Companies ink a multiyear agreement to implement petroleum supply chain software.
Advancing its shift toward exploration and production, Amerada Hess Corp. entered into an agreement to acquire Dallas-based Triton Energy Ltd. for $2.7 billion. The refiner and marketer is seeking to grow its upstream business by acquiring the company — known for blockbuster oil discoveries — that was on the brink of financial ruin three years ago.
The most up-to-date ideas and strategies in convenience retailing and a beautiful historical setting combined to make this year's Convenience Store News annual Top 50 Forum an indisputable success. The event, held in Charleston, S.C., June 13 to 15 at the Charleston Place hotel, kicked off with a tour of area c-stores. Later, 150 attendees gathered for a Welcome Reception at the Riviera Complex, a restored 1939 Art Deco movie house. Throughout the event, retailers and suppliers attended sessions emceed by Harry McHugh of Wawa Inc.