Energy companies launch global procurement exchangeFourteen members with annual spending of $125 billion form electronic marketplace which will be open to other buyers, sellers Petroleum News Alaska
Fourteen leading energy and petrochemical companies with combined annual spending of $125 billion are launching an independent electronic industry procurement exchange. The companies said April 11 that discussions are under way with additional participants, including the supplier community.
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BP, Phillips, Unocal in founding group Improved capital efficiency goal Independent company to own, operate exchange
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