, Total BP Stake Bid on by Co-owners of Russian TNK-BP
The billionaire co-owners of Russian oil company TNK-BP have come up with a plan to acquire about 50 percent of the stake in BP by making a cash bid. This significantly increases the chances of a BP bidding war, expected to begin at around the $20 billion mark between the billionaires and government-backed Rosneft.
, Deadline for BP-Rosneft deal lapses: Talks to continue
Despite the lapse of deadline set for British Petroleum’s proposed $7.8 billion share swap with Russian state-controlled oil company Rosneft, BP has said that it …
, BP stakes in North Sea gas fields up for sale
In a major attempt to focus on operations in the central and northern parts of the oil-rich region, British Petroleum has announced plans to …
