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Refiner-marketer expanding management to handle new operations, growth

DALLAS -- Alon USA Energy Inc. said yesterday that is board has approved immediate changes to the company's organizational structure to better manage its expanded operations and planned initiatives, as well as to prepare for additional growth opportunities. The changes include the promotion of...

Integrated oil company closing 42 of 76 Wal-Mart joint-venture gas stations

SAN ANTONIO -- Tesoro Corp. shut down operations at 42 of its Mirastar gas stations outside Wal-Mart stores late last week. Another 34 Mirastar sites—part of a joint venture between Tesoro and Wal-Mart—will continue to operate. "We had 76 Mirastar locations that we began with Wal-Mart in 2000,"...

Tillerson defends, discusses oil industry in interview with ABC's Gibson

NEW YORK -- ExxonMobil CEO and chairman Rex Tillerson defended his company's $11.7 billion in second-quarter profits, saying that the company's earnings reflected the magnitude of its business operation. "I saw someone characterize our profits the other day in terms of $1,400 in profit per second...

Food quality, safety depend on strong manufacturer, distributor, retailer connections
Gulf Oil, Cumberland Farms consolidate, streamline organizational chart
Details on EZ Energy's purchase of 15 stations, 5 contracts from BP in Pa.
Hot-food test to grow by 800 stores a year beginning in 2009
Susser updates on hurricane, reports strong second-quarter financial results
The Pantry waiting "with bated breath" to get back into M&A game.
Drugstore retailer developing smaller, limit-inventory stores