Oil titans team up
![Oil titans team up](https://mf.b37mrtl.ru/files/oldfiles/business/oil-titans-team-up/466e8ea80eb42.si.jpeg)
Russian oil company Lukoil and gas monopoly Gazprom's oil arm Gazpromneft have announced plans to set up a joint venture to buy various energy assets in Russia and abroad.
A deal is expected soon. Gazprom bought Gazpromneft – formerly known as Sibneft – from billionaire Roman Abramovich last year.
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