MOSCOW (AP) – Russian shareholders TNK-BP, the U.K. oil company’s joint venture in Russia, said Wednesday that they are interested in buying a 25 percent stake in the company. TNK-BP, Russia’s ...

BP has rejected a proposal that its Russian joint venture TNK-BP join an alliance with state oil producer Rosneft, while its Russian partners in TNK-BP rejected a compromise offer by the UK supermajor ...

RUSSIAN state-controlled company Rosneft and UK supermajor BP have formally acknowledged that they are talking about an opportunity for the Russian company to buy a stake in oil venture TNK-BP, after ...

TNK-BP on Tuesday released the results of the independent audit of its reserves as at the end of 2006. This represents the fourth annual audit of the company's reserves since its creation in August ...

LONDON -- Energy giant BP posted a more than three-fold increase in profit for the first quarter as proceeds from the sale of Russian joint venture TNK-BP offset a fall in oil and gas production and ...

TNK-BP awards long-term contracts totaling more than $3 billion dollars for drilling and workovers. Tenders launched in August by TNK-BP have resulted in the award of long-term contracts totaling over ...

Given the billions of dollars in oil wealth at stake, it's not surprising that the two sides in the ongoing dispute between oil major BP and the Russian shareholders in the joint venture BP-TNK have ...

MOSCOW -- The oil giant Rosneft has agreed heads of terms to acquire the AAR consortium’s 50% stake in TNK-BP for $28 billion in cash, the company said in a statement. Rosneft also confirmed it had ...

MOSCOW/LONDON (Reuters) - Representatives of the Alfa Group, set to earn billion of dollars from the sale of Anglo-Russian oil venture TNK-BP, have sounded out former BP CEOs John Browne and Tony ...

Troika Dialog, the oldest and largest private investment bank in the CIS, has snapped up a Russian market investment banking specialist and one of the advisers on the historic $5 billion TNK-BP deal, ...

MOSCOW - Rosneft will buy the remaining 50 percent of Russia's third-largest oil producer, TNK-BP, for $28 billion, having earlier acquired the other half from BP. Rosneft and AAR, a consortium of ...