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Sunoco Logistics Partners To Buy Eagle Point Tank Farm And East Boston Terminal
Sunoco Logistics Partners L.P. (NYSE: SXL) announced today that it has reached an agreement with Sunoco, Inc. (NYSE: SUN) to purchase the Eagle Point tank farm and related assets, located in...
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BP Completes Sale of Five Southern African Marketing Businesses to Puma Energy
BP has now completed the sale to Puma Energy of its fuels marketing businesses in Namibia, Botswana, Zambia, Malawi and Tanzania. The sale of the final business in Tanzania completed on September 1....
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Repsol sells its Brazilian LPG business for 20 million euros
Repsol has agreed to the sale of 100% of its liquefied petroleum gas (LPG) distribution subsidiary, Repsol Gas Brasil, to the Brazilian company Ultragaz, a leading player in the Brazilian market. The...
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Launch of Vivo Energy signals new era for African energy
Vivo Energy, the company formed by Vitol, Helios Investment Partners and Shell to distribute and market Shell-branded fuels and lubricants across Africa, enters its first day of trading today in 7...
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OMV intends to sell its subsidiaries in Croatia and Bosnia-Herzegovina
In line with the OMV strategy, the sale of the retail and commercial business in Croatia (OMV Hrvatska d.o.o) and Bosnia-Herzegovina (OMV BH d.o.o) is under consideration. This would involve a total...
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Puma Energy Caribe completes acquisition of Capeco assets & Gulf network in...
Puma Energy Caribe to serve as new distribution & regional office; to spearhead unparalleled transformation & significant environmental remediation program Puma Energy Caribe LLC, a subsidiary...
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Puma Energy has agreed to acquire Chevron’s fuel marketing and aviation...
Puma Energy has agreed to acquire Chevron’s fuel marketing and aviation businesses in Puerto Rico and the US Virgin Islands. Chevron’s businesses in both markets include: 185 retail stations in Puerto...
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BP Announces Plan to Sell its Global LPG Bottles and Tank Filling Business
BP announced today that it intends to sell its LPG bottles and tank filling operations in Portugal, UK, Austria, Poland, Netherlands, Belgium, Turkey, China and South Africa, as well as its non...
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BPL Announces Agreement to Acquire Liquid Petroleum Products Terminal in New...
Buckeye Partners, L.P. (“Buckeye”) (NYSE: BPL) announced today that its subsidiary, Buckeye Tank Terminals LLC, has signed a definitive agreement with Chevron U.S.A. Inc. (“Chevron”) to acquire a...
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Vivo Energy - 2nd phase of Africa transaction completes
Today Vitol, Helios Investment Partners (Helios) and Shell have completed the second phase of the transaction that was first announced on February 19th 2011. Vitol and Helios have acquired the...
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Puma Energy has completed its acquisition of ExxonMobil's fuels marketing and...
Puma Energy has completed its acquisition of ExxonMobil's fuels marketing and supply businesses in Belize, El Salvador, Guatemala, Honduras, Nicaragua and Panama. Having received the required...
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Hess Explores Sale of St. Lucia Terminal
Hess Corporation (NYSE: HES) announced today that it is exploring the sale of its St. Lucia crude oil and refined products storage and transshipment terminal in the Caribbean. Hess has retained...
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TravelCenters of America Enters MOU with Shell to Create a Network of LNG...
TravelCenters of America LLC (NYSE Amex: TA) today announced that it has entered a memorandum of understanding with Shell Oil Products US and its affiliates to construct and operate a network of...
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Vivo Energy: Signing Of Third Phase Of Africa Transaction To Include Botswana...
Vitol and Helios Investment Partners (Helios) announced today that they have jointly signed the next phase of the transaction that was first announced on February 19th, 2011. On completion of this...
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Signing ceremony for Change in Control procedure of Esso Switzerland assets...
On June 29, the signing ceremony for the Change in Control procedure for purchase of ExxonMobil’s Esso Switzerland assets by SOCAR took place in Zurich, Switzerland. SOCAR president Rovnag Abdullayev,...
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Puma Energy builds Liquified Petroleum Gas business & acquires new...
Puma Energy LLC (“Puma Energy”), the global mid and downstream oil company, has completed the acquisition of 100% of the issued share capital of Vitogaz Senegal SA. The principal asset is a 5,000m3...
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Irving Oil Announces Investment in Montreal’s Norcan Terminal
Irving Oil announced today that it has acquired an equity share in Norcan Petroleum Group owner of the Norcan Terminal in Montreal. Irving Oil will partner with La Coop fédérée and MacEwen Petroleum...
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Phillips 66 Acquires Major Gulf Coast Crude Oil and Refined Products Terminal
Phillips 66 (NYSE: PSX), an energy manufacturing and logistics company, has agreed to purchase a 7.1 million-barrel storage capacity terminal located near Beaumont, Texas. The Beaumont Terminal will...
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Shell signs agreement with Alimentation Couche-Tard Inc. for the sale of its...
Shell has reached agreement with Couche-Tard for the sale of its marketing operations in Denmark, comprising retail, commercial fleet, commercial fuels, aviation and connected trading & supply...
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Chevron Announces Sale of Interest in Caltex Australia Ltd
Chevron Corporation's (NYSE: CVX) wholly owned subsidiary Chevron Global Energy Inc. today announced that it has entered into an underwriting agreement for the sale of its 50 percent shareholding in...
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