British Petroleum (BP) will enter the battle of gas stations in Mexico, where today players such as OxxoGas, Gulf, Petro Seven, Hidrosina, LaGas, Petróleos Mexicanos (Pemex) and soon Texaco and Costco will compete.
Olaf Carrera, director of foreign affairs for the European company, confirmed the official presentation for these new establishments will be made on 9th March 2017.
Founded in 1909 in the United Kingdom, BP has a value of $99 billion dollars. The company will aim to penetrate a market whose annual sales of gasoline (Magna and Premium) generated around $377 billion pesos (18.8 billion USD), in a four year period, between 2011 and 2015.
BP has been involved in Mexico for 50 years in the Castrol lubricants distribution and marketing segment since 1960. Today, BP markets natural gas and oil, as well as other refined petrochemicals.
Currently, the energy company has 70 employees in Mexico and its offices are located in Mexico City.
In 2012, the oil giant faced one of the most important environmental scandals so far in the 21st century, following a Gulf oil spill that was sanctioned by US authorities.
.jpg)
Comments
more recommended stories
Mexico’s Polytechnic Institute and local company NC-Tech to create industrial training center 4.0Mexico, Dec. 14 (Notimex).- The School.
MEXICO TO REGULATE ENTRY AT SOUTHERN BORDERMexico ’s top security official said.
Mexico has the potential to become the main supplier of cannabidiol (CBD) in the worldCannabidiol is a raw material derived.
AMLO asks Mother Earth’s permission to build Maya Train projectMexican president Andrés Manuel López Obrador.
Mexican model Vanessa Ponce de Leon wins Miss World 2018 beauty contestA Mexican model and volunteer was.
Christmastime in Mexico is full of traditionsTo say that Mexico is a.
Puerto Vallarta Wins 2018 Gay Cities ‘Fun in the Sun’ AwardPuerto Vallarta, Mexico – The warmth Puerto.
Battle between the US & Mexico over the US Dolphin Safe label comes to an endMore than a decade since Mexico.
Mexico will host international Solar Power Fair in 2019Mexico will host one of the.
Fentanyl lab busted in Mexico CityThe Attorney General’s Office (PGR) has.
Leave a Comment