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Petrolina's ExxonMobil deal subjected to in-depth competition probe in Cyprus

( September 29, 2025, 13:53 GMT | Official Statement) -- MLex Summary: Cypriot oil company Petrolina"s acquisition of ExxonMobil's share capital in the country is being subjected to a full investigation by the Cyprus competition authority. The deal is likely to have ''non-coordinated effects on competition'', resulting from high market share of the companies involved and the limited number of companies active in the sector, the watchdog said in a statement on Monday.  Statement follows. ...

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