Russia to form energy giant open to West but led by Kremlin

Article Abstract:

A merging of Russia's state oil company with OAO Gazprom, the country's Kremlin-controlled natural gas giant, will lead to the lifting of restrictions on foreign investment in Gazprom and will thus create the largest oil and gas company in the world that is open to foreign investment . President Vladimir Putin's approval of the deal is consistent with his effort to attract foreign investors to Russia.

Comment:

A merging of Russia's state oil company with OAO Gazprom, the country's Kremlin-controlled natural gas giant, will lead to the lifting of restrictions on foreign investment in Gazprom and will thus create the largest oil and gas company in the world that is open to foreign investment .

Acquisitions & mergers, Government domestic functions, Saudi Arabia, Securities issued, listed, Other General Government Support, Capacity, Government Enterprises-Total Govt, Government Regulation, Foreign investments, Mergers, acquisitions and divestments, Company acquisition/merger, Energy policy, Political aspects, Putin, Vladimir, Securities, Government business enterprises, Public enterprises, Company securities, Business-government relations, Aims and objectives

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ChevronTexaco, Gazprom study natural-gas deal

Article Abstract:

ChevronTexaco Corp. is in negotiations with Russia's Gazprom to explore potential alliances on natural-gas exports and resource exploration. Russia is already Western Europe's number one exporter of natural gas. An agreement between Gazprom and ChevronTexaco could make the natural-gas producer a major exporter to the U.S. as well.

United States, Foreign trade, Natural Gas Liquid Extraction, Alliances, partnerships, Liquefied Natural Gas & Ethane, Natural Gas Liquids ex LPG, International trade, Alliances and partnerships, Liquefied natural gas, Chevron Corp.

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MOL voices support for deal with rivals

Article Abstract:

MOL Rt. announced that it is prepared to form partnerships or merge its operations with OMV AG and PKN SA of Poland. The possibility of such an alliance signals the imminent regional consolidation of oil and gas industry.

Austria, Poland, Hungary, OIL AND GAS EXTRACTION, Natural gas, Petroleum, Petroleum mining, MOL Rt, OMV AG, Polski Koncern Naftowy Orlen S.A.

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