Fuel: latest news, insights and analysis | ESM Magazine

Circle K Owner Sees Revenue, Profits Driven By Acquisitions

Alimentation Couche-Tard, which operates the Circle K forecourt brand in many countries across Europe, has reported a 1.6% increase in revenue in its merch...

CrossAmerica Partners To Acquire 59 Stores From Fuel Retailer Applegreen

CrossAmerica Partners, along with its Lehigh Gas Wholesale Services Inc. subsidiary, has entered into an agreement to acquire 59 stores from fuel retailer...

Repsol To Return Up To €10 billion To Shareholders By 2027

Spanish fuel company Repsol will hand shareholders up to €10 billion via dividends and buybacks in the next three years.

German Farmers Block Roads, Highway Ramps To Protest Subsidy Cuts

German farmers started a week of nationwide protests early on Monday in response to plans to phase out agricultural subsidies as the coalition government s...

Hapag Lloyd's Sees Nine-Month Net Profit Down 77%, Cuts Outlook

German container shipper Hapag-Lloyd has posted a net profit of €3.2 billion for the first nine months of 2023, down by 77% from a year earlier, and c...

French Retailers Divided Over Government Call To Sell Fuel At Cost

Two leading French retailers were at odds over the government's call for petrol and diesel to be sold at cost price at the fuel pump, ahead of a meeting be...

Morrisons In Talks Over Sale Of Fuel Retail Business

Britain's Motor Fuel Group (MFG) is in talks with supermarket chain Morrisons over the acquisition of 340 fuel retail forecourts, in a deal that could be w...

MOL Group Sees 'Significant Increase' in EBITDA From Consumer Services Arm

Fuel operator MOL Group has reported a near-quadrupling of EBITDA in the second quarter from its Consumer Services business, which includes its Fresh Corne...