Exxon Exits Thai Downstream, Chevron Consolidates

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
Rangsarit Chaiyakun/Shutterstock

US major Exxon Mobil said it will exit Thailand's downstream oil business, while its US peer Chevron is consolidating its downstream presence in Thailand — Southeast Asia's largest refining center with a capacity of 1.24 million barrels per day.

M&A, Corporate Strategy , Refining, Retail Marketing
Wanda Ad #2 (article footer)
Egypt has launched a new upstream bid round for 23 blocks as it faces amid a looming gas supply crunch.
Mon, Sep 25, 2023
Private players Castex and Carbonvert are teaming up for a project in Louisiana state waters that could potentially provide CO2 storage for planned ammonia and LNG facilities.
Mon, Sep 25, 2023
Western sanctions have held up development of Harbour Energy's Tuna gas project, in which the Russian company holds a 50% stake.
Wed, Sep 20, 2023