VOL. XLII
No 43
25-October-1999
UAE
Abu Dhabis IPIC Acquires 50% Controlling Interest inKoreas Hyundai Oil
The Abu Dhabi Governments downstream oil investment arm,International Petroleum Investment Company (IPIC), announced on 20 October thatit had reached agreement with South Koreas Hyundai Group to acquire a 50%controlling interest in the latters Korean oil refining and marketingsubsidiary Hyundai Oil Refinery Company (HDO), with Hyundai affiliatesretaining the other 50%. The 50% acquisition...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!