Shell Enterprises, a subsidiary of Royal Dutch Shell, reached an agreement for the sale of its Permian business for $9.5 billion in cash to ConocoPhillips, a shales developer in the basin. The transaction will transfer all of Shell’s interest in Permian to ConocoPhillips, subject to regulatory approvals. Shell’s Permian business includes ownership in approximately 225…
Lightsource bp Plans to Develop 25GW of Solar by 2025
Lightsource bp announced it has secured a new $1.8 billion revolving credit and trade finance facility that will help fuel its new global growth strategy of developing 25GW of solar by 2025. The funding, provided by 10 global financial institutions, underpins Lightsource bp’s growth ambitions and execution strategy as it continues to accelerate the deployment…
Kwipped Partners With Clean Eatz Kitchen
Through a new partnership, KWIPPED and Clean Eatz Kitchen will enable convenience stores, gyms and other businesses to easily access affordable financing for refrigeration equipment needed to bring Clean Eatz’ healthy prepared meals to a growing number of consumers, including many in areas that are underserved by affordable healthy food options. Jason Nista, CEO of…
Circle K Offers Customers Free Cup of Coffee for National Coffee Day
Circle K will celebrate National Coffee Day on Sept. 29 by offering customers a free cup of hot or iced coffee. Providing 100% sustainably sourced blends across all its locations, Circle K offers consistently fresh coffee through their bean-to-cup machines, which allow customers to enjoy freshly ground coffee in every cup. The National Coffee Association…
NATSO, SIGMA Urge Lawmakers to Extend Biodiesel Tax Credit
NATSO, the national association representing truckstops, travel plazas, and SIGMA: America’s Leading Fuel Marketers, and representatives of the trucking and convenience store industries, urged lawmakers to extend the $1 per gallon biodiesel tax credit in the upcoming budget reconciliation package and ensure tax parity for any new credits awarded for transportation fuels that compete for…
CEFCO Location Opens in Kilgore, Texas
CEFCO Convenience Stores announced the grand opening of its newest store, which is located at 1009 North Kilgore Street in Kilgore, Texas. A Huddle House location will be connected to the store as well and is expected to open later this month. CEFCO customers will find a wide variety of hot and cold food items,…
7-Eleven Teams Up WIth High School Band Froggy to Release New Music Video
Froggy — the riot grrrl punk rock band out of Doylestown, Penn. — bandmates Morgan, Brooke and Fiona caught the attention of 7-Eleven with the release of their song and smartphone-shot music video, “7-Eleven Nachos,” in January of this year. Instead of just giving the video a reshare and a comment, 7-Eleven took their social…
CHART Announces Sponsor Relationship With SparkLearn
The Council of Hotel and Restaurant Trainers (CHART) announced a new sponsor relationship with SparkLearn, a communications and training platform helping hospitality companies streamline content delivery to their workforce. “Hospitality trainers and human resources professionals are looking for the latest solutions in learning and development,” said CHART President Serah Morrissey. “SparkLearn’s adaptive learning approach provides…
In-Store or Online, Pandemic Shoppers Spent More Each Checkout
The COVID-19 pandemic has led to an increase in the average amount U.S. consumers spend on each shopping occasion, whether it is a trip to a physical store or a visit to an online shopping site. Since reaching $34 in March of 2020, average shopping occasion spending has remained elevated at or above that amount…
Tri Star Energy Opens New Twice Daily and White Bison Coffee Location
Nashville-based Tri Star Energy celebrated the grand opening of a Twice Daily convenience store and White Bison Coffee in Madison, Ala. Located at 8426 Hwy 72 W., the concept combines convenience and quality with Twice Daily’s convenience store and White Bison Coffee’s artisan coffee beverages and fresh, handcrafted café menu. This is the brands’ third…