Chevron completed the acquisition of Puma Energy (Australia) Holdings for $291m.

Chevron completed the acquisition of Puma Energy (Australia) Holdings, a domestic commercial and retail fuel business of Puma Energy for $291m. “The acquisition will provide Chevron with a stable market for production volumes from our refining joint ventures in Asia and create a foundation for sustainable earnings growth. It will build on Chevron’s strong history of partnership in Australia and our global experience in fuels and convenience marketing and supply,” Mark Nelson, Chevron Executive vice president for Downstream & Chemicals.