News
Record results for Essar
...and delivered a wide range of cost efficiencies. The company has spent $545m since acquisition in its capital investment programme. Project Tiger Cub and the additional works to be...
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INEOS to buy DONG Energy’s oil & gas business
...& Gas business is a natural fit for INEOS, further strengthening its long-term upstream activity, which was founded on the acquisition of both DEA’s and Fairfield’s UK portfolios in 2015...
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Roy Durell
...well as delivering the fuel in tankers. The business expanded, with the acquisition of Swedish Wharf in Fulham in the early 1970s, and was renamed Fuel Oils as it continued...
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Irving Oil to acquire Whitegate
...employees as well as many contract personnel Last week Canadian-owned Irving Oil announced an agreement had been reached with Phillips 66 to acquire its Whitegate refinery. The acquisition will enable...
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Touchstar wins substantial Certas Energy fleet upgrade order
...stock held in depots 100 depots 1000 retail sites Over 900 tankers Having grown through several acquisitions over the last ten years, the company delivers in excess of 5 billion...
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Life begins at 40
...prefer to promote existing staff to new roles,” said Richard. “We’ve got a great team here and a very loyal customer base.” Acquisitions, however, are not currently on the agenda....
Insight
The growth of large retail dealer groups
...brand/imaging. Following acquisition of Mobil’s European downstream interests in 1997, BP’s network of company owned sites increased to circa 900 outlets. Comprehensive rationalisation over the past 10...
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Brookfield Business Partners invests in Greenergy
Andrew Owen – ‘the participation of Brookfield Business Partners will allow Greenergy to participate in larger-scale strategic mergers and acquisition activities to propel our business to its next phase of...
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Expanding brand presence across the UK
Harvest Energy, the retail division of the Prax Group, has acquired Retail Fuels Limited which owns and operates nine retail forecourts in the UK Completed in December, the acquisition reflects...
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OSS (Hydrodec UK) buys Eco-Oil business
...service existing customers as now and will trade under the existing business names. When and if appropriate changes will be made to achieve maximum synergy from the acquisition. According to...
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New managing director to drive growth
Adler & Allan has appointed Ian Osborne as new group managing director to continue the group’s drive in growth following an extremely successful period of increased demand, business acquisitions and...
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Suttons Group acquires bulk chemical transport company
...our customers through times of peak demand and react rapidly to changing customer requirements.” This is Suttons’ third acquisition in the last 12 months. In October 2013 the company completed...
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Mabanaft takes over global bunkering business
Last week anti-trust regulators approved Mabanaft’s takeover of Bominflot. The acquisition of this long established bunker trader makes Mabanaft one of the leading international bunker companies. The merger of Bominflot,...
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Wayne to acquire Vianet’s fuel management subsidiary
...product and services offerings,” added Neil. The UK-based Vianet Fuel Solutions (VFS) includes two main product lines as part of the Wayne acquisition: Fuel Management Services (FMS) and Construction Forecourt...
News
Puma Energy acquires BP’s Belfast terminal
...capacity. The acquisition builds on the purchase of the 1.4 million m3 capacity Milford Haven terminal in 2015, further supporting Puma Energy’s growth within the European market, and helping to...
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Ronson – ‘the journey is not over yet’
...and has a £1 billion plus turnover. It was Ronson’s acquisition of Total UK’s retail network of 810 service stations that signalled his return to the sector in scale. Having...
News
MRH GB acquired by Lone Star
A BP branded MRH service station in Cheshire On 11th January 2016, the European Commission approved the acquisition of MRH by Lone Star; the deal concluded on Tuesday. Dallas-based Lone...
News
Simon – investing in our infrastructure
...Growth in the East terminal, managed by Andrew Rhodes, has largely been both by organic development and by acquisition; an ex liquid sulphur terminal, the most recent purchase, was acquired...