Chevron Sells Uruguayan Fuel Business

摘要

Chevron subsidiaries Chevron Latin American Marketing and Chevron Amazonas have reached an agreement to sell Chevron's fuel marketing business in Uruguay to D.U.C.S.A., the marketing and distribution unit of state oil company Ancap."This agreement reflects Chevron's downstream strategy to improve returns by focusing on areas where it has a competitive supply position and strong brand recognition," Chevron said.