Hydrocarbon Processing Copying and distributing are prohibited without permission of the publisher
Email a friend
  • Please enter a maximum of 5 recipients. Use ; to separate more than one email address.



ExxonMobil mulls sale of German Esso gas stations

07.06.2012  | 

ExxonMobil is in preliminary talks with various parties, some of whom might be from Russia or eastern Europe, the Bloomberg report cited people as saying. Two of the people said the unit, which includes more than 1,100 gas stations, could fetch more than €1 billion ($1.3 billion) in a sale.

Keywords:

ExxonMobil Corp. is considering a sale of its German Esso gas station chain, Bloomberg News reported Thursday on its website, citing unnamed people familiar with the process.

Two of the people said the unit, which includes more than 1,100 gas stations, could fetch more than €1 billion ($1.3 billion), the report said.

Exxon is in preliminary talks with various parties, some of whom might be from Russia or eastern Europe, the report cited the people as saying.

The report said an ExxonMobil Central Europe spokeswoman, Gabriele Radke, declined to comment on any possible process.


Dow Jones Newswires



Have your say
  • All comments are subject to editorial review.
    All fields are compulsory.

Related articles

FEATURED EVENT

GasPro North America

Sign-up for the Free Daily HP Enewsletter!

Boxscore Database

A searchable database of project activity in the global hydrocarbon processing industry

Poll

Should the US allow exports of crude oil? (At present, US companies can export refined products derived from crude but not the raw crude itself.)


66%

34%




View previous results

Popular Searches

Please read our Term and Conditions and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2014 Hydrocarbon Processing. © 2014 Gulf Publishing Company.