Killajoules

Chevron Announces Sale of Interest in Caltex Australia Ltd
Chevron Corporation's (NYSE: CVX) wholly owned subsidiary Chevron Global Energy Inc. today announced that it has entered into an underwriting agreement for the sale of its 50 percent shareholding in Caltex Australia Limited (CAL).

Shell signs agreement with Alimentation Couche-Tard Inc. for the sale of its retail, commercial fleet and fuels, aviation and tr
Shell has reached agreement with Couche-Tard for the sale of its marketing operations in Denmark, comprising retail, commercial fleet, commercial fuels, aviation and connected trading & supply products businesses. The businesses will be managed by Statoil Fuel and Retail A/S (“SFR”), a wholly-owned indirect subsidiary of Couche-Tard.

Phillips 66 Acquires Major Gulf Coast Crude Oil and Refined Products Terminal
Phillips 66 (NYSE: PSX), an energy manufacturing and logistics company, has agreed to purchase a 7.1 million-barrel storage capacity terminal located near Beaumont, Texas. The Beaumont Terminal will be the largest terminal in the Phillips 66 portfolio.

Irving Oil Announces Investment in Montreal’s Norcan Terminal
Irving Oil announced today that it has acquired an equity share in Norcan Petroleum Group owner of the Norcan Terminal in Montreal. Irving Oil will partner with La Coop fédérée and MacEwen Petroleum Inc. This investment in the terminal represents an additional secure supply point for Irving Oil customers.

Puma Energy builds Liquified Petroleum Gas business & acquires new terminal in Senegal
Puma Energy LLC (“Puma Energy”), the global mid and downstream oil company, has completed the acquisition of 100% of the issued share capital of Vitogaz Senegal SA. The principal asset is a 5,000m3 Liquefied Petroleum Gas ("LPG") terminal in the port of Dakar, Senegal.

Signing ceremony for Change in Control procedure of Esso Switzerland assets by SOCAR takes place in Zurich, Switzerland
On June 29, the signing ceremony for the Change in Control procedure for purchase of ExxonMobil’s Esso Switzerland assets by SOCAR took place in Zurich, Switzerland.
SOCAR president Rovnag Abdullayev, head of SOCAR Investments Department Vagif Aliyev, as well as Peter Szanto and Dr. Annette Flormann-Pfaff on behalf of ExxonMobil Company participated at the ceremony. Thereby, the control over the assets of Esso Switzerland had been conveyed to SOCAR.

Vivo Energy: Signing Of Third Phase Of Africa Transaction To Include Botswana And Namibia
Vitol and Helios Investment Partners (Helios) announced today that they have jointly signed the next phase of the transaction that was first announced on February 19th, 2011. On completion of this third phase of the transaction, Vitol and Helios will acquire the majority of Shell’s shareholding in their businesses in Namibia and Botswana. Completion is expected within two to three months, subject to all regulatory approvals. The businesses in Namibia include 34 retail stations with another 44 in Botswana and a total of 140 employees.

TravelCenters of America Enters MOU with Shell to Create a Network of LNG Fueling Lanes Along U.S. Interstate Highways
TravelCenters of America LLC (NYSE Amex: TA) today announced that it has entered a memorandum of understanding with Shell Oil Products US and its affiliates to construct and operate a network of natural gas fueling lanes at TA locations along the U.S. Interstate Highway System.

Hess Explores Sale of St. Lucia Terminal
Hess Corporation (NYSE: HES) announced today that it is exploring the sale of its St. Lucia crude oil and refined products storage and transshipment terminal in the Caribbean. Hess has retained Goldman Sachs as financial advisor in connection with the potential sale.

Puma Energy has completed its acquisition of ExxonMobil's fuels marketing and supply businesses in Belize, El Salvador, Guatemal
Puma Energy has completed its acquisition of ExxonMobil's fuels marketing and supply businesses in Belize, El Salvador, Guatemala, Honduras, Nicaragua and Panama.