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BP Sells Its Carson Refinery And ARCO Retail Network To Tesoro

“As an established refiner and marketer, Tesoro provides a strong future for the business and for its employees,” says Iain Conn, chief executive of BP’s global refining and marketing business. BP reached an agreement to sell its Carson, Calif., refinery and related logistics and marketing assets to the Tesoro Corporation for $2.5 billion in cash

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Arco’s ampm Sponsors Alianza de Futbol Event

“ARCO’s ampm is proud to support the next generation of soccer superstars,” says ampm spokesperson. Convenience store chain ampm, has been named the official retail convenience store sponsor of the 2012 Los Angeles Alianza de Futbol events. “It’s exciting to be able to support Hispanic soccer with this sponsorship opportunity,” said Donna Sanker, ampm vice

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BP Stands By Team USA

BP helps U.S. consumers experience the London 2012 Olympic and Paralympic Games through advertisement, tours and giveaways. BP Products North America Inc. plans to support Team USA during the London 2012 Olympic and Paralympic Games. “With 23,000 employees in the U.S. BP is honored to be a part of the Team USA family, and we’re

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USA Today Deflates Banks’ Swipe Fee Myths

Makes strong case for credit-card reform. In a news story today, USA Today exposed some of the myths banks propagate about hidden, exorbitant “swipe” fees the banks charge retailers when customers buy with credit or debit cards, the Merchants Payments Coalition reported. The article also makes a strong case for reforming the way Visa and

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Franchisees Bring Lawsuits Against BP

BP is facing five lawsuits brought by its franchisees. The most recent is a lawsuit by 40 Thrifty Oil Co. franchise owners in Southern California, who claim BP failed to give proper notice of its intention not to renew its master lease with Thrifty Oil. A second lawsuit filed in Chicago against BP by two

ARCO

Southern California Gas Station Franchisees Sue BP

Some 40 station owners claim BP failed to comply with the federal and state rules for terminating a franchise, seek $1 billion in damages and a restraining order to protect them from being forced from their property. A group of Southern California Arco and Thrifty gas station franchisees are suing BP and Thrifty Oil Co.,

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ARCO Installing inovationTV at 138 Locations

New stations to add more than three million monthly impressions to the GSTV Network. ARCO has signed to have inOvationTV installed at 138 of its stations immediately through a partnership with Gas Station TV (GSTV), a national away-from-home television network at the pump, and Wayne, A GE Energy Business and global innovator of fuel dispensers

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BP Corrects Reports On ARCO

BP intends to sell its Carson refinery, associated businesses and the ARCO-branded retail network in 2012 as an on-going business. BP has corrected a number of inaccurate reports that the ARCO brand would be withdrawn from Southern California. BP noted that it remains committed to the ARCO and ampm convenience store brands. BP announced plans

Boycotted Stations Want BP Help

As many Americans avoid BP stations in protest over the Gulf oil spill, BP-branded station owners are insisting BP do more to help them convince customers that such boycotts hurt independently owned businesses, not the British oil giant, the Associated Press reported. To win back customers, stations want BP to help in reducing the price

Valero Adds Policies To Prevent Underage Tobacco Sales

The Valero company has agreed to a set of measures aimed at reducing tobacco sales to minors at more than 4,900 gas station convenience stores operating nationwide under Valero trademarks, Iowa Attorney General Tom Miller announced Wednesday. “Valero owns 1,000 convenience store outlets and has nearly 4,000 franchise outlets, so this will make a difference,”

BP Aims To Offer Price Rollback Technology Network-wide

BP Products North America Inc. plans to be the first fuel company in the U.S. to deliver price rollback technology that awards instant cents-off-per-gallon savings at the pump to consumers throughout its BP-branded network. As of Jan. 31, more than 350 eligible sites have begun the BP-funded and managed technology deployment process with the remainder of

Managing the Crowded Cold Vault

When it comes to packaged beverages, what gets put on the shelves may not be what customers are looking for and, in this economy, that’s a situation retailers must avoid. Making wise, informed buying decisions is the crucial difference between boosting cooler sales and blowing a lot of hot air. From colas to energy drinks,

BP’s ampm Offers Breakfast Samples

After launching its new breakfast menu at the start of this month, ampm invited customers to sample its new breakfast burritos, empanadas and croissant sandwiches today from 6 a.m. to 9 a.m. at participating ampm stores across the U.S. while supplies lasted. Participating stores offered half-size versions of items from the new menu and handed

Focused on the Franchise

BP At a Glance BP is one of the largest integrated oil companies in the world, with an estimated global market share of around 3% of oil & gas production and 4% of refining capacity in the major global markets in which it operates. Its U.S. retailing brands are BP, ARCO and ampm. Global sales:

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