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...
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...
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...
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...
23.08.2012
- The chief oil trader at TNK-BP said he would leave the Anglo-Russian oil venture, which faces an uncertain future as its owners seek to dissolve their fraught but highly lucrative...
16.07.2012
- The billionaire co-owners of Anglo-Russian oil venture TNK-BP would be willing to sell their stake to British oil major BP for cash and stock to put an end to a bitter shareholder...