September 17th, 2000 - 02:00 GMT Focus: Are Chevron and Phillips to merger by December ? Renewed rumors going around through the American oil industry that Chevron, the second largest U.S. oil firm, is to merge with Phillips Petroleum Co. Read more
July 10th, 2000 - 02:00 GMT Saudi launches third privately-owned petrochemical plant The $11 bln plant will be fully operational by the end of 2003,
