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Exxon Mobil, Shell and Lukoil Bid for Ukraine Fields -Interfax

By James Marson MOSCOW--Russia's OAO Lukoil Holdings (LKOH.RS) and a consortium led by Exxon Mobil Corp. (XOM) have submitted bids for an oil-and-gas field on Ukraine's Black Sea shelf, Interfax reported Friday. Ukraine is seeking to develop oil and gas deposits to decrease its dependence on Russia for energy supplies. There were no bids on a second field. Exxon Mobil is bidding together with U.K. major Royal Dutch Shell PLC (RDSB), Romania's OMV Petrom SA (SNP.RO) and Ukrainian state firm Nadra Ukrainy, the report said. Lukoil Overseas, a unit of Lukoil Holdings, submitted the other bid. Interfax quoted Ukraine's Environment and Natural Resources Minister Eduard Savitsky as saying that a governmental commission will decide whether the bids meet tender conditions in the next five days, and the winner will be selected in 30 days. The field is expected to produce 3 billion-4 billion cubic meters of natural gas per year. Write to James Marson at james.marson@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Exxon Mobil (XOM)
DateTimeHeadline
04/30/201603:03:00Exxon Swoons, but Investors Cheer -- WSJ
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04/29/201611:57:00Oil and Gas Stocks See Shares Rise After Reporting Results
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04/29/201603:02:00Ahead of the Tape: Exxon Still Has Fuel in Its Tank -- WSJ
04/28/201614:40:00EU High Court Rules Against Businesses on Carbon Credits
04/28/201608:08:00Corporate Social Responsibility Related News Releases and Story...
04/27/201622:00:00Suncor Buys Out Murphy Oil Stake in Canada's Syncrude Oil Sands...
04/27/201617:40:00Exxon Mobil Boosts Its Dividend Slightly
04/27/201603:03:00Exxon Loses Its Triple-A Rating -- WSJ
04/26/201618:38:00Oil Companies' Bet on Kurdistan Turns Sour
04/26/201613:10:00S&P Strips Exxon of Triple-A Credit Rating
04/26/201612:40:00Exxon Stripped of AAA Rating by S&P

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