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| Jan.1 |
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Russia-China oil pipeline opens| The first oil pipeline linking the world's biggest oil producer, Russia, and the world's biggest consumer of energy, China, has begun operating | |
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| Oct.30 |
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Yukos shares seized by government| Moscow: The government has seized a controlling stake in oil giant. Shares in Yukos plummeted 5% on the news | |
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| Dec.5 |
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Russia to cut oil exports| Russia has bowed to international pressure and will reduce exports by 150,000 barrels per day | |
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