Texaco Expands in Guatemala

The company’s plans include investing $2 million in building 4 new gas stations.

Wednesday, April 7, 2010


©image: Marie T

Mario Castellanos, general manager of Chevron Guatemala, Inc., that runs Texaco in the country, explained these investments will be executed by third parties. Currently there are 86 Texaco gas stations in Guatemala.

“Roberto Berti, Texaco distributor in Guatemala, explained that this decision is a result of more vehicles and improvements in the economy”, reported newspaper Prensa Libre.

More on this topic

Texaco will Keep Assets in El Salvador

November 2010

The multinational claims to have a long-term plan for investments in the country.

Carlos Reyes, general manager of Texaco in El Salvador, told La Prensa Gráfica, "It is true that we are going to leave the service station business, our strategy is to make the sale of fuel a profitable business for both Texaco and for Salvadoran entrepreneurs working with us.”

Puma Energy Announces Continued Expansion in Guatemala

January 2012

The company plans to open 80 new service stations in an attempt to consolidate themselves as the second largest in the Guatemalan market.

During the course of this year, share purchases will be completed with ExxonMobil in Belize, El Salvador, Guatemala, Honduras, Nicaragua and Panama.

Puma Energy to Invest in New Gas Stations in Guatemala

September 2010

The investment, worth almost $2 million, will enable the fuel importer to open new stations by the end of 2010.

Puma Energy's General Manager, Juan Ángel Díaz, indicated that their expansion plan seeks to position the company as an alternative to traditional companies, particularly outside urban centers.

Delta Petroleum and Terra Group Prepare for Entry into Costa Rica

August 2011

The companies that acquired the Shell and Texaco service stations are preparing for changes in operation.

Delta Petroleum of Panama, which last year bought the assets of Shell Costa Rica will invest $4 million in renovations and changes to the brand image, said Mauricio Barzun,general manager ofDelta Petroleum Costa Rica.


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