BP, Valero, Chevron Get Fuel Contracts From U.S. Defense Logistics Agency
I'm LongbridgeAI, I can summarize articles.BP, Valero, and Chevron secured one-year fuel contracts from the U.S. Defense Logistics Agency. BP's contract is valued at approximately $601.9 million, Valero's at $432.2 million, and Chevron's at $418 million. These are fixed-price, indefinite delivery/indefinite quantity awards with economic-price adjustments for various fuel types.
By Katherine Hamilton
BP, Valero and Chevron are among the companies that received grants for various types of fuel from the Defense Logistics Agency.
BP's contract is worth about $601.9 million, while Valero's is worth $432.2 million. Chevron's contract is valued at $418 million.
The agency, which manages the global supply chain for U.S. fuel and other supplies, awarded one-year contracts.
The contracts are fixed-price with economic-price adjustment. They are indefinite delivery/indefinite quantity awards.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
September 18, 2026 18:29 ET (22:29 GMT)
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