BP plans to resolve all of the citations issued to it by the U.S. Department of Labor’s Occupational Safety and Health Administration by the end of the year. BP Products North America Inc. agreed to abate safety violations and pay $13,027,000 to the Occupational Safety and Health Administration (OSHA) for penalties. OSHA and BP Products [...]
Bazzi Oil and CITGO support five students in their journey to continuing education. CITGO-marketer Bazzi Oil invited 800 community members to an awards ceremony this June to honor five high school students who will each receive $500 scholarships for continuing education. Destiny Harris, Briana Pannell, Mae Mova, Channel Wilkerson and Roselyn Wtson, all seniors at [...]
By Brian L. Milne, Refined Fuels Editor, Telvent DTN The U.S. fell for the 13th consecutive week through July 2 and, at $3.356 gallon, are at a six-month low. So, just as one of the busiest travel periods in the US was underway during the July 4th holiday, retail gasoline prices were averaging at their [...]
“The public has a right to choose between imported oil and home-grown energy and today’s action by the EPA advances that goal,” says Agriculture Secretary Tom Vilsack. The Obama administration has given final approval for the sale of E15 ethanol blends under the waiver conditions set by the Environmental Protection Agency (EPA), Southwest Farm Press reported. [...]
More Statoil shareholders accept Alimentation Couche-Tard’s tender offer as of Tuesday. Alimentation Couche-Tard reports 77.7% of Statoil Fuel & Retail shareholders have accepted its takeover offer, an increase from 66.7% three weeks ago, after a large shareholder agreed to bid on Tuesday. Alimentation Couche-Tard declined to identify the shareholder, but said it was “very confident” [...]
Traditional gasoline and c-store brands continue to sell the most gasoline, but consumers are increasing their tendency to fuel-up at grocers or warehouse retailers. A survey of 4,500 consumers, completed by Market Force Information, reports that Costco and Kroger are consumers’ favorite places to fill their gas tanks as of April 2012. The survey found [...]
Atlas Oil Website becomes easier to navigate as it launches its updated Website. Atlas Oil launched a new Website and blog at www.atlasoil.com. The new Website appears fresh, and innovative on the home page, with improved navigation and organization. The Website features a new, enhanced careers section, a media newsroom and a customer e-services portal [...]
TravelCenters of America answered questions on whether to support the emerging natural gas market today with the help of Shell Oil Products, TA CEO Tom O’Brien says. TravelCenters of America LLC (TA) entered a memorandum of understanding with Shell Oil Products US and its affiliates to construct and run a network of liquefied natural gas [...]
Alimentation Couche-Tard announces its offer to Statoil Fuel & Retail expires June 20. Alimentation Couche-Tard Inc. waived all conditions under its offer to Statoil Fuel & Retail, including but not limited to the 90% acceptance level as indcated in the offer document dated April 19. The new extension period will expire on June 20, and [...]
Gulf’s iconic orange disk logo begins to appear more throughout major cities in Ohio. Gulf Oil announced a new branded partnership agreement with R&R Takhar Oil Co. returning the motor fuel brand to major Ohio cities for the first time in two decades. R&R Takhar Oil Co., based in the greater-Dayton, Ohio area, plans to [...]
Springfield, Va.-based Landmark Petroleum Suppliers converts 27 stores. Motorists in Washington, D.C., Maryland and surrounding areas are seeing new teal-and-yellow signs going up at gasoline stations now that Valero has expanded its presence in the region under an agreement with Springfield, Va.-based distributor Landmark Petroleum Suppliers LLC. Twenty-seven Landmark properties are converting to the Valero [...]
CITGO integrates new loyalty system with the help of Pinnacle. CITGO announced that Loyalink, its loyalty platform, has been approved as a new offering with its Loyalty Bucks program. Loyalink allows retailers to create customized programs for their organizations and customer bases. CITGO partnered with a small group of loyalty solution and service providers in [...]
Somerset-based Southern Petroleum converts 26 stores. Motorists in north central and southeast Kentucky are seeing new teal-and-yellow signs going up at gasoline stations now that Valero has expanded its presence in the region under an agreement with Somerset, Ky.-based distributor Southern Petroleum, Inc. Twenty-six Southern Petroleum properties have undergone or soon will undergo conversions to [...]
Judge reprimands the oil giant for concealing profit margins from buyers. A Cook County judge has ruled in favor of BP Products North America Inc. in a lawsuit brought by two of its Chicago-area franchisees that accused the oil giant of fraud, the Chicago Tribune reported. Cook County Circuit Judge Sanjay Tailor ruled Wednesday that [...]
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 [...]