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BP Eyes Sale to State-Backed Russian Company

June 03, 2012

BP is looking to sell its stake in the TNK-BP joint venture – valued at up to $30bn – in a move that would end its tumultuous but highly profitable nine-year investment in Russia and lead to a radical reshaping of the British oil major. The FT reports.

Source: http://www.cnbc.com/id/47656371?__source=RSS*tag*&par=RSS
 
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