Exxon considering petrol station sales

City A.M. Reporter
EXXON Mobil Corp yesterday confirmed it was considering the sale of its 100 petrol stations in Scotland but declined to comment on a report it plans to sell its North Sea oil fields, worth some $2bn (£1bn).

Its comments came after a press report said the North Sea disposal was on the cards.

An Exxon spokeswoman would not comment on the report but said the company intended to keep investing in the region.

“In terms of North Sea assets, Exxon Mobil is a long-term investor in the UK and plans to remain a major investor.” a spokeswoman said.

In September Exxon and Shell said they planned to sell their interest in the Corvette field platform in the North Sea.