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ExxonMobil divests Andean downstream assets

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Simpson Thacher & Barlett LLP in New York and Palo Alto; the Bogotá offices of Posse Herrera Ruiz; MBCR - Márquez, Barrera, Castañeda & Ramírez, Esguerra Asesores Jurídicos and Brigard Urrutia; Miranda & Amado Abogados in Lima; and CorralRosales in Quito have helped a subsidiary of Chilean petrol station owner COPEC acquire various downstream assets from ExxonMobil for US$715 million.