MEXICO CITY (AP) — Exxon Mobil says it plans to open at least eight gas stations in north-central Mexico in 2018, with hopes of having as many as 50 Mobil-brand stations operating by the end of the first quarter.
The Irving, Texas-based oil and gas giant announced an alliance Wednesday with Mexico’s Grupo Orsan to sell gasoline from a U.S. Exxon Mobil refinery at the Mexican stations.
The fuel will be refined in Texas, sent by rail tanker-car to private distribution centers in Mexico and delivered by tank trucks to the stations.
Until 2016, all Mexican gas stations operated under the brand of the state-owned petroleum company Pemex. Under legal reforms, two private Mexican companies opened gas stations in mid-2016, and BP opened its first private gasoline station earlier this year.
Most Read Business Stories
- Early 787 test plane is dismantled for reuse, recycling, or scrap
- Southwest Airlines sought more time for inspections before Boeing 737’s engine exploded
- Amazon workers' median pay in 2017: $28,446
- Metals-forging firm near Boeing Field closing after 8 decades so real estate can be sold
- Amazon Studios is helping to reboot a Hollywood classic