Gas marketer Getty Petroleum Marketing Inc has filed for Chapter 11 reorganisation, Reuters reported. The bankruptcy filing comes a week after Getty Realty Corp. threatened to end its lease agreement with the gas-station operator for defaulting on payments. East Meadow, N.Y.-based Getty Petroleum Marketing is the largest tenant of Getty Realty, which owns and leases…
BP Partners With Telvent
BP has selected Telvent DTN TABS, a real-time IT solutions and information provider, to manage U.S. credit limits and monitor production allocations. DTN TABS terminal automation system authorizes or denies fuel loads based on pre-defined controls, which reduces the risk of credit losses or inventory depletion. By monitoring real-time load data from its terminals, BP…