SSgA Active Trust – SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF (NYSE: EEMX) shares fell 1.15%, or $ 0.8778 per share, to close at $ 75.23 on Friday. After opening the day at $ 75.54, shares of SSgA Active – SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF have fluctuated between $ 75.55 and $ 75.23. 2,828 shares traded hands, down from their 30-day average of 4,333. Friday’s activity brought the market capitalization of SSgA Active – SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF to $ 173,029,000.
See the profile of SSgA Active Trust – SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF for more information.
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The Federal Reserve is reviewing ethics policies that govern financial holdings and the activities of its senior officials following recent revelations that two regional Fed chairmen engaged in intensive trade last year.
The Federal Aviation Administration (FAA) wants US airlines to do more to deal with the upsurge in incidents involving unruly or violent passengers.
The DoorDash food delivery service will now support delivery of beer, wine and spirits to 20 U.S. states, the District of Columbia, Canada and Australia, a move the company says could allow it to ” reach over 100 million customers.
About the New York Stock Exchange
The New York Stock Exchange is the world’s largest stock exchange in terms of market value with more than $ 26 trillion. It’s also the leader in initial public offerings, with $ 82 billion raised in 2020, including six of the seven biggest tech deals. 63% of PSPC proceeds in 2020 were raised on the NYSE, including the six biggest deals.
To get more information on SSgA Active Trust – SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF and follow the latest company updates, you can visit the company profile page here: SSgA Active Trust – SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF Profile. For more information on the financial markets, be sure to visit Equities News. Also, don’t forget to sign up for the Daily Fix to get the best stories delivered to your inbox 5 days a week.
Sources: The chart is provided by TradingView based on 15 minute lag prices. All other data is provided by IEX Cloud as of 8:05 p.m. ET on the day of publication.
DISCLOSURE: The views and opinions expressed in this article are those of the authors and do not represent the views of equities.com. Readers should not take the author’s statements as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please visit: http://www.equities.com/disclaimer
President Biden welcomes leaders of India, Japan and Australia to first “Quad” summit on Friday
Some Chinese Banks Stop Offering New Loans To Real Estate Developers Amid Evergrande Fear
Iowa Senator Chuck Grassley is running for eighth term
Special House committee assigns four Trump allies in U.S. Capitol riots investigation
CDC approves COVID-19 vaccine booster shots for millions of elderly and vulnerable people
Semiconductor shortage to cost global auto industry $ 210 billion in revenue in 2021
US Olympians to be vaccinated against COVID-19 for Beijing Winter Games
FAA urges airlines to take stronger action with unruly and disruptive passengers
Today, SSgA Active Trust – SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Inc (NYSE: EFAX) stock gained $ 0.8588, an increase of 1.01%. SSgA Active – The fossil fuel-free MSCI EAFE SPDR ETF opened at $ 86.02 before trading between $ 86.40 and $ 86.02 throughout Thursday’s session. The activity saw the market capitalization of the SSgA Active ETF – SPDR MSCI EAFE Free Fossil Fuel Reserves reach $ 249,948,100 on 5,054 stocks – below their 30-day average of 5,552.
Visit SSgA Active Trust – SPDR MSCI EAFE Fossil Fuel Reserves Free ETF profile for more information.
The daily solution
Enterprise software provider Freshworks Inc (Nasdaq: FRSH) climbed 32% on its IPO on Wednesday after setting prices above its deposit range.
The Federal Reserve is reviewing ethics policies that govern financial holdings and the activities of its senior officials following recent revelations that two regional Fed chairmen engaged in intensive trade last year.
The DoorDash food delivery service will now support delivery of beer, wine and spirits to 20 U.S. states, the District of Columbia, Canada and Australia, a move the company says could allow it to ” reach over 100 million customers.
About the New York Stock Exchange
The New York Stock Exchange is the world’s largest stock exchange in terms of market value with more than $ 26 trillion. It’s also the leader in initial public offerings, with $ 82 billion raised in 2020, including six of the seven biggest tech deals. 63% of PSPC proceeds in 2020 were raised on the NYSE, including the six biggest deals.
To get more information about SSgA Active Trust – SPDR MSCI EAFE Fossil Fuel Reserves Free ETF and to keep up with the latest company updates, you can visit the company profile page here: SSgA Active Trust – SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Profile. For more information on the financial markets, be sure to visit Equities News. Also, don’t forget to sign up for the Daily Fix to get the best stories delivered to your inbox 5 days a week.
Sources: The chart is provided by TradingView based on 15 minute lag prices. All other data is provided by IEX Cloud as of 8:05 p.m. ET on the day of publication.
DISCLOSURE: The views and opinions expressed in this article are those of the authors and do not represent the views of equities.com. Readers should not take the author’s statements as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please visit: http://www.equities.com/disclaimer
President Biden welcomes leaders of India, Japan and Australia to first “Quad” summit on Friday
Some Chinese Banks Stop Offering New Loans To Real Estate Developers Amid Evergrande Fear
Iowa Senator Chuck Grassley is running for eighth term
Special House committee assigns four Trump allies in U.S. Capitol riots investigation
CDC approves COVID-19 vaccine booster shots for millions of elderly and vulnerable people
Semiconductor shortage to cost global auto industry $ 210 billion in revenue in 2021
US Olympians to be vaccinated against COVID-19 for Beijing Winter Games
FAA urges airlines to take stronger action with unruly and disruptive passengers
ETF Series Solutions Trust – Change Finance US Large Cap Fossil Fuel Free ETF (NYSE: CHGX) gained to close at $ 33.83 on Thursday after gaining $ 0.41 (1.23%) on a volume of 5,442 actions. The stock ranged from a high of $ 33.92 to a low of $ 33.60, while the market cap of the ETF Series ETF – Change Finance US Large Cap Fossil Fuel Free now stands at 93,032,500. $.
Visit ETF Series Solutions Trust – Change Finance US Large Cap Fossil Fuel Free ETF for more information.
The daily solution
Enterprise software provider Freshworks Inc (Nasdaq: FRSH) climbed 32% on its IPO on Wednesday after setting prices above its deposit range.
The DoorDash food delivery service will now support delivery of beer, wine and spirits to 20 U.S. states, the District of Columbia, Canada and Australia, a move the company says could allow it to ” reach over 100 million customers.
The Federal Aviation Administration (FAA) wants US airlines to do more to deal with the upsurge in incidents involving unruly or violent passengers.
About the New York Stock Exchange
The New York Stock Exchange is the world’s largest stock exchange in terms of market value with more than $ 26 trillion. It’s also the leader in initial public offerings, with $ 82 billion raised in 2020, including six of the seven biggest tech deals. 63% of PSPC proceeds in 2020 were raised on the NYSE, including the six biggest deals.
To get more information about the ETF Series Solutions Trust – Change Finance US Large Cap Fossil Fuel ETF and to keep up with the latest company updates, you can visit the Company Profile page here: ETF Series Solutions Trust – Change Finance US Large Cap Fossil Fuel Free ETF’s Profile. For more information on the financial markets, be sure to visit Equities News. Also, don’t forget to sign up for the Daily Fix to get the best stories delivered to your inbox 5 days a week.
Sources: The chart is provided by TradingView based on 15 minute lag prices. All other data is provided by IEX Cloud as of 8:05 p.m. ET on the day of publication.
DISCLOSURE: The views and opinions expressed in this article are those of the authors and do not represent the views of equities.com. Readers should not take the author’s statements as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please visit: http://www.equities.com/disclaimer
President Biden welcomes leaders of India, Japan and Australia to first “Quad” summit on Friday
Some Chinese Banks Stop Offering New Loans To Real Estate Developers Amid Evergrande Fear
Iowa Senator Chuck Grassley is running for eighth term
Special House committee assigns four Trump allies in U.S. Capitol riots investigation
CDC approves COVID-19 vaccine booster shots for millions of elderly and vulnerable people
Semiconductor shortage to cost global auto industry $ 210 billion in revenue in 2021
US Olympians to be vaccinated against COVID-19 for Beijing Winter Games
FAA urges airlines to take stronger action with unruly and disruptive passengers
Today, SSgA Active Trust – SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF Inc (NYSE: EEMX) gained $ 0.4676, an increase of 0.62%. SSgA Active – The SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF opened at $ 75.98 before trading between $ 76.32 and $ 75.98 throughout Thursday’s session. The activity saw the market capitalization of SSgA Active – SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF increase to $ 175,048,400 on 6,874 stocks – above their 30-day average of 4,087.
See the profile of SSgA Active Trust – SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF for more information.
The daily solution
The Federal Reserve is reviewing ethics policies that govern financial holdings and the activities of its senior officials following recent revelations that two regional Fed chairmen engaged in intensive trade last year.
Enterprise software provider Freshworks Inc (Nasdaq: FRSH) climbed 32% on its IPO on Wednesday after setting prices above its deposit range.
The DoorDash food delivery service will now support delivery of beer, wine and spirits to 20 U.S. states, the District of Columbia, Canada and Australia, a move the company says could allow it to ” reach over 100 million customers.
About the New York Stock Exchange
The New York Stock Exchange is the world’s largest stock exchange in terms of market value with more than $ 26 trillion. It’s also the leader in initial public offerings, with $ 82 billion raised in 2020, including six of the seven biggest tech deals. 63% of PSPC proceeds in 2020 were raised on the NYSE, including the six biggest deals.
To get more information on SSgA Active Trust – SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF and follow the latest company updates, you can visit the company profile page here: SSgA Active Trust – SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF Profile. For more information on the financial markets, be sure to visit Equities News. Also, don’t forget to sign up for the Daily Fix to get the best stories delivered to your inbox 5 days a week.
Sources: The chart is provided by TradingView on the basis of prices delayed by 15 minutes. All other data is provided by IEX Cloud as of 8:05 p.m. ET on the day of publication.
DISCLOSURE: The views and opinions expressed in this article are those of the authors and do not represent the views of equities.com. Readers should not take the author’s statements as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please visit: http://www.equities.com/disclaimer
FAA urges airlines to take stronger action with unruly and disruptive passengers
Freshworks Jumps 32% on First Day of Trading After Pricing Above the Ranking Range
Twitter settles $ 809.5 million class action lawsuit for providing misleading information to investors
DoorDash Adds Alcohol Delivery to 20 US States, DC, Canada and Australia
Bill Gates Raises Over $ 1 Billion For Clean Energy Technology
CVS Health to Hire 25,000 at Virtual Career Event on Friday, September 24
President Biden’s new alliance with Australia and Great Britain Angers France and European Union
California Governor Newsom signs affordable housing law
A major Tesco branch in Cardiff closed its gas station tonight as gasoline deliveries across the UK continue to be hit by the shortage of truck drivers.
The Tesco Extra gas station on Excelsior Road appeared to be cordoned off earlier, following a warning from BP and Esso that they were struggling to maintain gas stations.
Esso owner ExxonMobil said earlier that a “small number” of Tesco Alliance gas stations had been affected by disruption.
Read more stories like this here.
Gasoline and diesel are the latest to be added to the growing list of products affected by the supply crisis currently ravaging the UK.
BP has said it is cutting deliveries across the country to ensure it does not run out of fuel, with the oil giant saying it is increasingly affected by the growing shortage of international delivery drivers.
The company told the government at a meeting last Thursday that the company’s ability to transport fuel from refineries to its network of service stations had weakened.
BP UK retail manager Hanna Hofer called the situation “bad, very bad,” according to an ITV News report.
And while a specific timeline is unclear so far, restrictions could come into play “very soon” with some gas stations not being restocked for a day and a half each week.
Those on the freeways, however, will be prioritized and restocked normally.
Tesco had previously said it has “good fuel availability” at its own gas stations, while some Esso-branded gas stations with a Tesco store have been affected.
The company said it has experienced minimal temporary outages in a small number of areas and is ensuring supplies are quickly replenished.
A spokesperson for ExxonMobil said: “The majority of the 1,200 Esso-branded sites in the UK are owned and operated by a number of independent retail companies, these companies are responsible for organizing the supply. of their Esso fuel sites.
“Regarding our own operations, a small number of our 200 Tesco Alliance retail locations are affected.
“We work closely with all parts of our distribution network to optimize supplies and minimize inconvenience to customers.
“We apologize to our customers for any inconvenience.”
A Tesco spokesperson said: “We have good fuel availability, with deliveries arriving daily at our service stations across the UK.”
For the latest updates via email from WalesOnline, click here.
Two development applications have been filed for the overhaul of an approved gas station, food restaurant and subdivision (1 in 3 lots) on 2 stages, located at 1840 Wynnum Road, Wynnum West.
Designproduced by Verve Building Design, the proposal targets three one-story buildings across the site and a new internal driveway across the northwest part of the site connecting the entrance to Wynnum Road to Fleming Road to Kianawah Road. The new interior road will provide access to each new land use.
The existing single-family house, the sheds will be demolished and the pond backfilled. The site will be cleared of all structures to facilitate redevelopment, however some of the existing trees in the southwest corner of the site will be retained. The site is in the rural residential area, with a frontage on Wynnum Road, Fleming Road and Kianawah Road
Development details – Service station (200m² of GFA) – Stage 1 – Fast Food Outlet and Alfresco Dining (245 m²) – Stage 2 – Fast Food Outlet (220m²) – Stage 2
New lots Lot 1 (7,281 m²) Lot 2 (2,832 m²) Lot 3 (3,083 m²)
Business hours 24 hours from Monday to Sunday
Gas station (Location 1) – Fuel canopy on 4 fuel dispensers – Loading dock – Service station / GFA store 200m² – New underground fuel storage tanks, with divided compartments – 13 shared parking spaces provided (1 PWD) – Height of the single storey building – Awning of the forecourt – Illuminated sign on pylon – Internal access to the vehicle
Fast food (Rental 2) – 63 shared parking spaces – 10 cars by car – 2 waiting bays – Gross area of 205 m² – Outdoor dining room (40 m²) – Loading / service dock – Internal access to the vehicle
Fast food (Rental 3) – 63 shared parking spaces – 11 cars in the car – 2 waiting bays – 220 m² of gross floor area – Loading / service dock – Internal access to the vehicle
Seventy-six (76) shared parking spaces (three (3) PWD spaces) with a separate dedicated air / water point. Access is provided through a new separate entrance and existing locations towards Fleming Road and Kianawah Road, with new exit access from Wynnum Road.
Saunders Havill Group planners state that “the proposed form of construction includes 2 separate low-rise food and beverage buildings positioned towards the frontage of Wynnum Road. The style of the buildings is in keeping with the modern drive-thru outlets and on a scale in keeping with the local character of the area which includes nearby Moreton town center.
The two proposals target a total of 625 m² of gross floor area (SAB) which will be placed on the site area of 15,330 m².
We encourage you to like the Your Neighborhood Facebook page, to be updated on other projects or developments.
Application information and references – Change filed: September 21, 2021 (gas station) – Application submitted: September 20, 2021 (fast food) – Consulting reference: A005838438 and A005839411 – Address: 1840, chemin Wynnum, Wynnum Ouest – Zone: Rural Residential – Neighborhood map: Hemmant-Lytton – Application report: Saunders Havill Group – Landscape designs: Saunders Havill Group – Design drawings: Verve Building Design – Interactive image: Google Streetview and aerial
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News articles are presented impartially from publicly available information that includes referenced links for the reader to obtain additional information. The facts regarding proposed government projects, press releases, school upgrades and development applications are based on information available at the time of the date of publication, with information coming directly from company websites, press releases and development request material. We reference all of our information at the end of the articles and promote the creators with back links to the website.
The BU’s board of directors voted yesterday to begin selling the university’s stakes in fossil fuel companies, school president Robert Brown announced today.
In an email to the BU community, Brown said that effective now, school investment managers will no longer make any purchases in companies that sell carbon-releasing energy products and will begin to seek investments in carbon-free energy products. produced without fossil fuels.
The school will begin to sell the stakes it already owns in such energy companies, but over time, perhaps up to a decade, “to avoid large financial losses associated with the rapid sale of investments. private with limited life “.
Harvard announced a similar fossil disposal on September 9.
Brown added that BU administrators also asked the school’s investment office to look for ways to “measure greenhouse gas emissions generated by the underlying holdings of fund management companies. endowment “and find ways to offset the net emissions of these entities”, with the idea of moving to net investments with zero greenhouse gases by 2050.
Brown continued that the change in investment policy, while important, is only a small part of BU’s overall plan to do its part “to prevent the global calamity caused by climate change” which includes the renovation. of all 345 school buildings to reduce their energy consumption, launching a wind power project to match the school’s energy consumption for the next 15 years and research by professors and BU students to develop “new technologies that have the potential to drastically reduce energy consumption and mitigate the worst effects of global warming.” He finishes :
As we have learned to live and work with the virus that causes COVID-19, we are faced with another silent killer who is ultimately more dangerous than a virus. We face the challenge of changing our way of life at an unprecedented rate if we are to preserve the Earth’s environment as we know it.
A BP gas station near Maidstone has shut down its pumps after running out of fuel, the company citing the shortage of drivers across the area.
It is understood that the Ashford Road garage, Lenham, ran out of gasoline and diesel by lunchtime today, shutting down its pumps.
The Ashford Road BP petrol station has shut down its pumps due to a fuel shortage Photo: Google
Elsewhere, it was reported that no fuel was available for trucks to Maidstone Services on the M20 at junction 8 near Leeds Castle.
BP said a handful of sites across the country had closed and it was working hard to resolve the issue.
In a statement he said: ‘We are having fuel supply issues at some of our UK retail locations and have therefore unfortunately seen a handful of locations temporarily shut down due to lack of quality. unleaded and diesel.
“These have been caused by delays in the supply chain, which has been hit by driver shortages across the UK industry, and we are working hard to resolve this issue.
“We continue to work with our carrier supplier to minimize disruption and ensure efficient and effective deliveries to serve our customers. We apologize for any inconvenience caused. “
Gas pumps have closed at a Lenham gas station due to an industry-wide shortage of drivers Photo: Getty Images, Gremlin
In addition to BP, Esso owner ExxonMobil also said a “small number” of Tesco Alliance gas stations have been affected by the disruption in gasoline deliveries.
BP told the government at a meeting last Thursday that the company’s ability to transport fuel from refineries to its network of service stations was weakening.
Hanna Hofer, UK retail manager at BP, said it was important for the government to understand “the urgency of the situation”, which she called “bad, very bad”, according to an ITV News report.
Visit our business page for all the latest business news in Kent
Global Fossil Fuel Electricity Market Report 2021 – Impact and Recovery of COVID-19
The Business Research Company’s Global Fossil Fuel Electricity Market Report 2021 – Impact and Recovery of COVID-19
LONDON, GREATER LONDON, UK, September 23, 2021 /EINPresswire.com/ – According to new market research report ‘Fossil Fuel Electricity Global Market Report 2021: COVID-19 Impact And Recovery’ released by The Business Research Company The fuel-based electricity market is expected to grow from $ 799.94 billion in 2020 to $ 833.71 billion in 2021 at a compound annual growth rate (CAGR) of 4.2%. The growth is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities which resulted in operational challenges. The market is expected to reach $ 1058.07 billion in 2025 at a CAGR of 6%. Growing demand for electricity is expected to be a key driver of the fossil fuel power generation market during the forecast period.
Sample request for Global Fossil Fuel Electricity Market report: https://www.thebusinessresearchcompany.com/sample.aspx?id=3860&type=smp
The market for the generation of electricity from fossil fuels comprises the sales of electricity from fossil fuels and related services that convert fossil fuels into electrical energy and operate power generation facilities. The fossil fuel electricity generation industry includes establishments that generate electricity using fossil fuels such as coal, oil, and natural gas as energy sources. Fossil fuels are buried combustible geological deposits of organic material, formed from decaying plants and animals that have been converted to crude oil, coal, natural gas, or heavy oils by exposure to heat and pressure from the environment. Earth’s crust.
Global market trends for electricity from fossil fuels Governments around the world are increasingly supporting the adoption of carbon capture and storage (CCS) technology in all sectors, including power generation. CCS prevents up to 90% of carbon dioxide emissions produced by the combustion of fossil fuels from entering the atmosphere. In CCS, carbon dioxide is first isolated from the gases produced during the production of electricity. It is then transported for safe storage. The ADM Illinois Industrial Carbon Capture & Storage (ICCS) project, for example, isolates carbon dioxide from an ethanol manufacturing plant and stores it in a nearby deep salt formation, storing about 1.1 million tonnes of carbon dioxide per year.
Global fossil fuel-based electricity market segments: The global fossil fuel market is further segmented on the basis of fuel type, end user, and geography. By fuel type: coal, petroleum, natural gas By end user: residential, commercial, industrial By Geography: The global fossil fuel electricity market is segmented into North America, South America, Asia Pacific, Eastern Europe, Western Europe, Middle East and in Africa.
To learn more about the Global Fossil Fuel Electricity Market Report, Visit: https://www.thebusinessresearchcompany.com/report/fossil-fuel-electricity-global-market-report
The Global Fossil Fuel Electricity Market 2021 report is part of a series of new reports from The Business Research Company that provides overviews, analysis and forecasts of the fossil fueled electricity market, market size and growth for global fossil fuel electricity market, fossil fuel electricity market share, fuels electricity market players, market segments and geographies Fossil Fuel Electricity, revenues, profiles and market shares of the main competitors in the fossil fuel electricity market. The Fossil Fuel Electricity Market report identifies key countries and segments for opportunities and strategies based on market trends and approaches of key competitors.
Read The Business Research Company’s 2021 Global Fossil Fuel Electricity Market Report for insights into the following:
Data segments: market size, global, by region and by country; Historical and forecast size, and growth rate for the world, 7 regions and 12 countries
Covered Fossil Fuel Electricity Market Organizations: Iberdrola, SA, Huaneng Power International, Inc, Engie SA, Enel SpA, State Power Investment Corporation Limited, AGL Energy Limited, Origin Energy Limited, Energy Australia Holdings Limited, Stanwell Corporation Limited and American Electric Power.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
Country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Want to learn more about The Business Research Company? The Business Research Company has published over 1,000 industry reports, covering over 2,500 market segments and 60 geographies. The reports are backed by 150,000 datasets, in-depth secondary research, and proprietary information from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 in various markets.
Get a quick overview of our services here: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Here is a list of reports from The Business Research Company similar to the Fossil Fuel Electricity Global Market Report 2021:
Global Electricity Generation Market Report 2021 – By Type (Hydropower, Fossil Fuel Electricity, Nuclear Electricity, Solar Electricity, Wind Electricity, Geothermal Electricity, Biomass Electricity, Other Electricity), By End User (Residential, commercial, industrial), by energy sources (conventional / non-renewable source, renewable source), by type of network (off-grid, on-grid), COVID-19 impact and recovery https://www.thebusinessresearchcompany.com/report/power-generation-global-market-report
Coal Market – By Type (Bituminous Coal, Sub-bituminous Coal, Lignite, Anthracite), By End User (Power, Steel, Cement, Others) and By Region, Opportunities and Strategies – Global Forecast to 2030 https://www.thebusinessresearchcompany.com/report/coal-market
Global Oil and Gas Market Report 2021 – By Type (Upstream Oil and Gas Activities, Downstream Oil Products), Impact and Recovery of COVID-19 https://www.thebusinessresearchcompany.com/report/oil-and-gas-global-market-report-2020-30-covid-19-impact-and-recovery
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Corrib Oil, one of Ireland’s leading service station and petroleum distribution providers, has reached a deal to acquire H2 Group, it was announced this week.
While subject to competition regulator approval, this deal will see Corrib Oil acquire 13 high-quality retail locations based in the south and east of Ireland, extending Corrib Retail’s footprint to 33 stores in total.
This includes the Texaco gas station located on the Athlone to Ferbane road.
The new sites are located in Listowel, Co. Kerry; Kildare; Limerick; Tipperary; Dublin; Laois; Offaly and Liège.
Corrib Oil, founded in Claremorris in 1987, operates two separate divisions, Corrib Retail and Corrib Distribution.
Corrib Retail currently operates 20 convenience stores with forecourt; while Corrib Distribution, a leading distributor of fuel oil and fuel, operates through 21 depots in 14 counties.
After maintaining a 22-year relationship with BWG Foods, all Corrib Retail convenience stores are under the Spar brand, while all forecourts are under the Circle K or Texaco brand, with in-store partners like Insomnia and Chopped.
The Corrib Distribution company supplies heating oil, highway fuels and lubricants from 21 distribution sites, operating a fleet of 78 highway trucks and 69 service vehicles across the country. Upon completion of the acquisition agreement, Corrib will operate at 54 sites in a total of 16 counties – 20 Corrib service stations, 21 petroleum distribution depots and 13 H2 group retail sites. Currently employing 700 people, the addition of H2 Group to Corrib Oil will bring the total number of employees to over 1,000.
Founded in 2004, the H2 Group operates 13 retail locations, 11 gas stations and a convenience store, with the thirteenth set to open in Kenmare, County Kerry next month.
