The Pulse At The Pump

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Atlantis Management Group Acquires Datillo Petroleum’s

December 14, 2018 – Atlantis Management Group LLC closed on another acquisition, the Dattilo Petroleum Inc & its affiliated companies. The deal included sites located in New York & New Jersey consisting of 27 Shell & Citgo branded retail sites. This is their second major transaction in the past 13 months. Last year they acquired […]

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Bolla Oil Opens another Location

December 6, 2018 – Bolla Oil Corp of Garden City New York open another Complete Raze & Rebuild from the ground up, a Shell Station featuring Burger King & Red Mango. Bolla sites are unlike anything in the industry. With marble bathrooms, wood grain gondolas, healthy snack alternatives, Burger King & Red Mango, Bolla is […]

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Marathon & Andeavor Stockholders Approved $23.3B Merger

Marathon Petroleum Corp. & Andeavor stockholders agree to a merger. The combined company will have approximately 4,000 company-operated locations and approximately 7,800 branded locations. Subject to approval of the Andeavor and Marathon Petroleum Corp. shareholders and other usual closing conditions, this deal is expected to close on October 1, 2018. On September 26, 2018, Marathon […]

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ExxonMobil sell’s Mobil-branded stations in the NY market

Gulf has made a deal to purchase 75 Mobil-branded retail gas station properties and supply interests in Suffolk and Nassau. These stations will keep the Mobil brand. It is a combination of company-operated and dealer-operated locations. CPD Energy has made a deal to purchase 83 Mobil-branded retail gas station properties and supply interests in Westchester […]

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Wholesale Fuel Distributors just about to close on New York Shell Deal

Back in August 2008 we learned that Sammy El Jamal was in negotiation with Shell to purchase sites in NYC and Long Island and finally the deal should be finalized by the end of January 2010 for the 88 Shell stations in the New York market that is being bought by Sammy El Jamal (Wholesale […]

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First Right of Refusal Becomes Law in NJ

As of today, Governor Corzine signed the First Right of Refusal Legislation into law! Now dealers in NJ will have the opportunity to purchase their location from the oil companies. The New Jersey Gasoline, C-Store and Automotive Association along with many Exxon and Shell dealers made this possible.

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ExxonMobil sells On the Run franchise to Couche-Tard

Canada’s Couche-Tard has made a deal to purchase the “On the Run” franchise rights to approximately 450 c-stores operated by dealers and distributors. They have also agreed to purchase approximately 43 “On the Run” c-stores in Phoenix (properties and underlying leases), and is expected to convert those to Circle K’s. Besides those being sold, there are […]

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Deadline Approching For UST Replacement in Long Island

All gas stations in Suffolk County must replace their single-wall tanks to double-wall tanks by January 1st, 2010. If you haven’t already done so, you must do it now, time is running out! Failure to upgrade by January 1st, 2010 will result in your gasoline business to be closed. Unlike Suffolk County, gas stations in […]

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