Esso Standard Oil taken over by Puma
In economic news, Esso Standard Oil, S.A. Limited, the sole importer of fuel in Belize announced today, that it is one of several companies being sold to Puma Energy. ExxonMobil, Esso’s parent company, signed the sale agreement for its shares in business throughout six of the seven Central American countries. The other Belize based companies being sold are the Esso Maritime Supply Company Limited, Esso Standard Oil S.A. and Servicios Santa Elena S.A. News Five spoke to Esso Country Manager, Jose Matus, who said the transaction is simply a change of ownership and it is not expected to affect operations, nor will any jobs be lost. Puma is an oil company, headquartered in Switzerland and operating in twenty-three countries.
Jesus! We just cant get a break. Look up these guys on the net. This just seems to be a nasty company. Read up on all the scandals they have been involved in.
http://en.wikipedia.org/wiki/Trafigura
The Belize Government should buy direct from Pemex (Mexico) and resell at cost to Belizeans.