ConocoPhillips pays $2bn for Lukoil stake
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American oil company ConocoPhillips acquired the Russian government&#39;s 7.6% stake in Lukoil yesterday, after bidding almost $2bn (Â£1.
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U.S oil major ConocoPhillips is seeking  to buy up to 25 percent 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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Independent oil and gas producer Anadarko Petroleum Corp.  said on Monday it will sell part of its stake in the K2 Unit offshore field in the Gulf of Mexico for $1.2 billion to two unnamed parties.
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ConocoPhillips, the third-largest US oil company by sales, is set to pay at least $1.9 billion for the Russian government&#39;s remaining stake in OAO Lukoil, the nation&#39;s largest oil producer.
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NEW YORK, October 1 (Itar-Tass) - The Russian government and the US administration have approved the making of a strategic alliance by the Russian and American oil and gas companies, LUKOIL and ConocoPhillips, LUKOILâs president Vagit Alekperov said.
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MOSCOW The Russian government said Thursday it would auction its 7.59 percent stake in Lukoil next month with an opening price of $1.
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ConocoPhillips will buy 7.6 percent of OAO Lukoil from Russia for $1.99 billion and may raise that stake, expanding its access to the world&#39;s largest oil- and gas- producing country as energy prices surge.
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Russian oil giant Lukoil Holdings is planning a $1 billion joint investment with Venezuela's state-run oil company, a top Lukoil official said Thursday.
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ConocoPhillips said on Wednesday it was  seeking 20 percent of Russia's LUKOIL in a far-reaching  alliance that opens the way for the oil majors to tap vast  reserves in northern Russia and Iraq.
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When the Russian government's 7.6 percent stake in Lukoil &#151; the world's No. 2 oil company by reserves &#151; is auctioned Wednesday in the nation's biggest privatization, industry watchers aren't expecting any surprises.
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The Russian government said Thursday that it would hold an auction Sept. 29 to sell its 7.59 percent stake in Lukoil, the giant oil company, at a starting price of $1.
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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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EU antitrust regulators gave their approval on Wednesday to Russian energy group Lukoil's plans to buy the filling stations of US oil giant ConocoPhillips in seven European countries.
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MOSCOW Sept. 29, 2004 - In a deal paving the way for future joint ventures, US oil giant ConocoPhillips on Wednesday won an auction with a bid of nearly $2 billion for the Russian government&#39;s 7.6 percent stake in Russia&#39;s Lukoil the world&#39;s No.
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ConocoPhillips won a $2 billion stake in Russia's Lukoil and said it aimed to raise that to 20 percent in a sweeping alliance that allows the two oil majors to tap vast reserves in northern Russia and Iraq.
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US oil giant ConocoPhillips has announced a $US2.4billion ($3.3billion) strategic alliance with Russia&#39;s largest oil company, Lukoil, under which Conoco will buy a 7.6per cent stake in the Russian company and get a share of joint projects.
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Vagit Alekperov, president of Lukoil, gained a new American partner Wednesday, in a deal with ConocoPhilips that was sealed by the Kremlin.