Sentences with phrase «fuel retailer statoil»

Represented national fuel retailer in multi-district putative class action alleging consumer protection violations in connection with the sale of motor fuel at retail.
The proposed acquisition, which was signed in late December 2016 and was due to be completed in January 2018, would make the British - based energy company the largest fuel retailer and wholesaler in Australia, increasing the number of BP - supplied sites by about 530 to more than 1930.
The proposed acquisition, which was signed in late December 2016 and is due to be completed in January 2018, would make the British - based energy company the largest fuel retailer and wholesaler in Australia, with about 27 per cent of all sites.
(ACT) after the company completed the acquisition of Statoil Fuel & Retail ASA, a Scandinavian convenience store and motor fuel retailer.
We believe the Statoil acquisition strengthens the company's business risk profile by adding an established, profitable c - store and fuel retailer with a strong market share of more than 30 % in the mature markets of Sweden, Norway, and Denmark with good growth prospects in riskier, more fragmented Eastern Europe.
The affirmation and CreditWatch removal follow the company's completion of the acquisition of Statoil Fuel & Retail ASA, a Scandinavian convenience store and motor fuel retailer.
after the company completed the acquisition of Statoil Fuel & Retail ASA, a Scandinavian convenience store and motor fuel retailer.
Statoil Fuel & Retail is the top Scandinavian convenience and fuel retailer with about 2,300 full - service or automated stations.
At the October trade show for NACS, the association for Advancing Convenience and Fuel Retailing, Hershey showed plenty of ideas for traditional displays, such as putting larger king - size bars next to standard bars.
The prices at petrol pumps of state - owned fuel retailers like Indian Oil Corp (IOC) were cut by 1 - 3 paisa every day in the first fortnight of December 2017 before Gujarat went to polls.
He is past chair of the BP Amoco Marketers Association, past president of the Indiana Petroleum Marketers and Convenience Store Association and former chairman of the Association for Convenience and Fueling Retail (NACS).
However, the ACCC fears the deal may reduce the intensity of competition between remaining fuel retailers, enabling them to more effectively co-ordinate price rises.
Caltex has been in talks with BP, which is expected to sell petrol stations to help win approval for its $ 1.8 billion takeover of Woolworths» fuel retail network, the deal that has put at risk its own supply arrangements with the supermarket owner.
Caltex Australia has moved into Asia for the first time, buying a 20 per cent stake in an independent fuels retailer in the fast - growing Philippines market.
The fuels retailer, which is struggling to replace a $ 150 million earnings gap arising from the looming loss of a major supply contract with Woolworths, also announced a revamp of its operational structure that will make further cost savings and could point to a spin - off or demerger down the track.
A new POS display kit will help fuel retailers» creativity to make a sales - driving product display.
To be sure, the National Association for Convenience & Fuel Retailing claims the risk at the pump has been exaggerated and that skimming is more prevalent in situations where customers don't see their card getting swiped (such as restaurants).
Fueling and charging infrastructure: Obviously, any drop in demand for gas is likely to impact those in the fuel retail business.
• Since 2007, the RFS, which requires fuel retailers to blend corn ethanol into the gasoline they sell, has saddled American motorists with more than $ 10 billion per year in extra fuel costs above what they would have paid if they had purchased gasoline alone.
The Council's comments come amid long - standing concerns about the level of competition in fuel retailing in Hong Kong.
Businesses signed up to provide generation, including automotive fuel retailers and mobile phone companies, which came up with novel plans that bundled electricity together with their contracted services or products.
mandate provision of electric vehicle infrastructure at motorway service areas and large fuel retailers
Whether the economy goes up or down, the state continues to get larger, adding a continuous stream of new customers to fuel retail expansion.

Not exact matches

A fifth straight day of gains, fuelled by miners, retailers and IT stocks, has taken the share market to a three month high.
Though Mullen declined to disclose details about potential partnerships with other non-grocery retailers, he admits that it's part of the strategy to fuel growth.
In March, his firm sold 497 Esso retail gas stations for $ 2.8 - billion, but retained the right to supply fuel to the stations.
After all, in its 37 years, that strategy — which included buying Circle K, and Scandinavian fuel and retail giant Statoil — has helped it establish over 12,000 locations in North America, Asia and Europe.
Statoil Fuel & Retail's board of directors has approved the transaction and recommends that shareholders accept the Offer.
At Suncor, he helped transform the company into Canada's largest integrated energy company and oversaw the 2009 takeover of Petro - Canada, a fuel distributor and retailer.
A fifth straight day of gains, fuelled by miners, retailers and IT stocks, has taken the share market to a three - month high.
It also gradually phased out subsidies that kept retail fuel cheap, causing prices at the pump to climb by an average of nearly 25 % since 2014, even though global oil prices fell by as much as 75 % during that period.
The Quebec - based company's revenues and profits have surged since it acquired Scandinavia's Statoil Fuel & Retail last June for US$ 2.58 billion.
Bouchard added the company is getting closer to achieving the cost - cutting targets from its acquisition of Statoil Fuel and Retail.
We're hoping to make E-15 the standard, and in the meantime we're working with innovative retailers to offer a new choice of fuel that has a 15 % blend of ethanol.»
For years, Rite Aid (RAD) was the sick man of the retail pharmacy industry, after a debt - fueled, pre-financial-crisis expansion left the firm unable to cope with the competitive pressures it faced from online retailers like Amazon.com.
After 70 years, Toys «R» Us would close shop — a casualty of Amazon - era retailing and debt - fueled, private - equity deal - making.
Brick - and - mortar and online retailers are fueling each other's sales.
The transaction trails only Couche - Tard's US$ 2.8 billion purchase in 2012 of Scandinavia's Statoil Fuel & Retail.
CEO Deborah Nicodemus says the online retailer was already headed towards profitability but needed more backing «to fuel growth acceleration.»
All the events — and the free media they've received — have helped fuel a mania for Target not normally associated with big - box retailers selling underwear and frozen peas.
Walmart (wmt) shares rose 3 % on Tuesday after the discount retailer reported its 10th straight quarter of rising comparable U.S. sales, fueled by major gains in its online business.
In 2008, Apple became the second - biggest music retailer in America — second only to Walmart, fueled by iTunes and iPod sales.
According to the latest data from the National Hot Dog and Sausage Council, nearly 1 billion packages of hot dogs were sold at U.S. retail stores in 2014, fueling the meals of people that prefer to eat at home instead of at a fast food joint.
Financing can be a valuable tool to help retail merchants» fuel growth, fund expansion, or meet everyday expenses.
The speculation of a disruption to the industry was fueled by the stature of the three companies» billionaire chief executives: Amazon's Jeff Bezos, who already has radically changed the retail industry; Warren Buffett, the famed investor who also oversees dozens of companies under Berkshire's umbrella; and Jamie Dimon, whose JPMorgan Chase is the nation's largest bank with $ 2.5 trillion in assets.
Cross-border buying and selling is also being fueled by a rapid rise in retail sales driven by social media.
Shell has reportedly also curtailed fuel supplies at the retail level.
The Dodd - Frank Act, which itself made matters worse rather than better in the wake of the government - fueled financial downturn of 2008, explicitly empowered the Securities and Exchange Commission (SEC) as the agency to formulate rules relating to investment advisers who offer «personalized investment advice about securities to a retail customer.»
«Travel retail results are driven by our investments in key local markets that are fueling our commercial efforts in airports,» he said, according to a FactSet transcript.
To fuel sales of their in - house lines, retailers are recruiting veteran marketers to help out - innovate traditional packaged goods companies.
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