EU ROUND UP
February 1st, 2003
BY KEITH NUTHALLTHE EUROPEAN Commission has approved the proposed acquisition of Norwegian oil and gas company Fortum Petroleum by Italy's energy company ENI, saying it would not damage the current competitive situation in the gas markets in Italy or in southern Germany, where ENI is present through GVS. Fortum Petroleum is currently wholly owned by Fortum Oyj, of Finland.Other recent petroleum industry EU news includes:*The European Investment Bank is planning to provide Italy's EniPower with a Euro 400 million loan to help design, construct and operate five ...
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