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Europe Daily Bulletin No. 8591
Contents Publication in full By article 28 / 45
GENERAL NEWS / (eu) eu/competition

ExxonMobil and Shell may share activities of their subsidiary BEB

Brussels, 24/11/2003 (Agence Europe) - The European Commission has authorised the groups ExxonMobil and Royal Dutch/Shell to share the gas marketing business currently operated by their joint undertaking, BEB Erdgas und Erdöl GmbH, that they hold equally. ExxonMobil and Royal Dutch/Shell will then delegate these activities to their respective subsidiaries, ExxonMobil Gas Marketing Deutschland and Shell Erdgasbeteiligungsgesellschaft. After this move, both groups will compete for gas customers independently in Germany. The Commission considers the transaction will not affect competition. It has above all examined the impact that it would have on the markets for exploration, production and development as well as transport and storage of natural gas, and remarked that it would not affect the current situation.

Contents

A LOOK BEHIND THE NEWS
: A few lessons to be learnt from the row over the Stability Pact
THE DAY IN POLITICS
(EU) EU/IGC: Mr Berlusconi apparently suggests postponing "double majority" in Council, of two-thirds of population, to 2011 or 2012
(EU) EU/ANTISEMITISM: Monitoring Centre in Vienna to publish full report during first quarter of 2004 - Mr Sharon believes Europe should do more
(EU) EU/GEORGIA:
(EU) EU/TURKEY/TERRORISM:
(EU) EU/DEFENCE:
(EU) EP/DEFENCE: European Parliament suggests ways of strengthening EU's military capacity - Towards codecision for industrial policy
(EU) EP/SRI LANKA: EP hopes President and Prime Minister will rise about current crisis and cooperate in the interests of peace
(EU) EP/INDONESIA: Parliament urges EU to help Indonesia resume talks with Movement for liberation of Achen (GAM)
(EU) EP/VIETNAM: Parliament delegation to assess respect of freedom of religion
(EU) EU/EUROPEAN REFORMIST LEFT: First colloquium on Wednesday attended by Pascal Lamy and Enrique Baron Crespo
(EU) EP/CFSP/IGC:
GENERAL NEWS
(EU) EU/EUROGROUP: Compromise sought over France and Germany's budgets
(EU) EU/ECOFIN: Council to look at France and Germany's deficits, VAT and the Growth Initiative
(EU) EP/STABILITY PACT: Differences of opinion on approach to be taken to Berlin
(EU) EU/BUDGET 2004: Disagreement between two branches of budgetary authority on how to fund aid to IRAQ
(EU) EU/CENTRAL EUROPE:
(EU) ACP: Negotiations at WTO relaunched, trade questions, revision of Cotonou agreement at centre of ACP ministerial meetings
(EU) EU/TRANSPORT: Conciliation committee on ecopoints for Tuesday
(EU) EU/WTO/KOREA: Seoul asks for arbitrage on European and American measures on Drams
(EU) EU/PIRACY: More and more "core consumption" goods pirated
(EU) EU/FINANCIAL SERVICES:
(EU) EU/UNITED STATES: Grant Aldonas hopes FSC problems will be settled by March 2004, denies a compromise has been reached over steel and underplays importance of 15 December WTO Summit
(EU) EU/UNITED STATES: Agreement on container security is initialled
(EU) EU/ASYLUM: HCR gives severe warning against draft directive on asylum procedures, to be on agenda of Thursday's Council
(EU) EU/TAXATION: Commission proposes pilot projects for triggering harmonisation of corporate taxation
(EU) EU/FINANCIAL SERVICES: Adoption of communication on creation of a "single area" for payment by credit card is suspended
(EU) EU/COMPETITION: ExxonMobil and Shell may share activities of their subsidiary BEB
(EU) EU/NUCLEAR: Spain announces it is ready to double its financial contribution to Iter if Vandellos site is chosen by Fifteen
(EU) EU/COMPANY LAW: Commission announces recommendations on managing directors' salaries and supervisory boards, and publishes results of consultations on "company law"
(EU) EU/COURT OF JUSTICE: French free animal carcass collection system for farmers, abattoirs and small retailers to be seen as State aid
(EU) EU/URBAN SEMINAR:
(EU) EU/TRANS-EUROPEAN NETWORKS:
(EU) EU/LOCAL AUTHORITIES:
(EU) EP/SOUTH-EAST EUROPE: Parliament recommends EU aid for South-East European countries be linked with progress in fighting corruption and organised crime and tribunal in The Hague
(EU) EP/KOSOVO:
(EU) EP/GREENS/RADICALS:
(EU) EP/CITIZENSHIP: Parliament calls for aid to Info Points to be continued
(EU) EP/AGRICULTURE: Parliament advocates greater flexibility for new system contemplated for identification of sheep and goats
(EU) EP/AGRICULTURE:
(EU) EU/TOURISM: Commission urges Member States to make joint efforts to increase sustainability
(EU) EU/INDUSTRY: Commission hosts conference on environmental performance of EU industry
(EU) EU/INDUSTRIAL restructuring: UEAPME wants local authorities to provide greater support to SMEs
WEEKLY SUPPLEMENT
European Library: No. 575
€ VALUE IN DIFFERENT CURRENCIES ON 24/11/2003: