Read the text and say in a few words what the position of Oilpromon the U S market is.OILPROM IN AMERICAO ilprom A m ericas has started spreading its net all over Am erica. T here areno wells o r pipelines. O ilprom A m ericas does not produce oil. Instead, it isengaged in m arketing oil products o n the A m erican m arket.O ilprom ’s slogan is “A spiring to M o re” . A nd they do. O ilprom co n tinues its aggressive grow th into the m ainstream US m arkets. It already o p erates over 1,500 facilities generating 1.5 billion gallons o f gasoline annuallyan d has got ten state sales platform s. It is opening new convenience stores.They offer a wide range o f fine grocery and food products to busy, on -th e-g oA m ericans an d their families. Petroleum products are o n sale too.Oilprom Americas through its subsidiary, Lighty Petroleum M arketingInc., flies the flags o f its prem ier brands O ilprom and Lighty. Recently it hasbought the assets o f its A m erican com petitor Vengas in New Jersey (it is interesting to note that Vengas owns about 20 p er cent o f O ilprom ’s stake and plansto increase it). It is o n its way to becom ing a m ajor force on the East Coast o fthe US.Oilprom A m ericas’ parent com pany is O ilprom Company, which is oneo f the leading oil com panies in Russia. O ilprom is one o f the w orld’s top fivecom panies in term s o f proven and probable reserves. O ilprom explores, p roduces, refines, and sells oil. It operates four large refineries in Russia. Thecom pany focuses o n geological exploration o f hydrocarbons in such promising regions as T im an-Pechora, N orthern Caspian, and som e others. It isspending m ore and m ore on cutting-edge technologies to tap both brown fieldand green field oil.O ilprom has gained international recognition by providing quality p ro ducts in the safest possible m anner. Its m anagers are working on developingalternative processes to reduce potentially adverse environm ental effect o fthe com pany’s operations
Question
Read the text and say in a few words what the position of Oilpromon the U S market is.OILPROM IN AMERICAO ilprom A m ericas has started spreading its net all over Am erica. T here areno wells o r pipelines. O ilprom A m ericas does not produce oil. Instead, it isengaged in m arketing oil products o n the A m erican m arket.O ilprom ’s slogan is “A spiring to M o re” . A nd they do. O ilprom co n tinues its aggressive grow th into the m ainstream US m arkets. It already o p erates over 1,500 facilities generating 1.5 billion gallons o f gasoline annuallyan d has got ten state sales platform s. It is opening new convenience stores.They offer a wide range o f fine grocery and food products to busy, on -th e-g oA m ericans an d their families. Petroleum products are o n sale too.Oilprom Americas through its subsidiary, Lighty Petroleum M arketingInc., flies the flags o f its prem ier brands O ilprom and Lighty. Recently it hasbought the assets o f its A m erican com petitor Vengas in New Jersey (it is interesting to note that Vengas owns about 20 p er cent o f O ilprom ’s stake and plansto increase it). It is o n its way to becom ing a m ajor force on the East Coast o fthe US.Oilprom A m ericas’ parent com pany is O ilprom Company, which is oneo f the leading oil com panies in Russia. O ilprom is one o f the w orld’s top fivecom panies in term s o f proven and probable reserves. O ilprom explores, p roduces, refines, and sells oil. It operates four large refineries in Russia. Thecom pany focuses o n geological exploration o f hydrocarbons in such promising regions as T im an-Pechora, N orthern Caspian, and som e others. It isspending m ore and m ore on cutting-edge technologies to tap both brown fieldand green field oil.O ilprom has gained international recognition by providing quality p ro ducts in the safest possible m anner. Its m anagers are working on developingalternative processes to reduce potentially adverse environm ental effect o fthe com pany’s operations
Solution
Oilprom Americas is aggressively expanding its presence in the U.S. market. Although it does not produce oil, it markets oil products across America. It operates over 1,500 facilities, generating 1.5 billion gallons of gasoline annually, and has ten state sales platforms. It is also opening new convenience stores offering a range of grocery and food products. Through its subsidiary, Lighty Petroleum Marketing Inc., it promotes its premier brands, Oilprom and Lighty. It recently acquired assets of its American competitor, Vengas, in New Jersey, positioning itself to become a major force on the East Coast. Its parent company, Oilprom Company, is one of the leading oil companies in Russia and one of the world's top five companies in terms of proven and probable reserves.
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