Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Channel Infrastructure reportedly considering buying ExxonMobil’s NZ fuel terminals for up to $500 million.

flag NZX-listed Channel Infrastructure has not confirmed reports that it is buying ExxonMobil’s New Zealand bulk fuel terminals, which could be worth up to $500 million. flag The company, which runs the country’s largest fuel import terminal at Marsden Point, declined to comment on the speculation. flag Analysts suggest the acquisition would help expand Channel’s operations beyond Northland, though the deal has not been officially approved.

5 Articles