BP pursues blockbuster Russian saleUnder preliminary agreement, state-owned oil company Rosneft would pay $17.1B in cash plus stock for BP’s half of TNK-BP Wesley Loy For Petroleum News
BP is negotiating to sell its 50 percent interest in TNK-BP, the third-largest oil producer in Russia.
BP and the state-owned Russian oil giant Rosneft announced Oct. 22 they had signed a preliminary deal under which Rosneft would pay BP $17.1 billion in cash plus shares representing 12.84 percent o....
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Russian oil titans ‘Important day for BP’
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