Category: Commercialization

February 3, 2021

EG Group has agreed to acquire certain assets of Asda, comprising its petrol filling stations, car washes and ancillary land for a value of £750 million ($1.2 billion). The acquisition of the forecourt business comes after the Issa brothers and […]

January 29, 2021

GasBuddy announced a new B2B program, Payments-as-a-Service, enabling companies to recruit, reward and retain their consumers and employees with discounted and free gas. Among the first partners to leverage GasBuddy’s program are Grubhub, a leading online and mobile food-ordering and […]

January 22, 2021

There are 150,274 convenience stores operating in the United States, a 1.6% decrease in the number of stores in operation (152,720) at the close of 2019, according to the 2021 NACS/Nielsen Convenience Industry Store Count. The store count is based […]

December 30, 2020

Egypt’s current total number of natural gas filling stations reached 200 locations following the recent opening of the first natural gas pump in Sharm el Sheikh, South Sinai, according to an Egypt’s Cabinet statement issued on 26 December. The country […]

December 28, 2020

ENOC Group has opened a new fuel station in Dubai’s Deira district, raising the company’s total number of locations to 149 across the United Arab Emirates. Located on Al Rasheed Road, the new fuel station will cater to residents and […]

December 28, 2020

Majors Management, a rapidly growing leader in the convenience store industry in the United States, acquired eight convenience stores and numerous dealer supply accounts from OSAN Petroleum. The OSAN portfolio increases Majors’ existing presence in its home state of Georgia. […]

December 23, 2020

February – Smart Forecourts & C-Stores If there is one positive to take away from 2020, it is the adaptability and resilience that the industry has shown. A key part of that has been the speed at which retailers and […]

December 17, 2020

This major contract could primarily be won on grounds of the customized and functionally convincing overall solution. Upon termination of the negotiations in late September 2019 AGROLA placed the order to equip appr. 350 petrol stations with fuel terminal of […]

December 15, 2020

Global Partners LP announced an agreement to purchase 27 retail fuel and convenience store assets of Consumers Petroleum of Connecticut. The acquisition includes 27 company-operated gas stations with “Wheels”-branded convenience stores in Connecticut. The transaction also includes fuel supply agreements […]

December 14, 2020

Foresight Group is providing an initial £80 million in funding to CNG Fuels in a partnership to build a UK-nationwide network of refuelling stations that will see it develop at least 14 public access stations for HGVs on major routes […]

December 8, 2020

Take a good look at the garage forecourt you use, because times are changing – and over the next few years you might not recognise the place you go to refuel. The reason is contained in recently released Department of […]

December 4, 2020

Parkland Corporation, through its wholly owned U.S. subsidiaries Parkland USA, has entered into a series of transactions to acquire the retail and commercial fuel assets of Story Distributing Company, and Carter Oil Company. The acquisitions will expand Parkland’s presence in […]

November 10, 2020

EG Group has entered into a binding agreement for the acquisition of Schrader Oil in the United States of America. Schrader currently operates 18 convenience retail stores and fuel stations in Northern Colorado and employs 150 people. EG Group already […]

November 4, 2020

Majors Management, a rapidly growing leader in the U.S. convenience store industry, has acquired 14 convenience stores and numerous dealer supply accounts from Regal Oil. The Regal portfolio increases Majors’ existing presence in Texas and expands the company’s footprint throughout […]

October 23, 2020

HAM Group and Lipigas Companies will build Chile’s first liquefied natural gas (LNG) gas station. This will be located near the Pan-American Highway in Chile), which is part of the country’s main land communication artery. The project has been possible […]