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In 1991, Lasmo, a British oil company, bought Ultramar plc and in 1992 Lasmo spun off the North American refining and marketing operations which became known as Ultramar Corporation. [3] In 1994, Ultramar acquired Sergaz (founded in 1971 by André Ducharme) and Sunoco's Quebec gas stations. Some gas stations still operate under Sergaz but most ...
The Company was founded by four South African goldmining concerns in 1935 to explore for oil in Venezuela and initially traded as the Ultramar Exploration Co. Ltd. It changed its name to the Ultramar Co. Ltd in 1940. [1] It established an operation in Canada, now known as Ultramar Corporation, in 1961. [1]
Parkland's three businesses are retail gas stations, commercial fuel distribution, and fuel supply and wholesaling. [2] Its retail gas station brands in Canada include (with number of sites owned or franchised, as of 2019 [30]): Ultramar (634 sites, primarily in Atlantic Canada, Quebec, and Ontario), Esso (634 sites)
US Gas Prices Increase By As Much As 11% — See Where Your State Stacks Up Key takeaways. The average U.S. gas price on Jan. 15, 2025, was $3.09 per gallon — up 0.7% from $3.07 a year ago.
U.S. consumers will see higher prices at the gas pump from President Donald Trump's decision on Saturday to apply tariffs on Canadian and Mexican oil, according to analysts and fuel traders. The ...
Gas prices within the last 10 years highlight how volatile the market can be. When looking at historical data, gas prices were the same in 2011 as they were in 2023 — $3.52 per gallon.
In September 1996, it was announced that Diamond Shamrock would be acquired by Montreal-based Ultramar, a Canadian oil company for USD$1.96 billion. The primary reason for the merger was originally to attain USD$75 million in annual savings, according to Roger Hemminghaus, the chairman of the newly combined companies Ultramar Diamond Shamrock.
A list of gas station chains in Canada: . Canadian Tire Petroleum (Canadian Tire Gas+) – over 300 stations across Canada; most located next to Canadian Tire retail stores or at service centres such as ONRoute