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Europe Daily Bulletin No. 8166

8 March 2002
Contents Publication in full By article 26 / 35
GENERAL NEWS / (eu) eu/competition
Conoco/Phillips Petroleum merger is cleared

Brussels, 07/03/2002 (Agence Europe) - The European Commission has authorised the merger between the two American companies, Conoco and Phillips Petroleum, a project that had been notified to it on 5 February. The companies are present in the oil and gas sector and their activities are complementary in several respects. Conoco is mainly active in oil refining while Phillips is active in petrochemicals. The Commission noted that the oil and gas sector is characterised by the presence of three...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION