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Image header Agence Europe
Europe Daily Bulletin No. 9372
Contents Publication in full By article 27 / 35
GENERAL NEWS / (eu) eu/competition

Commission clears proposed acquisition of six ConocoPhillips subsidiaries by Lukoil

Brussels, 22/02/2007 (Agence Europe) - On 21 February, the European Commission cleared, under the EU Merger Regulation, the proposed acquisition of six subsidiaries of ConocoPhillips, an integrated energy company based in the US, by the Russian oil and gas company Lukoil.

Lukoil is active in oil and gas exploration and the production and sale of petroleum products, including petrochemicals. ConocoPhillips is an international, integrated energy company. The six ConocoPhillips subsidiaries...

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