These Oil Giants Just Jumped Into A Brand New Market

In a sign that Mexico’s energy reform continues to attract
foreign companies, Chevron and Glencore have announced separate
plans for jumping into the Mexican retail fuel market, joining
other big international majors in competing in Mexico’s
newly-liberalized energy sector. U.S. supermajor Chevron said on
Thursday that it would open its first Chevron-branded station in
Mexico in the coming weeks, and would work with local partners in
the importation, distribution, and commercialization of refined
products in Mexico. “We look forward…

In a sign that Mexico’s energy reform continues to attract
foreign companies, Chevron and Glencore have announced separate
plans for jumping into the Mexican retail fuel market, joining
other big international majors in competing in Mexico’s
newly-liberalized energy sector. U.S. supermajor Chevron said on
Thursday that it would open its first Chevron-branded station in
Mexico in the coming weeks, and would work with local partners in
the importation, distribution, and commercialization of refined
products in Mexico. “We look forward…