Shell gets cash, cooperation in Sakh-2 deal: source
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Royal Dutch Shell  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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Russia's Gazprom closed in on half of Royal Dutch Shell's  $22 billion Sakhalin-2 energy project on Tuesday while Shell denied it had buckled under Kremlin pressure and warned Moscow the world was watching.
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In a deal paving the way for future joint ventures, U.S. oil giant ConocoPhillips on Wednesday won an auction with a bid of nearly &#36;2 billion for the Russian government's 7.6 percent stake in Russia's Lukoil &#151; the world's No. 2 oil company by reserves.
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AMSTERDAM - Anglo-Dutch energy giant Shell announced plans on Wednesday to invest USD 45 billion (EUR 37 billion) in oil and gas exploration in a bid to increase its reserves and restore investor confidence.
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Russia's Gazprom said on Tuesday it had   suspended assets swap talks with Royal Dutch/Shell RDSa.L   because of uncertainty over Shell's Sakhalin-2 oil and gas   project, dealing another blow to the $20 billion venture.
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The Royal Dutch/Shell Group of Cos., the parent company of Houston-based Shell Oil Co., plans to merge its two holding companies in a response to scandal over its downgrading of oil reserves, according to an Associated Press report on Thursday.
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By Daily Mail, London  Sep. 6--Russia's environmental watchdog has opened up a new front in its  attack on Shell's huge Sakhalin-2 oil and gas project.
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MOSCOW - US oil giant ConocoPhillips Inc. agreed to pay nearly $2 billion Wednesday for the Russian government&#39;s remaining 7.6 percent stake in Lukoil, the world&#39;s No.
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British energy group BP said on Friday that it had agreed to sell its stakes in a Siberian gas field and company to Russian gas giant Gazprom for up to 900 million dollars (669 million euros).
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LONDON Royal Dutch/Shell Group agreed Tuesday to settlements with US and British regulators that will cost the oil company $150.7 million.
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Energy giant Shell is to sell its stake in the pipeline unit of Dutch gas firm Gasunie to the Dutch government. Both Shell and ExxonMobil are selling their stakes, with the Dutch government paying 2.78bn euros ($3.
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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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Shell's boss is to fly to Moscow for talks with Russia's energy minister over the $22bn Sakhalin-2 oil and gas project.
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Tanjong Plc (TJPL.KL: Quote, Profile, Research) , Malaysia&#39;s second-biggest power producer, is seeking a partner to bid for the multi-billion dollar power assets of InterGen, controlled by Royal Dutch/Shell, sources familiar
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LONDON : Royal Dutch/Shell and Esso Nederlands, a division of ExxonMobil, announced the sale of transport activities in gas joint venture Gasunie to the Dutch government for 2.78 billion euros (3.
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A consortium led by Royal Dutch/Shell Group that is developing gas reserves off Russia&#39;s Sakhalin Island said Thursday it has struck a US$6 billion (euro4.
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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.