Austin, Texas-based Dover Fueling Solutions announced it has completed the acquisition of LIQAL B.V., a turnkey supplier of liquefied natural gas (LNG) and hydrogen refueling equipment and solutions, and micro liquefaction solutions. LIQAL is now part of the Dover Fueling Solutions (DFS) operating unit within Dover’s Fueling Solutions segment. Founded in 2014 and based in…
Sound Payments Expands Petroleum Industry Team
Petroleum industry payments solution provider Sound Payments welcomed two additional industry experts to the petroleum team to accommodate continued growth and its plans to offer more technology solutions in the petroleum industry beyond EMV at the pump. “We see lots of opportunities to help stations nationwide with better, more affordable technology solutions as part of…
National Gas Price Average Highest Since October 2014
The national average price for a gallon of gas rose seven cents on the week to reach $3.27, according to AAA. This is the highest price since October 2014 and is primarily due to the surging price of crude oil, which crept above $80 bbl before edging slightly lower. “The key driver for this recent…
BP Announces Upgrades to Cherry Point Refinery
BP announced plans for a $269 million investment in three projects at its Cherry Point Refinery in Washington state, aimed at improving the refinery’s efficiency, reducing its carbon dioxide (CO2) emissions and increasing its renewable diesel production capability. The projects are expected to create more than 300 local jobs over the next three years. This…
Thorntons Releases Rewards App for Pro Drivers
Thorntons announced that it launched its new Pro Driver Refreshing Rewards app, designed to provide many of the same benefits as its Refreshing Rewards program, plus special fuel discounts and exclusive rewards for professional drivers. Exclusive rewards include: Points earned for every gallon pumped Five cents off a gallon fuel every day A free dispensed…
K Energy Helps Bring VP Racing Fuels to Puerto Rico
VP Racing Fuels, specializing in performance fuels, lubricants, additives and retail, announced a major expansion into the island of Puerto Rico, aligning with K Energy of San Juan. “Puerto Rico is a natural extension of VP’s Branded Retail expansion plans, and K Energy, with its initial multi-store investment, is perfectly positioned to make VP the…
From Dayparts to Killowatts, NACS Panels Say Focus on the Customer
If you’re in the convenience retail world, you’ve doubtless heard it many times: “The customer is always right.” In today’s digitally connected marketplace, technology and more demanding consumers seem to have called for an update to that old cliche: “The customer expects better.” That theme was the common thread that ran through a pair of…
NACS Sessions Look to Future With EV Charging, AI Retail
Tuesday morning’s “EV 101: What is EV/EV Charging and Why It’s Important” was the first of a three-part series of educational sessions tackling electric vehicle charging and decarbonization of vehicle emissions. Moderated by NACS EV Liaison Karl Doenges, the session addressed how quickly the EV market will blossom, how convenience stores can use vehicle charging…
Average Fuel Price Rises to Level Not Seen Since October 2014
Fuel prices rose two cents to $3.20, a level not seen since October 2014, according to AAA. The probable causes for the increase are a slight uptick in demand and the high price of crude oil, which is stubbornly staying above $73 bbl. “Global economic uncertainty and supply chain concerns caused by the lingering COVID-19…
CEFCO Launches Web Pay at Pump
Temple, Texas-based CEFCO Convenience Stores launched its web-based pay at pump capabilities using CEFCO’s digital wallet across the convenience retailer’s network of stores. CEFCO said in a statement that the new payment capability, in partnership with digital fuel and retail technology consultants Stuzo, is an industry first for any convenience and fuel retail operator. The…