ARCO TOP TIER GASOLINE
While waiting for a traffic light, I was handed a shiny flier with the ARCO label on it. "Top Tier Fuel" it shouted (exclamation point). Top tier fuel by definition, has to have all of the driveabi...
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Rather than overload the Southern Pacific Pipeline Infrastructure....
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San Antonio-based refining company Andeavor (NYSE: ANDV) made a small piece of business history with its first tanker shipment of fuel to Mexico.
A Marshall Islands-flagged tanker named the Silver Hannah delivered Andeavor's fuel shipment to a Petroleos Mexicanos terminal in the Baja California port of Rosarito.
Marine shipping records show that the Silver Hannah picked up the shipment from an Andeavor facility in Anacortes, Washington, and arrived in Rosarito on Oct. 7. The fuel delivery will be transported via Pemex Logistics pipelines to storage terminals in other parts of Baja California.
Andeavor officials called the shipment "another major milestone" in Mexico's historic energy reforms, which have allowed foreign investment and competition in the growing fuels market south of the border.
Earlier this year, Andeavor entered into a storage terminal and pipeline access deal with Petroleos Mexicanos. Less than two weeks later, the San Antonio-based refining company entered into a deal with Tijuana-based Professional Fuels Solutions SA de CV, or Profuels, to open Andeavor's brand of ARCO gas stations in Mexico.
So far, Profuels has opened two ARCO branded gas stations in the border city of Tijuana. Andeavor has been supplying the gas stations with fuel using tanker trucks that cross the U.S./Mexico border via international crossings near San Diego.
But with plans to open up to 400 ARCO gas stations in Mexico, the historic shipment by the Silver Hannah is viewed as a successful test for Andeavor to use seafaring tankers as a more cost-effective means to deliver and distribute larger volumes of gasoline and diesel.
Cut n Paste
San Antonio-based refining company Andeavor (NYSE: ANDV) made a small piece of business history with its first tanker shipment of fuel to Mexico.
A Marshall Islands-flagged tanker named the Silver Hannah delivered Andeavor's fuel shipment to a Petroleos Mexicanos terminal in the Baja California port of Rosarito.
Marine shipping records show that the Silver Hannah picked up the shipment from an Andeavor facility in Anacortes, Washington, and arrived in Rosarito on Oct. 7. The fuel delivery will be transported via Pemex Logistics pipelines to storage terminals in other parts of Baja California.
Andeavor officials called the shipment "another major milestone" in Mexico's historic energy reforms, which have allowed foreign investment and competition in the growing fuels market south of the border.
Earlier this year, Andeavor entered into a storage terminal and pipeline access deal with Petroleos Mexicanos. Less than two weeks later, the San Antonio-based refining company entered into a deal with Tijuana-based Professional Fuels Solutions SA de CV, or Profuels, to open Andeavor's brand of ARCO gas stations in Mexico.
So far, Profuels has opened two ARCO branded gas stations in the border city of Tijuana. Andeavor has been supplying the gas stations with fuel using tanker trucks that cross the U.S./Mexico border via international crossings near San Diego.
But with plans to open up to 400 ARCO gas stations in Mexico, the historic shipment by the Silver Hannah is viewed as a successful test for Andeavor to use seafaring tankers as a more cost-effective means to deliver and distribute larger volumes of gasoline and diesel.
