Axion Energy is an Argentine refiner and marketer of fuels, lubricants and derivatives. It operates the 90,000 b/d Campana refinery north of Buenos Aires and a network of over 750 retail sites in Argentina, Uruguay and Paraguay. Wholly owned by Bridas until its 2017 integration into Pan American Energy Group (50/50 BP/Bridas JV). Formerly Esso Petrolera Argentina assets acquired in 2012.
Creates Argentina's largest privately owned integrated oil & gas company by combining upstream and downstream assets in a cash-free 50:50 tie-up; completion expected early 2018.