Twelve charities receive CITGO gift cards. CITGO Petroleum Corp. is rewarding 12 charities with $5,000 in Gift Cards to help them extend their Ripples of Good and the impact of their work in their local communities. Almost 1,700 charities entered the Winter Fueling Good program and nearly 151,000 votes were cast to help determine these…
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…
Brands, Promotions Benefit CSDs
Concern For CSDs 16 million fewer Americans are drinking sugary soft drinks today compared to six years ago (68% of adults versus 76%). 7.8 million switched to diet soft drinks. 24 million have moved to bottled water. 17 million are opting for energy drinks. 11 million have tried sports drinks. 16 percent of Americans are…
7-Eleven No. 3 on Franchise 500
7-Eleven Inc. has earned the No. 3 spot on Entrepreneur magazine’s annual Franchise 500, which ranks top franchise opportunities in the U.S., Franchising.com reported. This is the chain’s 17th year to secure a spot on the Top 10 of the Franchise 500. 7-Eleven opened more than 1,800 stores around the world last year,…
BP Flies High on Atlas Oil’s Flagpoles
A visit to BP’s ampm stores a few years ago convinced Simon that BP’s established ampm brand—and its decision to divest itself of stores in the Midwest—was an opportunity for Atlas to acquire stores for its own dealers, as well as operate more stores on its own. In December 2007, Atlas forged an alliance with…