Fuels News

The latest news on petroleum, diesel and alternative fuel retailing

Smaller class members may participate, U.S. Supreme Court says

MIAMI -- The U.S. Supreme Court, in an opinion authored by Justice Anthony Kennedy, affirmed the 11th Circuit Court of Appeals' decision in the Exxon dealer "Discount for Cash" class action, Allapattah Services Inc. et al. v. Exxon. The court found that even those class members with claims...

Would allow N.M. refineries to operate at maximum rates

SCOTTSDALE, Ariz. -- Giant Industries Inc. said it has entered into a purchase and sale agreement to acquire an idle crude oil pipeline system that originates near Jal, N.M., and is connected to a company-owned pipeline network that directly supplies crude oil to the Bloomfield and Ciniza, N.M.,...

Chevron stands by its pending $16.6 billion offer

EL SEGUNDO, Calif. -- A week and a half after the Federal Trade Commission (FTC) cleared the way for Chevron Corp. to purchase Unocal Corp., Chevron is standing behind the merger agreement in response to a counteroffer made by a third party. State-owned China National Offshore Oil Co. (CNOOC) made...

Offering Nucleus to Chevron, Texaco-branded retailers
States trying to stem driveoff plague
Industry publication brings home ASBPE, TABPI awards
AAA forecasts busiest holiday weekend ever
Senate considering amendment requiring FTC gas price investigation
Raymond, Pickens mull price possibilities
Station owners seeking defense mechanism to guard against the market's razor scratches.