EXXON SHELL
November 1st, 2003
BY KEITH NUTHALLNATURAL gas giants ExxonMobil and Shell are to end cooperation over marketing supplies to customers in (largely north-western) Germany, removing this business from their 50/50 joint-venture BEB Erdgas und Erdöl GmbH (BEB). Instead, the two companies will split its custom between them and start competing through their respective subsidiaries: ExxonMobil Gas Marketing Deutschland GmbH and Shell Erdgasbeteiligungsgesellschaft mbH. BEB will continue to handle the multi-national's production, purchase, transport and storage of natural gas in parts of ...
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