Tag Archives: Petroleum industry

Hidden Risk in Your Fueling Operation: Clean Tank, Protect Bottom Line

Hidden Risk in Your Fueling Operation: Clean Tank, Protect Bottom Line Most operators notice the problem at the dispenser first: flow slows, the handle chatters, a customer mutters they "always get bad fuel here," and your tech swaps filters again while a line stacks up behind a box truck. That's the symptom. The real risk…
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API: Petroleum Demand Last Month Highest For November Since 2007

Total petroleum deliveries in November rose to 19.9 million barrels per day. This was the strongest November monthly demand since 2007.  Cumulatively through the first 11 months of the 2017, total domestic petroleum deliveries rose by 0.9 percent, which exceeded demand growth in 2016 despite higher prices. “With sustained strength in the U.S. and global…
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USA: Energy Transfer in talks to sell Sunoco

Energy Transfer Equity LP, a U.S. pipeline company that recently agreed to acquire Williams company, could be putting up for sale gas station and convenience store chain Sunoco, reported Fortune. The potential deal, which has been tipped by three sources familiar with the matter, could be worth over $2 billion. In reports which have not…
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Topaz-Esso merger OKd by competition body

Ireland’s Competition and Consumer Protection Commission has approved the purchase of oil company Esso by Irish gas station chain Topaz, reported RTÉ News. The acquisition has expanded the Topaz network to 425 service stations nationwide, raised the number of its employees to 2,000, and has given it a 35% share of Ireland’s fuel retailers market.…
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