UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
ExxonMobil to sell 50% of Italian forecourt network
Exxon Mobil is looking to sell half of its 2,500 service station network in Italy for around €500mn, according to Reuters. Shell exited the market last year, while the joint venture between Total and Erg is currently selling its network of 2,600 fuelling outlets. Italy currently has about 21,000 service stations, twice the number in France. Over the past two years, the government has been looking to cut the number of forecourts to bring the network in line with demand and make Italy’s fuel retail industry more efficient.
News Item details
Journal title: Petroleum Review
Region: Europe
Keywords: transport fuels - Forecourts / fuels retailing
Countries: Italy -
