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Europe Daily Bulletin No. 10803

12 March 2013
Contents Publication in full By article 33 / 38
ECONOMY - FINANCE - ENTERPRISES / (ae) competition
Rosneft buys up TNK and becomes world's biggest oil company

Brussels, 11/03/2013 (Agence Europe) - On 8 March 2013, after a careful investigation, the European Commission gave the go-ahead to the acquisition by Russian oil and gas giant Rosneft of sole control over TNK-BP, Russia's third-largest oil company, TNK-BP is currently owned 50% by BP plc, 25% by Alfa Petroleum Holdings Limited (of Russia) and 25% by OGIP Ventures, Ltd (of Russia). The merger, announced in October and notified to the Commission on 1 February, creates the world's biggest oil...

Contents

A LOOK BEHIND THE NEWS
INSTITUTIONAL
SECTORAL POLICIES
EXTERNAL ACTION
ECONOMY - FINANCE - ENTERPRISES
BUSINESS NEWS NO 53
WEEKLY SUPPLEMENT