August 11, 1998 (June 20) Tiger years, the United States, Britain, two oil giants merged. the l1

1998, BP announced that Amoco merged with the U.S. oil giant to establish a total capital of $ 110 billion, by far the largest consolidated action for the world's manufacturing industry, in recent years The emergence of corporate mergers climax again. Amoco
New Britain with the U.S. oil company Exxon and Royal Dutch Shell oil company with among the ranks of the Big Three of the world's oil trading business carried out within the framework of the global oil, gas and chemical products. The company's goal is to increase annual pre-tax profit of $ 2 billion before the end of 2000. "The opportunity to belong to the scale and financial advantage, able to undertake large projects and thus able to obtain huge profits of the company."