BP’s 300 company-owned fuel stations will no longer accept Arval fuel cards from the 31 October.

Increasing costs reportedly brought about the decision, although a BP spokesman refused to give firm reasons for the move.

The company did, however, confirm that the decision to terminate the long-standing partnership was “a particularly difficult one, but necessary in the current business environment”.

Arval, however, denied that the termination was definite, saying: “Arval and BP are currently involved in commercial discussions regarding the continued inclusion of a percentage of BP sites within the AllStar network.”

Chris Davies, mareting director for Arval, said: “We are confident that a positive outcome can still be reached.”

There are currently 1200 BP-branded stations in the UK, but only the 300 company-operated ones are certain to be affected.

The fuel firm has suggested its independently run BP-branded stations might still accept Arval cards, depending on the decision of the operator.

The 300 BP-owned stations can be identified by the fact that everything on the forecourt, including the shop, is BP branded.

The company apologised for the inconvenience its move will cause.