Russian energy deal offers foreigners access to giant: Putin backs plan to boost state control of Gazprom, lift limits on ownership

Article Abstract:

Russian President Vladimir Putin is planning to merge the state oil company, OAO Rosneft into the government-controlled natural-gas giant OAO Gazprom. It will make Gazprom the largest oil and gas company in the world.

Natural gas liquids, Petroleum refining, Oil & Gas Extraction, Oil and Gas Extraction, OAO Gazprom, Petroleum and gas industry software

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Yukos merger could shake up market

Article Abstract:

The planned merger?between OAO Yukos and OAO Sibneft could lead to greater consolidation in the Russian oil sector. The merger will for the sixth-largest oil and gas producer in the world.

Strategy & planning, Planning, Company business planning, OAO Sibneft, OAO NK Yukos

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BP to buy stake in Russian venture

Article Abstract:

BP PLC is acquiring a new oil venture in Russia for approximately $6.75 billion (6.28 billion euros). The venture would become the third-biggest producer of oil in Russia.

Joint ventures, British Petroleum Company PLC, Natural resources, Company joint venture

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