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ConocoPhillips leaves Russia as it sells joint venture stake

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ConocoPhillips is leaving Russia after more than two decades after selling its stake in a joint venture.

The company sold its 50 percent stake in Polar Lights Co. to Trisonnery Asset Ltd. for an undisclosed amount.

This year, ConocoPhillips planned to sell some $2.3 billion in assets.

Read more from The Wall Street Journal.

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