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October 29, 1992 | From Times Staff and Wire Reports
Occidental Begins Shipping Russian Oil: Occidental Petroleum has begun exporting oil from western Siberia, apparently the first such exports involving a joint venture between a U.S. company and a Russian oil entity. The 50-50 venture, Vanyoganneft, is owned by Los Angeles-based Occidental and Chernogorneft Enterprise, a Russian production association. The two agreed earlier this year to rehabilitate the Vanyogan and Ayogan oil fields in western Siberia.
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BUSINESS
October 29, 1992 | From Times Staff and Wire Reports
Occidental Begins Shipping Russian Oil: Occidental Petroleum has begun exporting oil from western Siberia, apparently the first such exports involving a joint venture between a U.S. company and a Russian oil entity. The 50-50 venture, Vanyoganneft, is owned by Los Angeles-based Occidental and Chernogorneft Enterprise, a Russian production association. The two agreed earlier this year to rehabilitate the Vanyogan and Ayogan oil fields in western Siberia.
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