Engen Petroleum has acquired Chevron Corporation (NYSE:CVX) assets in seven sub-Sahara African countries.

Chevron Corporation (NYSE:CVX) Sells Assets In Seven Countries

According to an announcement made by Africa-based company Engen Petroleum, it has acquired the assets of Chevron Corporation (NYSE:CVX) in seven countries in sub-Sahara Africa.

Henry Akwaboah, Managing Director of Engen Ghana said, “We have completed the acquisition process from Chevron Corporation (NYSE:CVX), now the sky is the limit as we seek to become the champion in Africa. The company would continue to operate in its core functions – refining of crude oil, the marketing of primary refined petroleum products and the provision of convenience services through its extensive retail network.”

Chevron Corp. (NYSE:CVX) shares are currently standing at 106.89.

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