9 cents per lire and diesel reduces at 63.9 cents per litre.

Mr Emson said this price drop will not apply in areas where strong competition has already seen prices fall below the prices announced today.


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Onetai Station: Overseas Investment Office Puts Ceol & Muir On Notice

The Overseas Investment Office (OIO) has issued a formal warning to Ceol & Muir and its owners, Argentinian brothers Rafael and Federico Grozovsky, for failing to provide complete and accurate information when they applied to buy Onetai Station in 2013. More>>

ALSO:

Tomorrow, The UN: Feds President Takes Reins At World Farming Body

Federated Farmers president Dr William Rolleston has been appointed acting president of the World Farmers’ Organisation (WFO) at a meeting in Geneva overnight. More>>

ALSO:

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>>

ALSO:

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>>

Earlier:

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>>

ALSO:

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>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news