Brokerage firms Starfuels and Excalibur part ways

27 March 2013 20:19  [Source: ICIS news]

HOUSTON (ICIS)--International energy brokerage firm Starfuels said on Wednesday it will end its partnership with European-based Excalibur Oil Brokerage on 1 April.

No reason for the separation was given, but a press release from the companies said that the end of the partnership was a mutual agreement between Starfuels owner Robert Ryneveld and Excalibur owner Kent Hurst.

Excalibur will continue to operate in the petrochemical market, and said it would provide additional information by 1 April.

Starfuels did not say whether it would continue to broker petrochemicals in another capacity.


By: Brian Balboa
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