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. More Investment From Puma Energy in El SalvadorWednesday, January 21, 2015 The company received the authorization to expand the jet fuel plant in Comalapa and plans to invest $20 million between 2015 and 2016 to improve the capacity of the plant in Acajutla. Expansion of the terminal near the Comalapa airport will cost approximately $1 million and will allow for storage of up to 16,000 barrels of jet fuel to meet demand from the airlines with which it holds contracts. 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. Gas Stations: Business UpwardsTuesday, March 12, 2019 According to businessmen of the sector, the constant growth of the vehicle fleet explains the investments that have been made in the opening of new service stations in El Salvador. At the beginning of 2019, there were 455 service stations in operation in the Salvadoran market, according to data from the Hydrocarbons and Mines Directorate of the Ministry of Economy. 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. Honduras: Less Competition in Fuel MarketTuesday, October 11, 2011 Only three out of the seven companies that used to import and distribute fuels are left in operation. The three companies still operating in the Honduran market are Chevron-Texaco, Unopetrol and Puma Energy. New Fuel Dealer in TocumenWednesday, September 12, 2018 This week the company CLH Aviación started providing fuel supply services at Tocumen air terminal in Panama. After having won the tender to supply fuel and lubricants at Tocumen International Airport and regional terminals in 2017 for a period of 120 months, the company CLH Aviación stated that it has successfully started providing operations and maintenance services and supplying fuel at the air terminal. |
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