News
Mabanaft acquires Junction 29 Truckstop
...our business and we will continue to build on the great work undertaken by Charles and Jane. Mabanaft chose Junction 29 as their first truckstop acquisition due to its high...
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News
Bristol-based fuel distributor appoints new company directors
...started working at our Stalbridge depot and eventually moved to Gloucester (to oversee our acquisition of Silvey Fuels and possible acquisitions in the near future…). Ryan’s experience is in operations,...
News
Norbert Dentressangle records revenue increase
...to the same period the previous year. Revenues came in at €2901 million, largely due to acquisitions made in 2011. Like for like revenues were stable given that the growth...
News
Prax Petroleum’s parent acquires Harvest Energy
On Friday 26th June, State Oil announced that it had successfully completed the acquisition of Harvest Energy and Harvest Energy Aviation. Under the terms of the agreement, the companies will...
News
Puma Energy announces Q3 2016 results
...have increased our storage capacity to a record 7.9 million m3 following the latest acquisition of BP’s storage terminal in Northern Ireland.” Key Financial Highlights In US$ millions Continuing...
News
Further gains for the JET brand
...network – in November 2019 JET was also named as the fuel supplier of choice for Dove Retail’s new-build White Rose Service Station in Barnsley The acquisition, which took effect...
Insight
A vertically challenged market
...changes and broader logistical and cost considerations, rationalisation took place in market presence and the distribution terminal network with several companies withdrawing from retail to become 100% wholesale suppliers. Acquisitions,...
Interview
In conversation with Lynx Fuels
...a vast area of the UK and I was involved in many projects including mergers and acquisitions. I then took up the post of Head of Lynx Fuels, in December...
Interview
DCC on ambitions for Ireland and energy transition
...over the last couple of years with the acquisitions of Campus Oil and Jones Oil, so we’ve been working hard to integrate those businesses,” Eddie began, in an update on...
News
New owner for fuel distributor as popular industry couple retires
...by its fourth family generation. Described as a strategic acquisition, the addition of the Kettlewell Fuels business will support Northern Energy’s growth ambitions. Stuart Illingworth, Northern Energy’s managing director, said:...
Insight
The downstream oil market landscape of Ireland in the 2020s
...the competitive landscape in this millennium have been: The exit of three ‘majors’, Esso, Shell and Conoco/Jet from the market The joint acquisition of the BP Belfast terminal in 2016...
News
Liquid storage expansion plans for UM Terminals’ new MD
...strategic growth plan that we launched in September 2020 maximising our UK capability, harnessing the assets of the wider UM Group, and looking for potential acquisition targets.” An immediate priority...
News
MFG acquires six sites in Lake District
...the local community and visiting tourists.” This acquisition will bring the total number of stations operated by MFG to 911, maintaining their position as the UK’s largest independent forecourt operator....
News
OnlineFuels acquired by DTN
...a cohesive view of operations and the technology necessary to facilitate end-to-end transactions. This acquisition furthers the DTN mission of empowering customers with intelligent and actionable insights that result in...
Interview
In Conversation with Chris Bingham of Craggs Energy Group
...one of their largest corporate clients. We built a fuel recycling plant to support the project and spun off Craggs Environmental within a year or so. Several acquisitions later (including...
News
Certas Energy acquires seven forecourts in the North East
...combined volume of 31 million litres, was purchased from Marla and Gus Saggu. “We are delighted to have concluded this acquisition of seven well-run forecourts and a highly capable and...
News
Bulk liquid storage available through UM Terminals growth plan
...store other products. Look for appropriate acquisition targets that complement the current UM Terminals offer. Investing in flexible solutions Bryan Davies, managing director of UM Terminals, said: “It is relatively...
Insight
UK Downstream: the changing landscape
...on an ambitious distributor acquisition programme, which included the equity distributor businesses of Shell (Shell Direct), Texaco and Total (TotalButler). Principal market channels: We will now take a brief look...