PDVSA BUYS MORE DOWNSTREAM ASSETS

Venezuela's state oil company continues to expand its downstream presence in other countries. AB Nynas Petroleum, a Swedish specialty refinery held jointly by Petroleos de Venezuela SA and Finland's state owned Neste Oy, will acquire the assets of U.K. refiner Briggs Oil Ltd. Meantime, Pdvsa subsidiary Citgo Petroleum Corp. acquired a petroleum products terminal in Corpus Christi, Tex., from a unit of Mobil Corp. Terms of both transactions were not disclosed. The Mobil sale occurred in

In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive

Subscribe

More in Home