BP to invest $6.75 billion in new Russian oil venture
Petroleum News Alaska
BP p.l.c, which has repeatedly said it wants to expand its gas production ratio and move away from oil, plans to invest $6.75 billion in a new company that would be the third-largest oil company in Russia, London-based BP said Feb. 11.
The deal is one of the largest ever by a Western company in post....
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Three billion in cash due from BP when deal closes Browne calls deal a strategic step
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