Conoco nears major deal with Lukoil

Article Abstract:

In an effort to gain a greater share of the world market, U.S. oil company ConocoPhillips is in the process of closing a deal with major Russian petroleum player OAO Lukoil. The deal, which would increase investor confidence in Russia's petroleum industry, has received approval from Russian President Vladimir Putin.

United States, Strategy & planning, Government expenditures, Foreign operations, Joint ventures, Financial management, Securities issued, listed, Company investment, Investments, Energy policy, Economic policy, Securities, Company securities, Company joint venture, OAO Lukoil, LUKOY, Aims and objectives, ConocoPhillips

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Russia's oil giants are gaining clout

Article Abstract:

Major oil companies in Russia are increasing their political influence in the country as a result of high oil prices. The oil companies' influence represents a challenge to President Vladimir Putin's attempt to limit business influences in politics.

Natural gas, Petroleum, Gas industry, Powers and duties

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Putin tempers threat to Yukos: president tells authorities not to let investigations imperil oil firm's survival

Article Abstract:

President Vladimir Putin has insisted that charges against Yukos Oil Co. employees and shareholders be investigated thoroughly after Russian authorities stated they might revoke the firm's oil-production licenses.

Legal issues & crime, Company legal issue, Investigations, Securities fraud, Tax evasion, OAO NK Yukos, Domestic policy

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