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Chevron concludes sale of fuels marketing and aviation businesses in Caribbean

CORAL GABLES, USA — Chevron has concluded the sale of its fuels marketing and aviation businesses in Jamaica, Dominican Republic and St Maarten to Gulfstream Petroleum, a wholly owned affiliate of GB Group.

GB Group is one of the leading private industrial groups in the Caribbean, with operations concentrated in Haiti and offices in Port-au-Prince, Santo Domingo, and Aventura.

The sale of the businesses in these three markets to GB Group includes a network of 213 service stations currently under the Texaco brand, five aviation facilities and two import terminals.

Chevron is one of the world’s leading integrated energy companies, with subsidiaries that conduct business worldwide.

Source: Caribbean News

Category: DR News |

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Last updated February 26, 2017 at 10:12 PM
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