SUNOCO

Future Of Sunoco Gas Stations

Changes ahead for Sunoco with definitive merger agreement with Energy Transfer Partners Energy Transfer Partners, a Texas pipeline company, has received many calls about Sunoco’s gas stations since the merger was announced April 30, Martin Salinas Jr., the company’s chief financial officer, told analysts this May. Kelcy Warren, CEO of Energy Transfer Partners, bought Sunocoo

Getty

Getty Realty Corp. Repossesses 788 Properties

Getty enters into new lease agreements with affiliates of Lehigh Gas, Chestnut Petroleum Distributors, Ramoco Fuels and Sam’s Food Stores. Getty Realty Corp.’s master lease with Getty Petroleum Marketing Inc. (Marketing) has been rejected by Marketing effective April 30, 2012, pursuant to an order of the Bankruptcy Court.   The rejection was consistent with the

acquisition

Global Partners To Gain 542 Gas Stations

Global Partners acquires Alliance Energy in a deal expected to close in the first quarter of 2012. Global Partners LP is acquiring Alliance Energy LLC, which operates 542 gas stations in New England, New York, New Jersey and Pennsylvania, for about $116 million, Reuters reported. The deal is expected to close in the first quarter

Global Partners Acquires 42 Exxon Stations

Global Partners LP, a wholesale distributor of gasoline, distillates and residual oil in New England, has completed the final phase of its acquisition of 42 Mobil-branded and operated retail gas stations and fuel supply rights in Massachusetts, New Hampshire and Rhode Island. Earlier this month, the Partnership completed the acquisition of 148 dealer-operated Mobil stations,

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