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Showing posts from May, 2009

BHPetrol: British Petroleum in Malaysia

British Petroleum's green petrol stations were once upon a time all over Malaysia. Starting in February 2005, all of the green slowly became orange, and the august logo "BP" became replaced with a more modern looking "BHPetrol". If the old logo looked like a school badge, the new logo looked like a Web 2.0 logo. It was a rebranding process, to reflect the takeover of BP Malaysia Sdn Bhd. Thirty per cent of the company was held by Lembaga Tabung Angkatan Tentera, while the remaining seventy per cent was held by LTAT's subsidiary company, Boustead Holding Bhd. Thus, Boustead Holding Berhad came to change the name of BP Malaysia Sdn Bhd to Boustead Petroleum Marketing (M) Sdn Bhd. (Source: BHPetrol News and Media Archives. Boustead to rebrand BP Stations .) The whole matter began in 2004 when BP Malaysia and LTAT concluded talks to sell BP's 70% stake in BP Malaysia Sdn Bhd to LTAT. (Ref: Gulf Oil and Gas, 3rd January 2004. LTAT To Purchase BP's Shareho...

Petrol Stations: Venue for Crime

NST recently reported that a group of Turkish tourists have been caught for a spree of robberies at petrol stations. From the report: KUANTAN: While other foreign tourists come to Pahang to spend money on shopping and sightseeing, a few Middle Eastern people have been making money by stealing and robbing petrol stations. The robbers travelled in groups of three to five people, including women and children as young as 14, and had been going on a robbing spree since February. Police have identified some of the Middle Eastern men and women involved. They would walk into the stations under the pretext of changing money before grabbing the cash in the counter. (Source: New Straits Times, 27th March 2009. Turkish Group Robs Petrol Stations .) Why is it that petrol stations are targeted by criminals? Perhaps, it is the fact that the petrol station remains stationary, and is a convenient target. Criminals can plan when and where to attack -- at their convenience. They may be hiding in vehicle...

Watch: Oil Addiction (GOOD magazine)

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Recently I came across this video. I thought that it was good when I first viewed it. I still do. It was obviously done up during the few weeks that culminated the peaking of oil at US$147 per barrel. While the panic causing events have passed, what is relevant is that oil is still being consumed and hybrid engine vehicles are still a rarity. Watching the video, I could not help noticing the matter-of-fact statement that 85% of the world's energy needs are provided by fossil fuels. Part of the underlying assumptions for this video is that population will always increase, leading to more and more demands for energy, food, etc. Obviously, our dependency on oil as a source of energy will not change drastically -- not in the near future. Population needs will however increase, thanks to population increase. Many years ago the philosopher Malthus imagined that one day man would fail to obtain an adequate supply of food due to the constantly increasing population. But to date that has no...