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Europe Daily Bulletin No. 8823

9 November 2004
Contents Publication in full By article 20 / 46
GENERAL NEWS / (eu) eu/competition/energy

08/11/2004 (Agence Europe) - On Monday the European Commission cleared a deal whereby US oil company Conoco Philips and Russian oil company OAO Lukoil will have joint control over Naryanmarneftegaz (NMN), a Russian company active in the exploration and production of oil. NMN is presently an indirect subsidiary of Lukoil. The deal, notified on 29 September 2004, was examined under a simplified procedure. (See Official Journal C247 6 October 2004 p 9).

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