North West Oil Group, Inc. (NWOL)

[euddoggwyn]

lukoil gazprom neft jv

may be relevant here I dunno

http://www.petrolworld.com/news/europe/?guid=b84cee63-e8f8-47cb-bb66-073ac15728c0

http://en.rian.ru/russia/20061116/55704149.html

it is certainly weird why www.northwestoilgroup.com links to Lukoil. can anyone explain it?

"Alekperov said the venture with Gazprom's oil arm, Gazprom Neft, would focus on new projects in various Russian regions including western Siberia, the Timan-Pechora area in the north, the continental shelf and off the country's eastern coast.

He also said it would look for acquisition opportunities in "European downstream," suggesting it could seek stakes in anything from refineries to retail operations. Gazprom has said it aims to expand its presence in European retail markets, sparking concern among some Europeans."