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Suncor to Buy 43 Phillips-branded Retail Stations
Canadian Company to Acquire Denver Refinery
Last week, Suncor Energy (U.S.A.) Inc. said it reached a deal with ConocoPhillips to purchase the company’s Denver, Colorado refinery, along with 43 Phillips-branded retail stations. The acquisition, which will cost Suncor $150 million, includes associated storage, pipeline and distribution facilities.
“Colorado is a growing, dynamic marketplace, and we’re excited about expanding our business in this area,” said Rick George, Suncor’s president and chief executive officer. “This acquisition provides us with the flexibility to move our products to the Denver refinery or other customers—and gives us increased control of our product from production straight through to the consumer. It also provides consumers with a new competitor in the refining and marketing industry, as well as a reliable, long-term source of crude oil.”
[FULL STORY]
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DTN Energy’s Patented Approach Speeds Terminal Authorizations
Customer Authorizations Up to 10 Times Faster
DTN Energy today announced that it has applied patented technology updates to its dtnTABS application, accelerating customer authorizations at the rack by up to ten-fold. The updates to dtnTABS deliver faster driver load approval, speeding up the entire truck loading process and improving terminal throughput.
All modern terminal automation systems, like the dtnGuardian3 system, can support dtnTABS. Terminals with Internet connections, either directly or via a corporate wide area network, can now take advantage of this new feature, as long as the terminal automation system is able to support the Internet interface. Always a powerful customer management tool, dtnTABS reduces credit exposure, improves inventory management and expedites customer billing at third party terminals by providing real-time control of customer load activity.
[FULL STORY]
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