01.03.2013
- Russia has offered BP CEO Bob Dudley a seat on the board of directors of state-controlled oil company Rosneft, in which BP is soon to raise its stake, a decree signed by Prime...
01.02.2013
- Rosneft came in slightly below forecasts with a 7% rise in 2012 net profit on Friday while free cash flow halved ahead of its $55 billion takeover of TNK-BP, sending shares in...
28.01.2013
- Commodity traders Glencore International and Vitol have asked banks for a $10 billion syndicated loan to finance the purchase of up to 67 million tons of crude oil from Russian...
24.12.2012
- Rosneft, seeking to wrap up Russia's largest-ever takeover deal, has raised $16.8 billion in bank loans and signed long-term supply deals with two leading oil traders that could be...
30.11.2012
- Rosneft, Russia's biggest oil company, should sign a binding agreement next month to buy half of oil company TNK-BP from the AAR consortium of Soviet-born tycoons for $28 billion....
13.11.2012
- British oil company BP took a further step towards closer ties with Russian state oil company Rosneft on Tuesday as the partners in its existing venture in the oil-rich country...
22.10.2012
- British oil company BP said on Monday it had yet to reach an agreement on the sale of its 50% stake in Russian venture TNK-BP to state-run Rosneft. "BP confirms it is in advanced...
19.10.2012
- A government relations manager at Anglo-Russian oil firm TNK-BP has been arrested on suspicion of fraud, the Russian Interior Ministry and the company said on Friday. The arrest of...
