Pilot Flying J Closes Maxum Petroleum Acquisition

Pilot Flying J Closes Maxum Petroleum Acquisition

“I am looking forward to increasing our participation in the fuel and lubricant distribution industry serving commercial and industrial customers,” says Pilot CEO. Pilot Flying J closed its acquisition of a controlling interest in Maxum Petroleum for cash, and its contribution of Western Petroleum LLC into Maxum.  Maxum will continue to operate as an independent [...]

HOVENSA Closes Refinery

HOVENSA Closes Refinery

CITGO outlines plans to replace supply. HOVENSA has announced the permanent closure of its refinery located in St. Croix, U.S. Virgin Islands, a joint venture between Petróleos de Venezuela, S.A. (PDVSA) and Hess Corp.  CITGO has a supply off-take agreement with HOVENSA and has developed plans to replace this supply.  These well-defined plans are designed [...]