Retail Accounting

Retail Accounting news – brought to you by CounterBooks –

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Oil and Gas: Mergers and Acquisitions Report

Oil and gas M&A activity in 2014 has centred on rationalising property mixes rather than expanding asset bases.Oil and Gas M&A

This free whitepaper from Deloitte takes an in-depth look at what’s affecting merger and acquisition activity.

In this whitepaper you will learn:

1. What’s causing the decrease in M&A in the oilfield sector

2. Which were the largest M&A deals for 2014

3. What’s driving an increase in M&A in refining and marketing

4. How the economic recovery has affected M&A

Access the whitepaper here.


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UK Fuel Market Review

We found this interesting whitepaper from Deloitte which examines changes in the fuel retail sector including:Deloitte: UK Fuel Market Review

–  Petrol station numbers in the UK

– Total fuel sales

– Movements of the key brands in the sector

To find out more see


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PRESS RELEASE: CounterBooks Launches Newly Redesigned Interface

CounterBooks' Redesigned Interface

CounterBooks, a leading Online Retail Accounting Management Suite for the fuel, convenience and general retail industry, is pleased to announce today, the launch of the redesigned graphical interface of CounterBooks.

The focus of the redesign has been to improve the user experience from daily reconciliation through to real time reporting. This follows a series of exciting developments at CounterBooks including the introduction of the Retail Management Information System and the Billing Control System.

The same great features and benefits of CounterBooks have been maintained but navigation has improved with fewer clicks, easy to follow navigation (breadcrumbs), dynamic menus and enhanced drill down. The redesign is currently being rolled out to all CounterBooks’ fuel, convenience and general retail clients in the UK and across Europe.

John Roberts, Managing Director, CounterBooks said “Having launched the first cloud based version of CounterBooks in 2003 we started on a redesign in 2013 and I am delighted to be able to roll out the new system to all of our customers this autumn. With over 1000 files and 150 pages to modify, our IT team had their hands full and I’m pleased to say, they did a great job. Enjoyment and accounting systems use probably don’t go hand in hand, but I am sure our customers will love the improvements.”

To learn more about CounterBooks please visit

About CounterBooks
CounterBooks was developed in 2001 – 2002 and launched on 1st January 2003 as the world’s first on-line full ledger accounting system designed specifically for retailers. CounterBooks was originally developed as a Pro-Retail MS DOS system by a frustrated computer-programmer-turned-retailer who struggled with traditional accounting systems which were not developed for retail businesses. His aim was to provide an easy to use system suitable for a retailer with no accountancy experience while still providing full easily understandable data reporting.

For further information about CounterBooks, including case studies, images or interviews, please contact, Laura Shafer – Marketing Assistant:-

Telephone: +44 207 099 1050

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Primary energy consumption in the EU declined to its lowest level in almost two decades


  • The EU’s primary energy consumption declined by 0.3% in 2013 to 1675.9 Mtoe, the lowest level since 1995, with energy intensity (the amount of energy required per unit of GDP) falling by 0.4% to the lowest level on record.
  • Primary energy consumption dropped despite a 13% rise in renewables energy consumption and an 8% rise in hydroelectricity, as these were dwarfed by a 2% drop in fossil fuels and a 1% drop in nuclear generation.
  • Consequently, the share of fossil fuels in the energy mix fell to 77% in 2013, a record low, while renewables reached a record high of 6.6%.
  • The largest increments in renewables was in wind (7 Mtoe, 16%) followed by biomass (3 Mtoe, 9%), then solar (3 Mtoe, 17%) and finally geothermal (0.1 Mtoe, 5%).
  • The EU’s carbon intensity of primary energy declined by 1.3% to 2.3 tonnes of CO2 per tonne of oil equivalent in 2013 as carbon emission dropped by 1.9% to 86.2 Mt.
  • The consumption of all three fossil fuels declined, with oil undergoing the largest decline (13.6 Mtoe, 1.9%) followed by coal (8.1 Mtoe, 2.5%) and then natural gas (5.4 Mtoe, 1.1%).
  • Fossil fuels production also declined in 2013. Oil production fell 4.4 Mtoe (5.8%), natural gas 1.0 Mtoe (0.5%) and coal 13.5 Mtoe (7.9%).
  • With fossil fuel consumption declining faster than production, the EU’s fossil fuel imports fell by 0.6% to 921.6 Mtoe in 2013, the lowest level in a decade.
  • The EU’s natural gas imports continued to shift from LNG towards pipeline with net LNG imports down by 29.7% and net pipeline imports up by 3.7%.
  • The composition of the EU’s natural gas pipeline imports in 2013 reversed much of the shifts seen in 2012; imports from Russia expanded by 19.5%, increasing Russian share of EU’s consumption to 31%, while imports from Norway declined by 4.6% to a share of 23% and North African imports declined by 20% to 6% of consumption.




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Major oil companies shift focus away from downstream activities

Fuel Retail

Major oil companies are now placing greater emphasis on their upstream activities meaning that independent fuel retailers are gaining a greater market share of downstream retail. In fact, independent fuel retailers now own 20% of all petrol stations across Europe. This trend is most prominent in less mature European markets in particular Bulgaria and the Czech Republic.

To read the full article see:


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Global Trends in the Oil and Gas Industry

Global Trends in Oil and GasWe came across this interesting whitepaper looking at global trends in the oil and gas industry and thought it would be great to share.

It covers four key areas including:

–       M & A Hotspots: A global look at the opportunities in the oil and gas industry and the risks associated.

–       North America Explosion: A look at the rise in investment in North America, particularly as North America faces becoming one of the world’s top oil and gas producers.

–       The Ripple Effect: The effect of the North American explosion.

–       What the future holds: A look at shale gas and the countries that show promise in this regard.

You can view the full white paper here: