Fuels: Page 4


  • Phillips 66
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    Retrieved from Phillips 66.
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    Phillips 66 completes $3.8B fuels acquisition

    The company agreed to purchase the public shares of DCP Midstream, one of the largest midstream operators in the U.S., back in January.

    By June 15, 2023
  • A photo of a 7Charge EV charging network.
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    Courtesy of 7-Eleven
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    Back to Basics: How to implement EV charging stations

    The service can draw customers and revenue to convenience stores, but it brings additional costs and may not be the right fit for certain markets.

    By Amanda Baltazar • June 14, 2023
  • A photo of a Sunshine Gasoline station.
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    Permission granted by Liquid Barcodes
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    Chevron to purchase PDC Energy for $6.3B

    The acquisition, which is expected to close by the end of the year, should add $1 billion in free cash flow to the oil major’s financials.

    By May 22, 2023
  • Majors Management
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    Retrieved from Majors press release.
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    Majors Management sells recently acquired commercial fuels business

    Offloading that segment will allow the retailer to focus on the fast-growing c-store side of its business, according to its president.

    By May 17, 2023
  • CITGO
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    Tim Boyle via Getty Images
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    US supports sale of CITGO by next summer

    The Biden administration has said it would no longer protect the Venezuelan state-owned oil giant from seizure to pay off creditors.

    By May 8, 2023
  • Sunoco
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    Retrieved from Sunoco.
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    Sunoco grows fuel distribution arm with $110M acquisition

    The company plans to continue seeking deals, CEO Joe Kim said on a recent earnings call.

    By May 3, 2023
  • Parkland
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    Retrieved from Parkland.
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    Parkland links loyalty program with Air Canada

    The new partnership will let members of both companies’ rewards platforms combine their accounts, resulting in more earnings and benefits from each business.

    By April 19, 2023
  • View of a gas price board
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    Win McNamee via Getty Images
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    ExxonMobil exploring ‘blockbuster’ acquisition of fracking firm

    While talks are still in early stages, the deal would be the company’s biggest move since its merger with Mobil Corp. 

    By April 11, 2023
  • Interior of Georgetown Foxtrot Market location in Washington, D.C.
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    Courtesy of Foxtrot Market
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    Column

    What does convenience look like in a future where fuel matters less?

    The c-store model hasn’t changed much in recent decades, but new formats from Yesway, Casey’s and Urban Value Corner Store offer key insights to addressing the rise of electrification, writes Frank Beard.

    By Frank Beard • March 28, 2023
  • Arko
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    Permission granted by Arko
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    Arko to enhance its loyalty program and EV charging capabilities in 2023, CEO says

    The retailer said during its earnings call that development of its new mobile app is in the “final stages,” while its electrification initiatives remain “aggressive.”

    By March 1, 2023
  • Alltown Fresh
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    Retrieved from Enel X.
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    Global Partners to include EV charging at all new Alltown Fresh stores, CEO says

    The retailer will also build ports at six existing stores, as it has secured more than $800,000 in grants for the project.

    By Feb. 27, 2023
  • Chevron
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    Retrieved from Chevron website.
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    Chevron promotes Mark A. Nelson to vice chairman

    The longtime executive will lead strategy and sustainability, corporate affairs and business development functions, as well as take on additional corporate responsibilities.

    By Feb. 27, 2023
  • BP
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    Graeme Robertson via Getty Images
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    BP’s acquisition of TA signals that big oil is back in the c-store game

    Last week’s $1.3 billion deal will prompt more fuel companies to stock up on retail stores to diversify their assets in the face of disruption, experts say.

    By Feb. 23, 2023
  • Shell
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    Courtesy of Shell
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    Shell’s directors being sued for mismanaging climate risk

    ClientEarth, one of the fuel giant’s investors, claims the company’s current policy doesn’t align with the Paris Agreement.

    By Feb. 10, 2023
  • car iq
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    Retrieved from Car IQ website.
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    Circle K joins $15M funding round for Car IQ

    The money will be used to grow and add new commerce categories to the payment company’s platform, such as EV charging, repairs, registration and insurance.

    By Feb. 7, 2023
  • TravelCenters of America
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    Retrieved from TA press release.
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    TravelCenters of America to deploy 1,000 EV charging ports by 2028

    The stations will appear at more than 200 locations and will be run by manufacturer Electrify America. 

    By Jan. 30, 2023
  • A photo of a tanker in front of a gas canopy with Strickland Oil on it.
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    Courtesy of Colonial Oil
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    Colonial Oil acquires Georgia competitor

    This marks the second acquisition over the past year for the Savannah, Georgia-based gas supplier.

    By Jan. 25, 2023
  • Why c-store operators are concerned about the future of EV charging

    In a recent roundtable discussion held by Convenience Leaders Vision Group, retailers said profitability and a consistent business model are their biggest challenges.

    By Jan. 20, 2023
  • Shell
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    Retrieved from Volta press release.
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    Shell USA acquires EV-charging company Volta for $169M

    The move further establishes the London-based fuel retailer as a major player in the U.S. electrification space.

    By Jan. 19, 2023
  • Four EVgo charging stations in a parking lot
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    Thai Phi Le/C-Store Dive
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    NACS unveils EV charging matchmaker tool

    The program connects retailers with charging companies to help locate, design and build their own infrastructure.

    By Jan. 18, 2023
  • An image showing a car dashboard listing area EV charging stations.
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    Courtesy of EVgo
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    EVgo and Amazon team up for voice-enabled EV charging

    The companies will direct drivers to area chargers and enable them to pay from inside the vehicle using the Alexa voice assistant. 

    By Jan. 10, 2023
  • A photo of a car being fuelled up at a gas pump.
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    Brandon Bell via Getty Images
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    Offen Petroleum makes ninth acquisition since 2015

    The distributor’s purchase of Midwest contemporary Gas Depot expands its footprint to the Chicagoland area.

    By Jan. 5, 2023
  • love's
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    Retrieved from Trillium press release.
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    Love’s focuses on renewable fuels with loyalty program expansion

    Customers can now earn points when they purchase compressed natural gas (CNG) at Love’s-owned Trillium stations.

    By Dec. 14, 2022
  • BP
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    Oli Scarff via Getty Images
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    BP’s $4.1B acquisition of Archaea approved by shareholders

    BP’s CEO has described his company as “the natural owner” of the RNG producer, with exponential growth ahead.

    By Cole Rosengren • Dec. 14, 2022
  • Circle K
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    Retrieved from Circle K video.
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    Circle K expanding its user-generated content platform with new fuel ads

    The new campaigns will feature four digital and social-media ads running throughout the next year.

    By Dec. 6, 2022