bpstation

BP In Settlement Talks Regarding Oil Spill

Trail date is postponed as BP and PSC negotiate how to compensate those impacted by the Deepwater Horizon spill. BP and the Plaintiffs’ Steering Committee (PSC) confirmed that the U.S. District Court has adjourned the start of the Deepwater Horizon Multi-District Litigation 2179 civil trial by one week, until Monday, March 5. This adjournment is

Aloha Acquires Shell’s Hawaii Assets

Aloha Petroleum Ltd. has entered an agreement to buy Shell Oil Products U.S.’s retail and terminal operations in Hawaii, BusinessWeek reported. Financial terms and details were not disclosed, and the exact number of stations Aloha will acquire is not yet known, as some of the locations are subject to first-right-of-refusal or options to purchase held by other

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