Ineos in Talks to Buy Conoco UK Assets

摘要

ConocoPhillips is in exclusive talks with chemicals giant Ineos over the potential sale of most of its oil and gas assets in the UK North Sea, both companies have confirmed. 'I can confirm that ConocoPhillips is in exclusive negotiations with Ineos for our UK assets, excluding the Teesside Oil Terminal and our London Commercial Trading organization,' a spokeswoman for the US independent said.