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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The US oil giant ConocoPhillips on Wednesday won an auction to purchase state-held stake of Russia&#39;s second largest oil producer Lukoil.
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Russian privatisation officials set a starting price of nearly $2bn for next month's auction of a stake in oil giant Lukoil.
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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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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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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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The government stake in OAO Lukoil, Russia&#39;s largest oil producer, will be sold for at least $1.93 billion next month in the biggest state asset sale in the country&#39;s history.
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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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MOSCOW : US oil major ConocoPhillips bought a 7.6-percent government stake in Russia&#39;s second-largest producer LUKoil for nearly two billion dollars in the nation&#39;s largest post-Soviet privatization deal.
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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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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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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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Moscow, 29 September: LUKoil and ConocoPhillips are to carry out joint work in Iraq, LUKoil vice-president Leonid Fedun told journalists today immediately after the sale at auction of the state package of shares in LUKoil.
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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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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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US oil company is looking to buy up to 25% stake in the Russian oil giant, source says. MOSCOW  - US oil major ConocoPhillips is seeking to buy up to 25 percent in Russian oil giant Lukoil, booking
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The Russian government is setting a starting price of &#36;1.9 billion for next month's auction of its 7.59 percent stake in the Lukoil oil company. If it gets that price, it would be the most expensive deal in the history of Russian privatization.