Puma Energy Acquires ExxonMobil Assets in the RegionWednesday, March 30, 2011 Puma Energy has agreed to acquire ExxonMobil’s commercialization and fuel supply assets in Belize, El Salvador, Guatemala, Honduras, Nicaragua and Panama. Founded in 1997, Puma Energy has quickly grown into one of the world’s largest independent petroleum commercialization and downstream distribution companies. Fuel Company Changes HandsMonday, September 4, 2017 Puma Energy has announced the purchase of 100% of the capital stock of the Panamanian company Tropifuels, which operates Tropigas fuel service stations throughout the country. In a statement the company dedicated to the distribution of oil and gas explained that with the acquisition of Tropifuels S.A. it will "... Fuel Supply Awarded for $34 millionFriday, December 12, 2014 In Guatemala a contract to supply fuel (diesel or gasoline) to be used by vehicles belonging to the National Civil Police was awarded to the company Puma Energy Guatemala S.A. The company Uno Guatemala S.A. also submitted a bid for the supply of fuel, for $34 million, the same amount of as the offer by Puma Energy Guatemala. Despite being for the same amounts, in the assessment the best score was obtained by the company Puma Energy Guatemala SA. Puma Energy to Invest in New Gas Stations in GuatemalaThursday, September 2, 2010 The investment, worth almost $2 million, will enable the fuel importer to open new stations by the end of 2010. Puma Energy's General Manager, Juan Ángel Díaz, indicated that their expansion plan seeks to position the company as an alternative to traditional companies, particularly outside urban centers. Puma Energy Announces Continued Expansion in GuatemalaWednesday, January 4, 2012 The company plans to open 80 new service stations in an attempt to consolidate themselves as the second largest in the Guatemalan market. During the course of this year, share purchases will be completed with ExxonMobil in Belize, El Salvador, Guatemala, Honduras, Nicaragua and Panama. Fuel Market in GuatemalaWednesday, January 18, 2012 There are eight importers who supply more than 1,250 service stations; companies compete to attract customers with better services. The purchase of Shell’s operations by Unopetrol, and Esso’s by Puma Energy, has spurred competition and is transforming the fuel sales market, with the opening of new retail outlets and additional service offers, such as car washing. Guatemala: Standards for Clean DieselThursday, February 5, 2015 Starting April the maximum permitted amount of sulfur will be 500 parts per million, and higher amounts of sulfur in diesel may only be used for electricity generation. It is expected from the second week of May the new diesel will be publicly available at an additional cost of $0.06 per gallon, approximately. In the case of imported diesel intended for power generation, a special permit must be applied for from the Ministry of Energy and Mines (MEM). Guatemala: Objections to Tender of Jet Fuel TerminalFriday, May 8, 2015 The tender documents may have been "managed" so that only a single operator could prove compliance with the conditions of experience in the field. Puma Energy and Chevron have requested that the tender for the concession for the construction and operation of a jet fuel terminal be repeated, arguing anomalies in the concession process. The Business of Gas Stations in GuatemalaTuesday, March 18, 2014 There has been a reduction in the number of independent gas stations and an increases the presence of corporate brands. The gas stations business in Guatemala has been transformed in recent years, as fewer and fewer service stations are being operated by independent companies, many of which have sold their establishments or been acquired by international franchise brands. Guatemala's Pacific Oil Targets Central AmericaTuesday, October 30, 2012 The fuel company has announced a regional expansion process in El Salvador, Honduras and Panama. Juan Salazar, manager of the company, explained that in 2013 they plan to open 75 stations in these countries, with a total investment of $48 million and an average cost of $500,000 per facility. |
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