Gazprom grows French business
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Russia's Gazprom will supply gas directly to French homes for the first time as part of a deal with Gaz de France.
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Board chairman of the Russian natural gas monopoly Gazprom , Alexei Miller, has signed an order to found the Gazpromneft company, the RIA-Novosti news agency reports.
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French President Jacques Chirac welcomes  his Russian counterpart Vladimir Putin on Friday at a time when  Russia is showing growing willingness to use booming oil and  gas revenues to boost its global economic clout.
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The European market is hot, so the solar technology company plans to expand there.
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MOSCOW : A deal between French energy group Total and Russian gas firm Novatek shows that oil majors have an appetite for Russia&#39;s energy riches despite the Yukos affair, but also the limited role now possible for foreigners in this strategic sector
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Gazprom came a step closer to the liquefied natural gas market on Friday, saying Petro-Canada would help in its goal to build plants in Russia and the United States.
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Moscow - Russia plans to combine Gazprom, the world&#39;s biggest natural gas producer, with state-owned oil producer Rosneft, easing rules for trading Gazprom shares and creating a company that may dominate the country&#39;s energy industry.
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Russian natural gas monopoly OAO Gazprom said it has chosen France's Total SA as a partner to develop the giant Shtokman gas field in the Barents Sea.
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French oil company Total said on Wednesday it was taking a 25 percent stake in Russia&#39;s biggest independent gas producer, Novatek, in a deal that industry sources said was worth about $1 billion.
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France is brokering an 80 billion euro ($108 billion) merger of Gaz de France, the state-owned natural gas company, with the energy business of the private utility Suez.
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The French oil giant said fourth-quarter profit rose 62% to 3.6 billion euros ($5.23 billion) as oil prices rose and and new projects in Angola and Qatar raised production.
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The company is opening a technology center in France to showcase how mainframes can be used for back-office tasks such as account reconciliation and funds tracking.
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Russian gas firm Gazprom is aiming to grab a greater share of the UK market.
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Electricite de France said it raised 2.57 billion euros (&#36;3.17 billion) from the sale of its 2.3 percent stake in French oil company Total SA on Wednesday.
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French electricity group EDF said it had awarded construction contracts of more than 650 million euros (830 million dollars) for work on a new nuclear power plant in northern France.
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Gazprom has spun a web of control over energy supplies extending from Estonia on the Baltic Sea to Bulgaria on the Black Sea.
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MOSCOW, June 22 -- The state-controlled energy giant Gazprom on Friday bought a vast natural gas field in Siberia from a unit of  British-based petroleum conglomerate BP, continuing the Kremlin's policy of shifting control of the country's major energy projects from foreign to state hands.