Russian regulator says Gazprom, Suek must sell assets to win merger approval (Sharewatch)
February 27th, 2008
MOSCOW (Thomson Financial) – Federal Antimonopoly Service (FAS) head Igor Artemyev told journalists that OAO Gazprom and the Siberian Coal and Energy Company (SUEK) will have to sell some of their assets in order to gain regulatory approval to merge their power and coal assets, Interfax reported.
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Gazprom Moves Into Coal as a Way to Increase Gas Exports (NYTimes.com via Yahoo! Finance)
February 27th, 2008
The world’s largest natural gas producer acquired control of a major Russian coal company in a merger that extends its sprawling domestic business empire into electricity.
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StatoilHydro Advances on Higher Output, Dividend Plan (Update2) – Bloomberg
February 27th, 2008
Earthtimes
Bloomberg -
The company aims to capitalize on its expertise in deepwater and Arctic environments after being picked in October to help Russia's OAO Gazprom develop …
Merger costs weigh on StatoilHydro
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Capitalization of Russian stock market increases 0.20% on Wednesday – Interfax Russia
February 27th, 2008
Interfax Russia, Russia -
The leaders in market value were Gazprom (RTS: GAZP), with $309.176 billion, Rosneft (RTS: ROSN), with $87.965 billion, and Sberbank RF (RTS: SBER), …
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BP chief reassures City on oil production – Telegraph.co.uk
February 27th, 2008
Telegraph.co.uk
Telegraph.co.uk, United Kingdom -
BP's joint venture in Russia, TNK-BP, is restructuring some operations under a deal with Gazprom. TNK-BP chief executive Robert Dudley, …
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StatoilHydro Advances on Higher Output, Dividend Plan (Update1) – Bloomberg
February 27th, 2008
Earthtimes
Bloomberg -
The company aims to capitalize on its expertise in deepwater and Arctic environments after being picked in October to help Russia's OAO Gazprom develop …
Merger costs weigh on StatoilHydro
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Oil prices close at new high above $100 – BusinessWeek
February 27th, 2008
BusinessWeek -
Earlier, Gazprom, Russia's natural gas monopoly, again threatened to cut supplies to neighboring Ukraine, according to Russian news agency reports. …
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Russian passion for stocks and shares (BBC News)
February 26th, 2008
Russia’s Micex stock exchange is booming, and despite fears of government interference in business, foreign investors are moving in to take a slice of the action.
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Gazprom, the State-Controlled Natural Gas Monopoly – Daily Reckoning – Australian Edition
February 26th, 2008
Monsters and Critics.com
Daily Reckoning – Australian Edition, Australia -
The currency is strong, the stock market is soaring, and Putin wants to keep the boom going. The Financial Times reports that the Russian government is …
State within a state
Russia's energy giant flexes its muscles
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Oil Prices Close At New High Above $100 (CBS News)
February 26th, 2008
Oil futures surged to close at a new record Tuesday as traders focused on supply concerns and a bullish stock market rather than renewed signs of a shaky U.S. economy.
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