Exxon Mobil Corp. said Monday it has no intention of selling its Esso unit refinery, service stations or other assets in Argentina, ending months of speculation about unsolicited purchase offers. Esso has operated in Argentina for more than ninety years.
Esso spokesman Thomas Hess told reporters in Buenos Aires that the multinational had decided to keep those refinery, retail and chemical product operations in Argentina despite earlier reports it was considering offers.
Reports that Exxon wanted to sell its refinery and service station assets in Brazil, Argentina, Chile, Uruguay, and Paraguay surfaced last August, although company officials had declined comment at the time.
Post a Comment