(EnergyAsia, October 21 2010, Thursday) — Exxon Mobil Corp has become one of the world’s biggest oil companies to exit Japan’s downstream retail markets, citing declining fuel demand and profitability in one of the world’s largest energy markets. Its assets, starting with business rights in Kyushu, are expected to be auctioned off to petroleum-marketing arms…
JAPAN: Exxon Mobil exits downstream retail market amid falling sales, poor prospects
Posted on October 20, 2010 by EnergyAsia