shellpumps

Shell’s Smart Driving Program Kicks Off

The Taylors will drive throughout the 48 contiguous states to demonstrate improved fuel efficiency. As global energy demand continues to rise, Shell is helping to improve energy use for transportation through Smarter Mobility. Demonstrating that improved fuel efficiency is possible today, the Shell Smarter Driving program helps inform motorists on how to make the most

HESS

Hess Named Cleanest Capitalist

Companies were rated based on 11 transparent quantitative indicators, including carbon productivity. Toronto-based media company Corporate Knights, the Company for Clean Capitalism, has named Hess as No. 1 in its inaugural S&P 500 Clean Capitalism Ranking of clean capitalism leaders. Toby Heaps, editor-in-chief of Corporate Knights, defines clean capitalism  as “an economic system in which

delek

Delek US Acquires Remaining Interest in Lion Oil

“We have increased flexibility with which to pursue a wider range of strategic initiatives capable of unlocking value for our shareholders,” says Delek US Holdings CEO. Delek US Holdings Inc., a diversified energy company with assets in the petroleum refining, marketing and retail industries, has acquired the remaining 11.7% minority equity interest in Lion Oil

Marathon Selling Minnesota Downstream Assets

Marathon Oil Corp., an integrated energy company, has announced that its wholly owned subsidiary Marathon Petroleum Co. LP has closed the transaction with ACON Investments LLC and TPG Capital for the sale of most of Marathon’s Minnesota downstream assets. ACON and TPG formed Northern Tier Energy LLC (Northern Tier Energy) to operate the assets as

First Quarter Declines For Delek US

Delek US Holdings Inc., a diversified energy company with assets in the petroleum refining, marketing and retail industries, announced its financial results for the first quarter of 2010. For the three months ended March 31, 2010, Delek US reported a net loss from continuing operations of $14.1 million, or ($0.26) per basic share, versus a

Suncor Energy To Sell Non-Core Rosevear and Pine Creek Assets

Calgary, Alberta-based Suncor Energy has reached an agreement to sell certain natural gas properties for about $235 million (Canadian dollars), with an effective date of Jan. 1, 2010. The current production on these lands is approximately 20.5 mmcf/d of gas and 540 barrels per day of liquids. The sale includes properties known as Rosevear and

Valero Renewables Acquires Jefferson Ethanol Plant

Valero Renewable Fuels Company LLC, a wholly owned subsidiary of San Antonio-based Valero Energy Corporation has closed on the purchase of an ethanol plant from Renew Energy. The plant, located near Jefferson, Wis., has an annual production capacity of 110 million gallons. Valero paid $72 million for the plant. The purchase gives Valero Renewables a

Love’s Welcomes New Employee

Oklahoma City-based Love’s Travel Stops & Country Stores has named Lawrence Mantin manager of application development. In this position, Mantin will be responsible for support of back office applications, primarily .NET development for Love’s, which operates more than 200 locations in more than 30 states. Mantin joined Love’s with more than 18 years experience in

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