sell crude oil to refineries in france

   
sell crude oil to refineries in france
                                               
                                               
                                               
                                               
  • sell crude oil to refineries in france
Will Esso SAF sell its refinery to Rh?ne energies?

Esso SAF has entered exclusive negotiations to sell its refining and logistics operations in southern France, including the Fos-sur-Mer refinery and Toulouse (Fondeyre) and Villette de Vienne terminals, to Rh?ne Energies, a consortium of Entara LLC and Trafigura Pte Ltd., the four companies said in separate releases on Apr. 11.

Who owns Fos-sur-Mer refinery?

April 11 (Reuters) - Rhone Energies, a consortium of commodity trader Trafigura and Entara LLC, is in exclusive negotiations with Exxon Mobil's ESSO SAF (ESSF.PA) to acquire the Fos-sur-Mer refinery in southern France and the Toulouse and Villette de Vienne terminals.

What makes Fos-sur-Mer a good oil refinery?

¡°We are committed to upholding the operation¡¯s high standards of environmental responsibility, safety, and operational excellence.¡± ¡° The Fos-sur-Mer refinery is an efficient, flexible, well-run operation strategically located on France¡¯s Mediterranean coast, ¡± said Ben Luckock, Global Head of Oil for Trafigura.

What will Rh?ne energies do with a new refinery?

With this proposed acquisition, Rh?ne Energies plans to capitalize on the refinery¡¯s existing skilled teams and strong manufacturing performance. The company aims to further improve margin capture, crude flexibility, process utilization and to maximize high value products, while investing in personnel and process safety.