OGJ Newsletter

02/14/2011
GENERAL INTEREST - Quick TakesChevron to sell fuels, aviation business in SpainChevron Corp. agreed to sell its Spanish fuels, finished lubricants, and aviation business to Cia. Espanola de Petroleos SA (CEPSA).The companies being sold are Chevron Espana SA and Chevron Estaciones de Servicio. The sale is subject to regulatory approvals. CEPSA plans to buy 62 Texaco-branded service stations in the Canary Islands and its aviation supply agreements at 11 airports. The transaction also includes the Valencia lubricants blending plant.Chevron will retain its marine lubricants business in Spain.BOEMRE announces EIS for 2012-17 lease salesThe US Bureau of Ocean Energy Management, Regulation, and ...
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