Seneca Cos. Receives Safety Award

Des-Moines, Iowa-based Seneca Cos. has been granted a Safety Award from the Iowa-Illinois Safety Council for outstanding achievement in accident prevention during the 2009 calendar year. The company offers multiple divisions to handle Petroleum construction, remodels and service, as well as environmental clean-up, remediation and the use of potentially dangerous machinery for industrial cleaning, hydroblasting

Deepwater Drilling Moratorium Overturned

The U.S. Court of Appeals for the Fifth Circuit ruled last week that the Obama administration could not impose a six-month moratorium on Gulf of Mexico deepwater drilling, according to the New York Times.   A three-judge panel ruled 2-1 that the administration did not prove “irreparable injury” is likely if the moratorium is not

Gasoline Prices Again Headed Higher

Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale costs for gasoline are again moving higher across the country after a steep sell-off in late June into early July, with sharp gains realized during the first full week of July putting prices on either side of levels seen in late June. The increase in wholesale

Lighting the Way

Best Practices for Reducing Operating Costs There is a lengthy list of general maintenance items retailers should have to maximize cooler efficiency. Jerry Lawson, national manager for Energy Star Small Business and Congregations Network, a division of the U.S. Environmental Protection Agency in Washington, recommended the following no-cost tips that are designed to help reduce

RBG, Haskel Thompson & Associates Join Forces

Ft. Myers, Fla.-based Haskel Thompson & Associates LLC has welcomed Royal Buying Group Inc. (RBG) into its Strategic Alliance Program. RBG, headquartered in Lisle, Ill., represents 6,000 convenience locations nationwide. “Our two companies share a joint vision dedicated to maximizing sales and profitability of convenience store and petroleum locations,” said Haskel Thompson. “We are proud

FPMA Announces New Sunshine Food and Fuel Expo

The Florida Petroleum Marketers and Convenience Store Association (FPMA) has announced the inauguration of the new Sunshine Food and Fuel Expo to be held in Kissimmee, Fla. The new show will take place from July 18-19 at the Gaylord Palms Resort.  Conceived as a key part of FPMA’s ongoing re-engineering efforts, the Sunshine Food and

Sunoco Completes Sale of Polypropylene Business

Sunoco, Inc. has completed the previously announced sale its stock of subsidiary Sunoco Chemicals Inc., comprised of its polypropylene business, to Braskem S.A., for approximately $350 million.  “The sale demonstrates our continued progress in realigning our portfolio of assets and provides capital to redeploy for future growth in our core businesses,” said Lynn Elsenhans, chairman

Shell, Motiva Win In Supreme Court

The U.S. Supreme Court has ruled in favor of Shell Oil Co. and Motiva Enterprises LLC in a Massachusetts case filed by independent service station owners, Bloomberg reported. The station owners filed the lawsuit saying Shell and Motiva used rent increases to try to end their franchise arrangements so the companies could usurp operation of

RaceTrac Haiti Fundraising Effort Brings In Over 100k

This week, RaceTrac Petroleum Inc., is donating $102,939.88 to the American Red Cross in support of the Haitian Earthquake Relief effort, the Cedartown Standard reported. The more than $100,000 in funds was raised during last week’s Coffee for a Cause campaign, during which all proceeds from the sale of 16-, 20- and 24-ounce cups of

Boost in Crude Costs to Offset Pass Through Savings

Brian L. Milne, Refined Fuels Editor, Telvent DTN Weekly gains in the gasoline wholesale market driven by higher crude costs leading up to the Valentine’s Day weekend will interrupt the national decline in retail gasoline prices midway through February. The U.S. average price for retail gasoline prices had decreased for four consecutive weeks through the

BP Collaborates With Universities on Materials and Corrosion Research

BP has announced the launch of a major research collaboration with the Massachusetts Institute of Technology (MIT) and the University of Manchester. BP and the universities will work together on materials and corrosion research, as it applies to oilfield applications. The initial investment from BP has been $2 million, with the company intending to match

Chevron Embarks On New Venezuelan Venture

Chevron Corp. has announced that a group led by its Venezuelan subsidiary has been selected to negotiate its participation in a project composed of three blocks in the Orinoco Oil Belt (Faja) of eastern Venezuela. “We look forward to being part of this new opportunity that will expand development of one of the world’s largest

Tennessee Fuel Prices Drop

Gas prices in Tennessee have dropped nearly 10 cents a gallon since the beginning of 2010, the Memphis Business Journal reported. The fall mirrors the average price per gallon in the U.S., which also has declined, according to reports from AAA Auto Club South. The average price per gallon in Tennessee for regular unleaded is

Shell to Cut 1,000 Jobs After Fourth Quarter Decline

Royal Dutch Shell Plc is planning new, deeper cuts to its oil refining and retail operations after downstream weakness caused a 75% decline in fourth-quarter profits to $1.18 billion, Reuters reported. According to CEO Peter Voser, in 2010 the company plans $1 billion in cost cuts and 1,000 job cuts, mainly to come from the

Kroger Opens Smith’s Express C-store in Utah

Smith’s Food & Drug Stores, a division of the Kroger Co., has opened its first Express fuel station and convenience store at 1974 S. 1100 East in Sugar House, Utah, The Salt Lake Tribune reported.   A second location at 873 E. South Temple in Salt Lake City is set to open this month. Both

Evolution Fuels Acquires Second Kansas Fuel Station

Evolution Fuels Inc. has executed a second lease agreement with J&J Developments Inc. (J&J) for a fuel station located in Topeka, Kan.  This is the second station of what Evolution Fuels expects will be a series of locations leased from J&J. The station is located on a prime intersection of Topeka that experiences an average

Zippo Acquires Ronson Corp. Assets

Bradford, Pa-based  Zippo Manufacturing Company has completed the purchase of substantially all of the assets of Ronson Consumer Products Corporation of Woodbridge, N.J., and Ronson Corporation of Canada Ltd.; and certain related assets of Ronson Corporation. Zippo is one of the world’s most widely recognized brands, best known for its iconic refillable windproof lighter. The

The 2010 Foodservice Report

Convenience store operators still not convinced foodservice is the future take heed. The National Restaurant Association (NRA) is predicting record-high sales of $580 billion in 2010. Furthermore, of the 70 different retail segments NRA tracks, the group identified convenience stores as the food industry’s “bright spot” when it comes to meeting consumer demand for fresh

Gulf Oil Acquires Gulf Brand From Chevron

Framingham, Mass.-based Gulf Oil LP, a division of Cumberland Farms Inc., has acquired the rights to the Gulf brand in the U.S. from Chevron USA Inc., the Boston Business Journal reported. Terms of the deal were not disclosed. Gulf Oil began using the Gulf name in 1986 through a licensing agreement with San Ramon, Calif.-based

Fuel Rising Fast

By Brian L. Milne, Refined Fuels Editor, Telvent DTN The average price for regular grade gasoline sold at retail outlets across the United States is poised to climb to a 15-month high early this week when government pricing data is released, with the Jan. 4 average reported at a $2.665 gallon two-month high. A 3-cent

OPMCA Appoints Vice President

The Ohio Petroleum Marketers and Convenience Store Association (OPMCA) has named Christina Haddad Polesovsky as vice president of the organization. Polesovsky will oversee government and regulatory affairs as well as assist the president and CEO in managing administrative and public relations functions for the statewide trade association. Polesovsky most recently served as chief of staff

Protecting Cigarette Sales

TOP PERFORMERS Altria Sales & Distribution (Philip Morris USA) R. J. Reynolds Lorillard HONORABLE MENTIONS Liggett Vector Natural American Spirit/Santa Fe (Reynolds American) Commonwealth Brands Despite the wild nine-month ride that saw a large federal tax increase and the Food & Drug Administration gain control over the category, cigarettes continue to dominate in-store sales, accounting

Changing its Stripes

Susser Holdings Corp. at a glance A dynamic marketer Based in Corpus Christi, Texas, Susser Holdings is the largest non-refiner, convenience store operator in Texas, with additional stores in Oklahoma and New Mexico. It operates 516 convenience stores through its Stripes LLC division and is the 19th largest c-store chain in the U.S. Convenience Store

Acquisitions Fuel EZ Energy’s Growth

EZ Energy USA At a Glance Headquarters: Mansfield, Ohio Stores: 92 (68 company-operated and 24 dealer-operated sites) Total Estimated Sales: $480 million Markets of Operation: northeast and central Ohio, Pittsburgh Retail Brands: ampm, Easy Trip Fuel Brands: BP, Marathon Fuel Volume: 160 million gallons annually While many marketers are struggling to ride out this economic

Marketing the Forecourt

When it comes to convenience stores, every square inch of selling space is precious real estate. And when the inside of a store is fully merchandised, the only place left to go is the forecourt area. Some convenience store retailers have always made good use of the forecourt area—whether or not it featured fuel pumps—to

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