Company prepares to spin off fuel stations. Valero Energy Corp.’s board of directors has given the official OK for the company to sell or spin off its network of fuel stations, which could be worth as much as $2.8 billion, Businessweek reported. Spinning off the retail business is one of many moves CEO Bill Klesse
Propel Fuels can focus on its “core mission of fueling progress” more often by working with Eco-Energy as its main supplier of fuel. Propel Fuels, a leading retailer of renewable fuels and clean mobility solutions, announced it entered an exclusive supply agreement with Eco-Energy, a distributor of renewable fuels, to reach the company’s E85 demand
TravelCenters of America answered questions on whether to support the emerging natural gas market today with the help of Shell Oil Products, TA CEO Tom O’Brien says. TravelCenters of America LLC (TA) entered a memorandum of understanding with Shell Oil Products US and its affiliates to construct and run a network of liquefied natural gas
Gulf Oil has entered a new sponsorship agreement with Major League Baseball’s Baltimore Orioles in time for the Orioles’ home opener against the Toronto Blue Jays, the company announced Friday, April 9. The cornerstone element of the relationship will be new field level signage in right field, which will proudly display Gulf’s iconic orange disc.