Rhône Energies consortium enters exclusive negotiations to acquire France's Esso Fos-sur-Mer refinery and terminals, subject to approvals and consultation.
Rhône Energies, a consortium of Entara LLC and Trafigura Pte Ltd, entered exclusive negotiations to acquire France's Esso Fos-sur-Mer refinery and the Toulouse and Villette de Vienne terminals. The deal, subject to regulatory approvals and employee consultation, is expected to complete by the end of 2024. Rhône Energies aims to combine Entara's refinery expertise with Trafigura's energy and commodities market leadership.
April 11, 2024
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