Lukoil Begins Effort to Build Ties Globally
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Fresh from a new alliance with ConocoPhillips, Lukoil is trying to transform itself from a Russian oil company to an international oil giant.
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International mediators are heading for Ukraine in a fresh attempt to break the deadlock brought about by the disputed presidential elections.
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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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International mediators will step up  efforts on Wednesday to resolve Ukraine's 10-day-old crisis  over a disputed presidential election after the collapse of  talks between pro-Western and pro-Russian factions.
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TNK-BP, which represents the biggest foreign investment in Russia, is fast emerging as the country&#39;s largest oil producer. Its rise to prominence comes amid increasing state involvement
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Libya moves ahead with plans to modernise its oil industry and invites representatives from global companies to Tripoli for talks.
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MOSCOW  - U.S. oil giant ConocoPhillips Inc. agreed to pay nearly &#36;2 billion US Wednesday for the Russian government's remaining 7.6 per cent stake in Lukoil, the world's No. 2 oil company. The deal is expected to clear the way for joint ventures in Siberia and Iraq, while allaying broader concerns about the Kremlin's commitment to foreign investment.
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ConocoPhillips said on Wednesday it was  seeking 20 percent of Russia's LUKOIL in a far-reaching  alliance which opens the way for the oil majors to tap vast  reserves in northern Russia and Iraq.
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1 December 2004 -- Foreign mediators are launching fresh efforts today to resolve the Ukrainian political crisis sparked by a contested presidential election.
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Russia's first shipment of nuclear fuel for Iran's Bushehr nuclear power plant will strengthen strategic ties between Tehran and Moscow, a top nuclear official said Wednesday.
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President Robert Kocharian and his visiting Bulgarian counterpart, Georgi Parvanov, pledged on Tuesday to step up cooperation between their nations 'in all spheres,' singling out bilateral trade that has grown ...
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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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Russian gas firm Gazprom is aiming to grab a greater share of the UK market.
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Officials call on international community to open crossing points for trade.
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ConocoPhillipsâs nearly $2 billion strategic investment in Russia may have been marked by an American flag flying over the headquarters of Lukoil, the countryâs second largest oil producer.
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Bidding begins in an auction for a 7.6% government-held stake in Russian oil giant Lukoil.
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Russia is trouncing the West in the race to gain access to the enormous oil and gas reserves of its neighbors.