XOM - BlackRock Tapped As Potential Buyer For Exxon's Italian LNG Asset: Report | Benzinga
Oil giant Exxon Mobil Corp (NYSE: XOM) reportedly identified BlackRock Inc (NYSE: BLK) as the prospective buyer for its dominant interest in Italy's leading liquefied natural gas (LNG) import terminal.
The decision comes after Exxon's announcement in March about a plan to offload its 70.68% share in the Adriatic LNG Terminal, aligning with its broader strategy to shed non-core assets, according to a report from Reuters.
The Adriatic LNG Terminal, ...