NO. 32


Saudi Arabia

Star Enterprise Acquires New Gasoline Outlets in Florida

Star Enterprise - the 50-50 joint refining and marketing venture betweenSaudi Arabia and Texaco - announced on 7 May that it plans to acquire 128gasoline/food mart outlets in Florida from TOC Retail, Inc. The purchaserepresents a major acquisition by Star Enterprise and will significantlyincrease its presence in Florida. Star Enterprise markets its products under theTexaco trade marks. The outlets...