Oxidation of the mixed-metal cluster Cp*WRe 2 (CCR)(CO) 9 (1, Cp* ) C 5 Me 5 ; R ) Ph and C(Me)dCH 2 ) with dioxygen in solution at 100 °C affords the oxo clusters Cp*W(O)Re 2 (CCR)-(CO) 8 , (2a, R ) Ph; and 2b, R ) C(Me)dCH 2 . Treatment of 2 with CO at 110 °C provides the clusters Cp*W(O)Re 2 (CCR)(CO) 9 (4), which revert back to 2 by removal of one CO upon thermolysis. Both compounds 2 and 4 contain an open triangular skeletal arrangement, a multisite bound acetylide ligand, and a terminal oxo ligand attached to the W atom. Complex 2a reacts with dihydrogen to form a mixture of three cluster complexes: the acetylide cluster Cp*WRe 2 (µ-O)(µ-H) 2 (CCPh)(CO) 6 (5a), alkenyl cluster Cp*W(O)Re 2 (CHCHPh)(CO) 8 (6a), and the alkylidene cluster Cp*W(O)Re 2 (µ-H)(CHCH 2 Ph)(CO) 8 ( 7a), which are formally produced by addition of two H 2 and elimination of two CO molecules, transferring one H 2 to the acetylide ligand and incorporation of one H 2 molecule to 6a, respectively. For the vinylacetylide compound 2b, it reacts with dihydrogen under similar conditions to furnish a mixture of the above mentioned clusters 5b, 6b, and 7b, together with a fourth allenyl cluster Cp*WRe 2 (µ-O)(CHCCMe 2 )(CO) 7 ( 8), which is probably produced through a 1,3-Hmigration on the alkenyl ligand CHdCHC(Me)dCH 2 in 6b. The X-ray structural analysis of these oxo cluster compounds, their spectroscopic data, and the mechanistic studies of the conversion from acetylide clusters 2, 4, and 5 to alkenyl clusters 6, alkylidene clusters 7, and allenyl cluster 8 are presented.