Exxon sells units in Central America to Trafigura

Exxon Mobil is disposing of its oil-marketing and supply businesses in Central America to Netherlands-based Trafigura.

The acquisition bucks a recent trend of Latin American energy asset sales to Chinese firms.

Puma Energy, a unit of Trafigura, said that it will buy Exxon's oil-marketing and supply businesses in six Central American countries.

 

Original source: Dow Jones