Life with sovereign wealth
Livemint, India -17 hours ago
BP was recently reported to have offered Russia’s Gazprom a stake in its Trinidad LNG facility, the source of 70% of America’s LNG imports.

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Happy New Oil and Gas Year! 2008 will change both Russia and the
Oil and Gas Industry Latest News, Russia -1 hour ago
It’s quite possible that finally the proprietor of the fields will be Gazprom and Rosneft. The preliminary list of strategic gas reserves made by the

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MOSCOW, December 29 (RIA Novosti) - Russia’s investment index will open Saturday at 941.86 points, down 0.88 % following Friday evening’s sessions on major world trading floors.

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Digest of headline news from December 26 to 11:00 p.m. Moscow time on December 27: BUSINESS & FINANCE *** RUSSIAN GDP GROWS 7.4% IN NOV, 7.7% IN 11 MTHS Russian GDP grew 7.4% year-on-year in November 2007 and 7.7% in January-November, the Russian Economic Development and Trade Ministry said in its latest economic review.

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It is futile to attempt to sell an idea or to prepare the ground for a product that is basically unsound,” wrote Edward Bernays, the father of public relations, in his 1928 book “Propaganda.”

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MILAN (Thomson Financial) - Enel SpA CEO Fulvio Conti said he expects Gazprom will buy 200 mln eur worth of minority stakes in several of the Italian company’s power plants as part of their cooperation deal.

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LONDON (Thomson Financial) - OAO LukOil and OAO Gazprom Neft have formed a joint venture company called OOO Oil and Gas Company “Regional Development” to focus on a range of oil and gas activities.

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RBC, 28.12.2007, Moscow 16:15:06. The Russian stock market has seen a rather difficult year with many corrections and negative trends, experts say. During the course of the year, the RTS and MICEX indices gained 18 percent and slightly over 12 percent, respectively.

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MOSCOW, December 28 (RIA Novosti) - Russia’s investment index will open Friday at 950.22 points, down 0.83% following Thursday evening’s sessions on major world trading floors.

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Dec. 25 (Bloomberg) — OAO Gazprom, Russia’s gas-export monopoly, bought 21 billion rubles ($850 million) of new shares in OAO OGK-6 to ensure it gains control of the power generator when national utility OAO Unified Energy System is broken up.

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