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As oil prices rebound -- almost doubling in price per barrel since December -- Russian oil giant OAO Gazprom's oil arm may issue up to $1 billion in bonds to support its quest for acquisitions.Gazprom Neft's chief executive Alexander Dyukov said it is in talks with Russian oil firm...
Posted on June 22, 2009 11:24 AM
With oil dropping over $100 per barrel this year to under $41 a barrel (a four-year low), Iraq's oil minister is looking for foreign investment to utilize untapped oil reserves. At a conference in Baghdad, the oil minister said tens of billions of dollars of investments were needed. While there...
Posted on December 5, 2008 5:03 PM
Archangel Diamond Corp., a subsidiary of De Beers Societe Anonyme and Firebird Global Master Fund Ltd., will acquire up to a 49.99% interest in OAO Arkhangelskoe Geologodobychnoe Predpriyatie, or AGD, a Russian open joint stock company currently owned by Lukoil Group. The transaction concerns ownership and development of the...
Posted on April 17, 2008 8:41 AM
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