ConocoPhillips takes 7.6% stake in Russia&#39;s Lukoil
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NEW YORK (CBS.MW) -- US stock futures are pointing to a mixed open Wednesday as the positive impact of a report showing stronger-than-expected second-quarter growth in the US economy was offset by concern oil could surge above $50 a barrel on inventory
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Russia's oil major Lukoil transferred Friday a majority stake in its Bulgaria-based refinery Neftochim to a Dutch filial in a step of a plan to consolidate its holdings in Europe.
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ConocoPhillips, the third biggest U.S. oil company, reportedly plans to exercise its right to double its stake in the Russian oil producer OAO Lukoil to 20 percent.
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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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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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ConocoPhillips said on Wednesday it was seeking 20 percent in Russia&#39;s LUKOIL in a far-reaching alliance opening the way for the two oil majors to tap vast reserves in northern Russia and Iraq.
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U.S. oil giant ConocoPhillips paid nearly $2 billion for a 7.6 percent stake in Russia's Lukoil -- the world's No. 2 oil company by reserves.
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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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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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DALLAS (CBS.MW) - ConocoPhillips&#39; deal to buy a stake in Russia&#39;s Lukoil has blockbuster potential for the US company because it opens up vast areas for exploration and development previously off-limits to Western firms, analysts said Wednesday.
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DALLAS (CBS.MW) -- ConocoPhillips said Wednesday it has signed an agreement with Russia&#39;s Gazprom to jointly study the development of the Shtokman gas field in the Barents Sea.
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Front-runner Conoco Phillips today won the auction for 7.6 per cent of Russian oil and gas group Lukoil, bidding some $2 billion, in a deal that also takes the US group into a joint venture to exploit the Timan-Pechora area of Russia.
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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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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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MOSCOW Gazprom, the leading Russian gas company, said Tuesday that it would buy one of the country&#39;s largest oil producers, a move that forms a state-controlled energy juggernaut and signals the first step toward ending a ban on foreign ownership of
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YUKOS has sold a 56 per cent stake in a Siberian natural gas company to the Anglo-Russian joint venture TNK-BP to pay off its crushing tax bill, Western oil sources and media reports said today.
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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.