Keyword: oil industry Russia

News

Rosneft's $5.8 Billion Q3 Net Profit Beats Borecasts

01.11.2012 - Higher oil prices and lower taxes fuelled Rosneft to a 181 billion roubles ($5.8 billion) net income in the third-quarter, the company said on Thursday. Analysts polled by Reuters...

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BP Says Not Deal Yet on TNK-BP Stake Sale

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...

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TNK-BP Manager Arrested on Suspicion of Fraud in Russia

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...

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TNK-BP Oligarchs Try to Dodge Rosneft

09.10.2012 - The billionaires who co-own Russian oil venture TNK-BP and want to buy out partner BP have told the British company they would rather sell their half of the $50 billion business...

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AAR to Make "Competitive" TNK-BP Offer to BP

04.10.2012 - The billionaire quartet that owns half of TNK-BP, will make a "competitive" offer for BP's 50 % stake in the Anglo-Russian oil firm by Oct. 17, German Khan, one of the tycoons in...

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Belarus's Mis-labelling of Fuel Exports Costs Russia $1 Billion

28.09.2012 - Belarus has dodged about $1 billion in customs duty payments to Russia this year by exporting gasoline and other oil products under the guise of solvents and thinners, official...

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TNK-BP Signs $675 Million Loan

25.09.2012 - Russia's third-largest oil company TNK-BP signed a $675 million loan with a group of banks, falling short of its targeted $750 million after one bank was unable to commit to the...

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BP Would Get Rosneft Stake in TNK-BP Deal

20.09.2012 - BP is in talks with Rosneft that may result in the British oil major acquiring at least 12.5% of the Russian state oil firm, the Kommersant financial daily reported on Thursday...