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WHO OWNS WHOM?

8th November 2001
Page 29
Page 29, 8th November 2001 — WHO OWNS WHOM?
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Which of the following most accurately describes the problem?

• Last year there was another round of mergers among the fuel and oils companies. Most of the cost benefits are expected to come from pooling refining and manufacturing plants; brand names are being retained.

Exxon and Mobil merged in January 2000, splitting up the BP/ Mobil European lubricants joint venture. BP first merged with Amoco then, in July 2001, acquired Burmah Castro!.

Texaco is now part of Chevron, while Total, Fina and Elf now form a single company.

CONTACTS

BP Amoco: 01908 853442. BP Castro!: 01793 512712. Exxon Mobil: 0800 800011. Exxon Esso: 01235 835852. Fuchs: 01782 203747. Millers Oils: 01484 713201. Shell: 0500 011011. Texaco: 01782 203122.

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