Posts Categorized: Business

Neal and Massey splits Shell operation with Joe Issa

Following the change of ownership of Shell Company (wi) Limited’s operations in Jamaica last November, the company’s retail liquefied petroleum gas (LPG) business have been rebranded as ‘Gas Pro’. Shell sold its 56 service stations along with its LPG business…
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Business Leader Awards

Photo Caption: Five of the nine nominees (representing eight companies) line up for photo. From left: Joe Issa, executive chairman of the Cool Group; Marc Melville, executive and capital partner in Chukka Caribbean Adventures and Tropical Battery and who shares…
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Issa to take petrol business public

Joe Issa plans to take public Cool Petroleum Holdings, the vehicle he used in partnership with the Trinidad-based conglomerate, Neal and Massy, to acquire Shell Oil’s business in Jamaica, financial sector sources said yesterday. Issa declined to comment on the…
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Joe Issa snatches Shell: Partners with Neal & Massy to control fuel market

The partnership between Joe Issa’s Cool Oasis petroleum retail and marketing company and Neal & Massy has acquired Shell Company’s businesses in Jamaica, ending a year-long effort by the Anglo-Dutch company to divest its assets in the island. The price…
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Shell sell-out: Joe Issa, Neal & Massy clinch deal

Multinational petroleum company Shell yesterday announced the sale of its 56 service stations in Jamaica to Cool Petroleum Holdings Limited, which is jointly owned by the Joe Issa-led Cool Corp. Limited and Trinidad-based Neal & Massy Industrial Gas Holdings Limited….
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Cool Oasis Group Grows Westward

The Cool Oasis Petroleum chain is now one of the largest petroleum retailers in Jamaica. The group, which recently acquired three stations in St. James – Montego Bay, Granville and Ironshore, is looking to acquire several more during the next…
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