OVL consortium bids for oil field in Iraq
Economic Times
Shares of ONGC on BSE lost marginal Re 1 to close at Rs 1067 over the previous days close. The stock has gained 4% in the last one month, but lost 9% in the

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Washington Post
There's a Shell in Russia's Bed Again
Motley Fool
Because in late 2006, Shell was forced to relinquish its majority stake in Sakhalin-2 to Russia's natural gas giant Gazprom for what amounted to a pittance
Shell Faces Even More RevampingNew York Times
Putin calls in Shell for huge gas dealThis is Money

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Polymetal to Sell Bonds
St.Petersburg Times.ru
Gazprom has declined 19 percent since June 1. Call options grant investors the right to buy an underlying stock or security at a fixed price before a given
Polymetal Plans New BondThe Moscow Times

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Gazprom's oil arm raises its stake in Sibir Energy
France24
on the London Stock Exchange's Alternative Investment Market. By News Wires (text) AFP – The oil subsidiary of the world's biggest gas company Gazprom

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Russian leader finishes tour of Africa
Business Day
Meanwhile, Gazprom, Russia's gas export monopoly, said on Friday that its banking unit had struck a 1bn deal with Namibian energy company Namcor to build a

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Washington Post
Shell Faces Even More Revamping
New York Times
Shell eventually lost control of the Sakhalin 2 project after the Russian government strong-armed the company to let Gazprom take over.
Russian Prime Minister Vladimir Putin chaired a meeting on ISRIA
Putin calls in Shell for huge gas dealThis is Money

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The Moscow Times
Telenor's Worst Nightmare
The Moscow Times
Telenor refused to put up the money and saw its stock in VimpelCom frozen by the court. An appeal scheduled for June 10 was delayed until Sept.

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Washington Post
Putin calls in Shell for huge gas deal
This is Money
In 2006, Financial Mail revealed that Shell was forced to cede control of the vast Sakhalin-2 project to Russia's Gazprom under intense government pressure.
Russian Prime Minister Vladimir Putin chaired a meeting on ISRIA

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MOSNEWS
Oil, diamonds on Russian leader's agenda in Angola
Forbes
Russia's diamond monopoly Alrosa owns stock in major Angolan diamond fields. Russia also has invested in a hydroelectric dam project in Angola.
Total may invite Gazprom to join Africa projectsInternational Business Times

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The Moscow Times
Gazprom Puts a Positive Spin on First-Half Results
New York Times
a year when the company's stock price and earnings declined sharply. While demand is increasing now, the global recession has not been easy on Gazprom.
Naftogaz to have lack of US $110-120 mnMIGnews.com.ua
Tymoshenko: Naftohaz Meeting Target On Gas Pumping Into The FINANCIAL
Gazprom hopes no new Ukraine gas crisisGeorgiandaily

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