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Thursday, 08/30/2012 11:08:21 AM

Thursday, August 30, 2012 11:08:21 AM

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10:39 AM ExxonMobil (XOM) and Shell (RDS.A, RDS.B) reportedly seek bigger stakes in the Kashagan oil field and want Kazakhstan’s government to extend the production-sharing agreement for 20 years before investing more in the $46B project. The two may try to buy out ConocoPhillips' (COP) 8.4% stake in the Caspian Sea field; COP has said it plans to sell $8B-$10B of assets by mid-2013

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