Following a public comment period, the Federal Trade Commission has approved a final order settling charges that energy investor ArcLight Energy Partners Fund VI, L.P.’s acquisition of Gulf Oil Limited Partnership from its parent company, Cumberland Farms, Inc., would likely be anticompetitive. Under the order, first announced in December 2015, ArcLight and Gulf are required […]
Tag Archives: oil and gas competition Bureau of Competition Competition
FTC Approves Tesoro Corporation’s Application to Divest Boise, Idaho, Terminal Business and Related Assets to Sinclair Transportation Co.
Following a public comment period, the Federal Trade Commission has approved an application by Tesoro Corporation and Tesoro Logistics Operations LLC (Tesoro) to sell its petroleum-related terminaling business and related assets in Boise, Idaho, to Sinclair Transportation Co. The divestiture is required under a final FTC consent order approved in August 2013 to settle charges […]