Exxon, Conoco Nix Deals With Venezeula
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CARACAS, Venezuela -- Venezuela's state oil company said Exxon Mobil Corp. and ConocoPhillips had refused to sign deals Tuesday that would allow them keep pumping oil under tougher terms in the South American country.
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US oil giant ConocoPhillips has announced a $US2.4billion ($3.3billion) strategic alliance with Russia&#39;s largest oil company, Lukoil, under which Conoco will buy a 7.6per cent stake in the Russian company and get a share of joint projects.
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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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: ConocoPhillips said on Wednesday it was seeking 20 per cent in Russiaâs 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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Venezuela's oil operations and cash  flows have not been affected by court orders won by Exxon Mobil  Corp  to freeze up assets as the U.S. giant fights for  compensation for a project nationalized last year, the nation's  energy minister said on Friday.
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ConocoPhillips, the third-largest US oil company by sales, is set to pay at least $1.9 billion for the Russian government&#39;s remaining stake in OAO Lukoil, the nation&#39;s largest oil producer.
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MOSCOW - U.S. oil giant ConocoPhillips on Wednesday paid nearly $2 billion for a 7.6 percent stake in Russia's Lukoil - the world's No...
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The Netherlands, Europe&#39;s No. 3 natural- gas producer, will pay Exxon Mobil Corp. and Royal/Dutch Shell Group 2.78 billion euros ($3.
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Crude futures prices seesawed Wednesday morning after the government and industry gave conflicting views on the nation&#39;s inventory of distillate fuel, which includes heating oil.
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Shares of Exxon Mobil Corp. XOM.N  are overvalued, and investors may be better off buying  companies that collectively resemble the world's largest  publicly traded oil company, according to a firm of energy  stock analysts, the Wall Street Journal said on Tuesday.
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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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State-run Qatar Petroleum and US energy giant ExxonMobil Corp. announced they had shelved plans for a vast, multi-billion-dollar gas project in Qatar.
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Alcan Inc.   has rebuffed requests by Alcoa Inc.  for a meeting to discuss Alcoa's hostile $28.6 billion offer for the Canadian aluminum producer, a regulatory filing showed on Tuesday.
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US oil major ConocoPhillips is seeking to buy up to 25 percent 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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Venezuela accused Exxon Mobil of legal  "terrorism" on Friday after the giant oil company won court  orders freezing $12 billion of the major crude supplier's  assets in a dispute at the heart of a worldwide fight for  control of natural resources.
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Indonesia and Exxon Mobil Corp.  have halted negotiations on the disputed Natuna D-Alpha gas block, which is now controlled by the U.S. company, an official at energy watchdog BPMIGAS told Reuters on Tuesday.
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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.