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TotalFinaElf pulls out of race for IBP

Vol 5, PW 24 (30 Jan 02) Midstream, Downstream, Renewables
 

SERIOUS BIDDERS in the race for IBP Petroleum can heave a sigh of relief. PETROWATCH learns TotalFinaElf has pulled out and does not even plan to put in a financial bid for the 33.59% stake and management control. ...

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  • ONGC banned from HPCL sale (29 Jan 03)

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