As the official power supplier to Fenway Park, Gulf extends its service to residential and commercial customers across the Commonwealth. Gulf Oil’s Gulf Electricity services, which were first made available in Connecticut and Maine earlier this year, are now available to Massachusetts residential and commercial customers. The expansion of Gulf Electricity into Massachusetts is part…
Duncan Oil Partners With VP Racing Fuels
Distributor sees VP as “next cool thing” for consumers. Duncan Oil Co. has signed on as the latest partner to VP Racing Fuels’ national branding program. “We think VP has an operating model that separates them from other suppliers,” said Roger McDaniel, president of Duncan Oil. “VP’s image package is outstanding and its credit card…
Susser Petroleum Completes IPO
Net proceeds total $209.8 million before expenses. Susser Petroleum Partners LP has completed its initial public offering of 10,925,000 common units representing limited partner interests in Susser Petroleum Partners at $20.50 per common unit. The number of units issued at closing included 1,425,000 common units issued pursuant to full exercise of the underwriters’ option to…
CITGO, Condon Oil Support Muscular Dystrophy Association This Summer
CITGO teams with Condon Oil to raise a grand total of $40,286 for the Muscular Dystrophy Association (MDA) in 2012. Condon Oil teamed with CITGO Petroleum Corp. and members of the Ripon, Wis., community to raise more than $30,000 for the Muscular Dystrophy Association (MDA) in 2012. The two companies teamed up for the 13th…
Gasoline’s Retail Price Slide Could Stall On Shut-ins, Policy
By Brian L. Milne, Refined Fuels Editor, Telvent DTN The U.S. fell for the 13th consecutive week through July 2 and, at $3.356 gallon, are at a six-month low. So, just as one of the busiest travel periods in the US was underway during the July 4th holiday, retail gasoline prices were averaging at their…
Murphy Oil Corp. Announces Executive Management Changes
President and CEO retires after 17 years with Murphy Oil. The Board of Directors of Murphy Oil Corp. has announced the appointment of Steve Cossé as president and CEO, effectively immediately. David Wood, the company’s current president, CEO and member of the Board of Directors, will retire after a 17-year career at the company…
Gulf Oil Grows In Ohio Through R&R Partnership
Gulf’s iconic orange disk logo begins to appear more throughout major cities in Ohio. Gulf Oil announced a new branded partnership agreement with R&R Takhar Oil Co. returning the motor fuel brand to major Ohio cities for the first time in two decades. R&R Takhar Oil Co., based in the greater-Dayton, Ohio area, plans to…
Veeder-Root Acquires Catlow Assets
Veeder-Root acquired the assets of Catlow Inc., based in Tipp City, Ohio. Catlow is a manufacturer of petroleum dispensing equipment, serving the global market with a broad range of nozzles, swivels, breakaways and other hanging hardware components. Catlow’s customers include large regional retailers in North America, Petroleum Equipment Industry (PEI) distributors and commercial and industrial…
Quick and Complete
Roadrunner Markets refines its retail operations with the addition of a c-store prototype, a renewed commitment to foodservice and a firm emphasis on customer service. By John Lofstock, Editor. At a time when customers demand fast service, quality foods and convenient locations, Roadrunner Markets is pushing ahead with a retail strategy that would make even…
Servicing Customers in a Jiffy
Jiffy Trip is preparing to unveil a convenience store prototype in Oklahoma and has its sights set on acquisition opportunities. By Erin Rigik, Associate Editor Jiffy Trip is gearing up for a busy year. The 28-store chain based in Enid, Okla. is scouring the market for acquisition targets to fulfill its lofty plans to grow…