Rosneft to buy BP out of TNK-BP first – source

Oct 30, 2012 | News

Reuters 29 October 2012 Giant BP is set to exit its stake in the TNK-BP joint venture ahead of the AAR consortium of tycoons, when they sell out to state-controlled Rosneft, a source close to Rosneft told Reuters on Monday. BP has struck a deal to sell its stake in...

TNK-BP co-owners to bid for entire BP stake

Sep 27, 2012 | News

Reuters 26 September 2012 To make binding, all-cash offer by mid-October – source No price determined for 50 pct stake AAR had proposed $10 bln for 25 pct in TNK-BP Financing to come from borrowing against TNK-BP The billionaires who own half of Russian oil firm...