ExxonMobil reveals mixed plan to shed, shutter French refining, chemical assets

Esso Societe Anonyme Francaise (SAF)—a majority owned subsidiary of ExxonMobil—has entered formal discussions for the sale of its 140,000-b/sd (133,000-b/d) Fos-sur-Mer integrated refinery in the Bouches-du-Rhône region of southern France’s Provence-Alpes-Côte d’Azur.