AAR Reportedly Signs With Rosneft to Sell TNK-BP Stake

Moscow Times 17 October 2012 BP’s billionaire partners in a Russian joint venture tentatively agreed to sell their stake to state-controlled oil producer Rosneft for $28 billion, news reports said Wednesday. Alfa-Access-Renova, a consortium of four billionaires,...

Rosneft Said to Have Deal for BP’s Russian Venture

NY Times 17 October 2012 KHANTY-MANSIYSK, Russia — One way or the other, Rosneft, the Russian state oil company, is poised to significantly expand its oil and gas holdings in Russia. And BP, its latest Western partner, could benefit from whatever move Rosneft makes....

BP Confirms Effort to Sell its TNK-BP Stake

Moscow Times 4 June 2012 BP has agreed to consider quitting its Russian joint venture in a move that could strip the British company of almost a third of its output and reverse the biggest investment in the Russian oil industry. If BP sells its 50 percent share in...