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Shell gas station

Deal allows Royal Dutch Shell and Saudi Refining to focus on downstream businesses

HOUSTON -- The transaction separating the assets, liabilities and businesses of Motiva Enterprises LLC between Royal Dutch Shell PLC and Saudi Refining Inc. was completed on May 1. The companies formed the Motiva joint venture in 1998 but, by divvying the assets, each entity can now focus on its...

Gas prices

Higher fuel prices, lower margins anticipated for coming months: EIA

WASHINGTON -- Summer 2017 will see higher gasoline prices and consumption with tighter wholesale margins, according to a recent government forecast. Highlights of the Energy Information Administration’s (EIA) Short-Term Energy and Summer Fuels Outlook include: Gasoline prices will average $2.46 per...

Stripes Sunoco

‘We were a data company disguised as a convenience store and restaurant,’ founder says

CHICAGO -- As 7-Eleven Inc. moves forward with its purchase of more than 1,100 convenience stores from the Sunoco LP network, another 207 Sunoco stores remain on the market, most of them part of the Stripes convenience-store chain previously owned by Susser Holdings Corp. Sunoco LP acquired Susser...

CITGO gas station
Russian oil company Rosneft stands to benefit if PDVSA defaults on loan
Sunoco to sell 200 locations in separate deal, retain others
Inside a convenience store
But total industry sales decline for a second year in a row
7-Eleven Wind Farm
Chain aims to cut costs and appeal to younger customers
QuickChek convenience store
38-year company veteran looks to begin ‘new adventure’ in c-store industry
Iowa retailer expands in two states
Ford cars
Casey’s making good on promise to bulk up in the Badger State with acquisition