ConocoPhillips wins LUKoil auction
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US oil major ConocoPhillips bought a 7.6 per cent government stake in Russia&#39;s second-largest producer LUKoil for nearly $US2 billion on Wednesday in the nation&#39;s largest post-Soviet privatisation deal.
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US oil giant ConocoPhillips yesterday paid nearly $2 billion for a 7.6 percent stake in Russia&#39;s Lukoil -- the world&#39;s number two oil company by reserves -- in Russia&#39;s biggest privatization.
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US oil company ConocoPhillips announced on Thursday, September 30, a tender for the purchase of 20.418 million shares of Russian oil major Lukoil , which amounts to 2.4 percent of the Russian companyâs charter capital.
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An oil company controlled by the Russian government, Rosneft, said yesterday that it had bought the company that had won Sunday&#39;s auction for the largest subsidiary of the oil giant Yukos.
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MOSCOWâConocoPhillips Co. has won an auction for a 7.6 per cent stake in Russia&#39;s OAO Lukoil Holdings and says it aims to raise that to 20 per cent in an alliance that would allow the two oil majors to tap vast reserves in northern Russia and Iraq.
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U.S. oil major ConocoPhillips launched a  $628 million two-day tender to boost its stake in new Russian  strategic partner LUKOIL to 10 percent, the U.S. firm said on  Thursday.
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U.S. oil major ConocoPhillips won an  auction for a 7.6 percent state stake in Russian oil giant  LUKOIL with a bid of $1.988 billion, the Russian property fund  said on Wednesday.
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MOSCOW : US oil major ConocoPhillips has boosted its stake in Russia&#39;s second-largest oil producer LUKoil to 10 percent, giving Conoco at least one representative on LUkoil&#39;s board.
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MOSCOW: Us oil major ConocoPhillips is seeking to buy up to 25% in Russian oil giant Lukoil to add billions of barrels of reserves to its books, an industry source familiar with the matter said on Friday.
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The government on Thursday set the date and starting price of an auction for its remaining stake in LUKoil and officially confirmed that US oil major ConocoPhillips will participate.
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An oil company controlled by the Russian government said that it had bought the company that had won Sunday's auction for the largest subsidiary of Yukos.
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ConocoPhillips COP.N, the No. 3 U.S.  oil company, on Wednesday reported a rise in quarterly profit,  boosted by soaring oil and gas prices.
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MOSCOW Oil giant ConocoPhillips of the US is paying nearly two (b) billion dollars for a seven percent stake in Russia&#39;s Lukoil.
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ConocoPhillips has increased its stake in Lukoil to 10 percent, an official in the Russian company said Wednesday, positioning the US oil giant to claim a seat on the board of the world&#39;s No.
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US oil major ConocoPhillips has boosted its stake in Russia's second-largest oil producer LUKoil to 10 percent, giving Conoco at least one representative on LUkoil's board.
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Gazprom and U.S. energy company ConocoPhillips Co. have signed a memorandum of understanding on the development of a large Barents Sea gas field, the Russian state-run gas giant said Wednesday.
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When a 7.6 percent stake in Lukoil - the world&#39;s No. 2 oil company by reserves - goes under the auction hammer Wednesday in Russia&#39;s biggest privatization, industry watchers aren&#39;t expecting any surprises.