• Arrangement will allow exit from troubled joint venture TNK-BP • Rosneft could become world's biggest oil company • BP to be its second largest stakeholder after Russian state BP is preparing to announce a $27bn (£17bn) deal that would allow the oil company to extricate itself from a troubled joint venture in Russia, but force it to forge closer ties with the Kremlin. The transaction with Rosneft, the oil company in which the Russian state owns a 75% stake, could be confir...
• Arrangement will allow exit from troubled joint venture TNK-BP • Rosneft could become world's biggest oil company • BP to be its second largest stakeholder after Russian state BP is preparing to announce a $27bn (£17bn) deal that would allow the oil company to extricate itself from a troubled joint venture in Russia, but force it to forge closer ties with the Kremlin. The transaction with Rosneft, the oil company in which the Russian state owns a 75% stake, could be confir...
Share this Article
Recommended