“I am looking forward to increasing our participation in the fuel and lubricant distribution industry serving commercial and industrial customers,” says Pilot CEO. Pilot Flying J closed its acquisition of a controlling interest in Maxum Petroleum for cash, and its contribution of Western Petroleum LLC into Maxum.  Maxum will continue to operate as an independent…

CITGO outlines plans to replace supply. HOVENSA has announced the permanent closure of its refinery located in St. Croix, U.S. Virgin Islands, a joint venture between Petróleos de Venezuela, S.A. (PDVSA) and Hess Corp.  CITGO has a supply off-take agreement with HOVENSA and has developed plans to replace this supply.  These well-defined plans are designed…