(Energy Analytics Institute, Piero Stewart, 1.Apr.2019) — Heard on the street and LatAmNRG briefs related to US-based Chevron’s dealings to acquire the Yumbo and Buenaventura terminals and Terpel’s plans to divest of some 2,296 petrol stations in 2019.
Chevron Negotiates Purchase Of Yumbo and Buenaventura Terminals
(Energy Analytics Institute, Piero Stewart, 1.Apr.2019) — Chevron is said negotiating acquisition of shares of Primax Colombia — operator of the Esso and Mobil petrol stations, among other assets in Colombia — which include the Yumbo and Buenaventura fuel oil terminals (supply plants), reported online media El Tiempo on 1 April 2019. With closing of the acquisitions, the US company will be 100% owner in both terminals.
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Terpel Eyes Sell of 2,296 Petrol Stations In 2019
(Energy Analytics Institute, Piero Stewart, 1.Apr.2019) — Terpel, after acquiring ExxonMobil’s lubricant business in Colombia in 2018, eyes divestment this year of its 2,296 petrol stations under the brands Mobil and Terpel, reported online media El Tiempo on 1 April 2019.
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