TITLE

News & Analysis: News Briefs

PUB. DATE
December 2004
SOURCE
Convenience Store News;12/13/2004, Vol. 40 Issue 15, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article informs that the European Commission gave clearance to U.S. oil giant ConocoPhillips's$ 370 million purchase of a 30 percent stake in Russia's Lukoil Holdings oil exploration and production company Naryanmarneftegaz, saying the deal did not violate EU competition rules. The joint venture would involve the shipment of crude oil to the United States, where it would be processed at one of ConocoPhillips's refineries and then sold at Lukoil's gas stations. Tesoro Petroleum Corp., an independent refiner and marketer of petroleum products, has changed its name to Tesoro Corp.
ACCESSION #
15357828

 

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