Minerva Bunkering acquired CEPSA Panama S.A from Compañía Española de Petróleos, S.A.U. on December 17, 2019. CEPSA Panama's name will be changed to align with Minerva's ownership and it will join Minerva's global physical network spanning 30 ports.

Minerva Bunkering completed the acquisition of CEPSA Panama S.A from Compañía Española de Petróleos, S.A.U. on December 17, 2019.