Conoco forges alliance with Lukoil
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MOSCOW ConocoPhillips won 7.59 percent of the Russian oil giant Lukoil for $1.988 billion on Wednesday in a largely symbolic auction that still ranks as the Russian government&#39;s most lucrative post-Soviet privatization.
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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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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 : 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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Royal Dutch Shell (RDSa.L) and its  partners in the $22 billion Sakhalin-2 project have accepted  cash and a promise of future cooperation with Gazprom   in a deal to let the Russian firm into the venture, a source  close to talks between the companies said on Tuesday.
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London-listed energy group JKX Oil and Gas has said that its Ukrainian unit had signed a deal to supply gas to Anglo-Dutch giant Royal Dutch Shell.
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American oil giant ConocoPhillips has acquired the Russian government&#39;s 7.59 percent stake in Lukoil, one of Russia&#39;s largest crude producers, for $1.
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Saudi Aramco and U.S. oil firm  ConocoPhillips are expected to sign a deal on Wednesday for a  second new refinery in the Gulf state, industry sources said on  Tuesday.
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The government on Thursday set the date and starting price of an auction for its remaining stake in LUKoil and officially confirmed that US oil major ConocoPhillips will participate.
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US oil major ConocoPhillips is seeking to buy up to 25 percent in oil giant LUKoil to add billions of barrels of reserves to its books, an industry source familiar with the matter said Friday.
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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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Houston-based oil company ConocoPhillips and Russia&#39;s largest oil producer, Lukoil, jointly announced Wednesday in Moscow that ConocoPhillips will become a strategic equity investor in Lukoil.
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US oil major pays nearly $2B for 7.6% of Russian firm, partnership eyes projects in Russia, Iraq. MOSCOW  - US oil major ConocoPhillips and Russia&#39;s Lukoil announced Wednesday they would form a strategic
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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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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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GAZPROM asserted its status as a major force in Russian oil yesterday by confirming that it would bid for Yuganskneftegaz, the Yukos oil subsidiary.
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ConocoPhillips has increased its stake in Lukoil to 10 percent, an official in the Russian company said Wednesday, positioning the US oil giant to claim a seat on the board of the world&#39;s No.