BP sells Siberia stake to Gazprom
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Oil firm BP sells its stake in a Siberian gas field development to Russian state-controlled firm Gazprom.
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The Canadian government will sell its 19 percent stake in oil producer and refiner Petro-Canada (PCA.TO: Quote, Profile, Research) in a public offering, the company said on Thursday.
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Enbridge Inc.(ENB.TO: Quote, Profile, Research) said on Wednesday it will buy Shell&#39;s natural gas pipeline in the Gulf of Mexico for $613 million, in a move that will make the Canadian company a major natural gas transporter in the area
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YUKOS has sold a 56 per cent stake in a Siberian natural gas company to the Anglo-Russian joint venture TNK-BP to pay off its crushing tax bill, Western oil sources and media reports said today.
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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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Russian gas monopoly Gazprom is to sell key oil subsidiary Gazpromneft in a move that may redraw the domestic petroleum industry.
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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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MOSCOW, June 22 -- The state-controlled energy giant Gazprom on Friday bought a vast natural gas field in Siberia from a unit of  British-based petroleum conglomerate BP, continuing the Kremlin's policy of shifting control of the country's major energy projects from foreign to state hands.
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MOSCOW  - U.S. oil giant ConocoPhillips Inc. agreed to pay nearly &#36;2 billion US Wednesday for the Russian government's remaining 7.6 per cent stake in Lukoil, the world's No. 2 oil company. The deal is expected to clear the way for joint ventures in Siberia and Iraq, while allaying broader concerns about the Kremlin's commitment to foreign investment.
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American oil company ConocoPhillips acquired the Russian government&#39;s 7.6% stake in Lukoil yesterday, after bidding almost $2bn (Â£1.
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Russia's state-controlled gas giant Gazprom approved a plan to bid for Yukos' core production unit Wednesday amid reports that the company was negotiating to secure a &#36;13 billion loan from a group of Western banks to support its offer.
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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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MOSCOW  - The Russian gas giant Gazprom said its board of directors had given its go-ahead for the state-controlled firm to bid for the main production unit of embattled oil group Yukos.
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OAO Gazprom, the world&#39;s largest natural gas producer, will bid for OAO Yukos Oil Co.&#39;s biggest oil unit next month and may buy other Russian producers in an effort to create an oil business as big as Exxon Mobil Corp.
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Enbridge Inc. (ENB) will buy Shell&#39;s Gulf of Mexico natural gas pipelines for $613 million in a move that will make it a major transporter in the huge gas-producing area, Canada&#39;s No.
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Mikhail Khodorkovsky has handed over his controlling stake in oil giant Yukos to a close business partner, a Russian newspaper reports.
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U.S. oil major ConocoPhillips won an  auction for a 7.6 percent state stake in Russian oil giant  LUKOIL with a bid of $1.988 billion, the Russian property fund  said on Wednesday.