Sibir deal tightens Russian oil grip (Guardian Unlimited)
April 25th, 2009
Gazprom, the state-controlled oil and gas company, outbids BP for stake in troubled London-listed firm The Russian state took a stronger grip on the country’s oil industry today when Gazprom outmuscled BP to buy a 16% stake in Sibir Energy. Shares in Sibir, which has fields in Siberia but is listed in London, were suspended in February at 174p after a controversy over property deals undertaken …
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Gazprom Sees $900M Dividend (The Moscow Times)
April 24th, 2009
24 April 2009 The Moscow Times Gazprom’s board of directors recommended that the gas monopoly pay out dividends of 30.3 billion rubles ($900 million), or 1.28 rubles per share, for 2008, Interfax on Thursday cited a source close to the company as saying.
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Gazprom buys 16 per cent stake in Sibir (Independent)
April 24th, 2009
The Russian energy giant Gazprom yesterday swooped to buy 16 per cent of Sibir Energy, for 70p a share more than TNK-BP, the Anglo-Russian group that is a minority shareholder in the company, was believed to be willing to pay.
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BP’s Russian venture TNKBP has failed in its bid to buy a significant minority stake in Aimlisted Sibir Energy.
Gazprom offer for Sibir stock leaves TNK-BP in limbo (The Herald)
April 24th, 2009
Gazprom Neft, the oil unit of Russia’s state-run gas exporter, yesterday offered to buy shares in London-listed Sibir Energy for 500p each, prompting TNK-BP to withdraw a smaller bid.
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Gazprom Neft Grabs 16% of Sibir Energy (The Moscow Times)
April 24th, 2009
24 April 2009 By Anatoly Medetsky / The Moscow Times Gazprom Neft bought a 16 percent stake in smaller oil producer Sibir Energy in a lightning offer that lasted just a few hours Thursday — a move seen as an opening for the company to take control of Sibir.
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April 23 (Bloomberg) — OAO Gazprom Neft , the oil arm of Russia’s state-run natural-gas exporter, plans to buy at least 16 percent of Sibir Energy Plc after making an offer that prompted TNK-BP to withdraw a lower bid.
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TNK-BP recalls offer on Sibir Energy purchase following Gazprom Neft’soffer (Interfax)
April 23rd, 2009
LONDON. April 23 (Interfax) – Credit Suisse Group AG has rescinded an offer on the purchase of stock in Sibir Energy for TNK-BP (RTS: TNBP) at a price of 430 pence per share, Credit Suisse said in a statement.
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Gazprom Neft Seeks a Minority Stake In Sibir (Fox News)
April 23rd, 2009
Gazprom Neft Seeks a Minority Stake In Sibir
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Cabinet allows State Treasury to compensate Naftohaz Ukrainy’s losses from sale of imported gas in advance (KYIV Post)
April 23rd, 2009
The Cabinet of Ministers has allowed the State Treasury to in advance compensate the losses of the Naftohaz Ukrainy national joint-stock company from sale of the imported gas to let the company timely purchase the fuel from the Russia’s gas monopoly, Gazprom.
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