BP announced today that it has agreed to purchase Chevron’s Netherlands manufacturing company, Texaco Raffinaderij Pernis B.V., for around $900 million, excluding working capital and hydrocarbon inventory. As a result of the deal, BP will acquire Chevron’s 31 per cent minority shareholding in the Netherlands Refining Company (Nerefco), Chevron’s stake in the jointly owned wind farm located at the refinery and their shareholdings in the nearby TEAM crude oil terminal and storage facility and a number of associated pipelines.
Green Marine
about 19 years ago
BP to Purchase Chevron’s Manufacturing Business in the Netherlands
BP announced today that it has agreed to purchase Chevron’s Netherlands manufacturing company, Texaco Raffinaderij Pernis B.V., for around $900 million, excluding working capital and hydrocarbon inventory. As a result of the deal, BP will acquire Chevron’s 31 per cent minority shareholding in the Ne
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