Home Page : Archive News : June 2012 News : BP Eyes Sale to State-Backed Russian Company | |
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 |