Michael R. Koy, a former mineral economist with BP in Anchorage, returns to Alaska as the CFO for the HEX family of companies ...

MOSCOW (AP) – Russian state-controlled oil company Rosneft has signaled its interest in acquiring BP’s share in its Russian joint venture TNK-BP. BP is now being courted by two potential buyers as TNK ...

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 ...

MOSCOW, June 16 -- A bare-knuckles boardroom battle has broken out between the British oil giant BP and its Russian partners over the direction and control of a prized joint venture, TNK-BP, which is ...

MOSCOW (Reuters) - The chief oil trader at TNK-BP said he would leave the Anglo-Russian oil venture, which faces an uncertain future as its owners seek to dissolve their fraught but highly lucrative ...

TNK-BP minority investors drop BP suit Minority shareholders in Anglo-Russian venture TNK-BP are withdrawing a 100 billion rouble ($3.2 billion) damages suit against BP after the main stakeholders ...

(AP) A person familiar with the matter says that the board of U.K. energy company BP PLC has struck a deal to swap its profitable but troublesome Russian oil venture TNK-BP for a big stake in Rosneft, ...

Alfa Group's president Mikhail Fridman is the latest Russian multi-billionaire to step into the spotlight in the west. The 39-year-old rose to prominence in February following the announcement of a ...

MOSCOW (Reuters) - The billionaires who own half of Russian oil firm TNK-BP plan to make a cash offer for BP's 50 percent stake, raising the prospect of a bid contest with state-backed Rosneft that ...

The FINANCIAL — According to RIA Novosti, Robert Dudley stepped down on December 1 as CEO of TNK-BP, the Russian-British joint oil venture said. Dudley left Russia in July over what BP alleged was a ...

The oil business has never been for the faint of heart. But think back, if you will, some five years to a time when the industry was nothing like it is today. In mid-2003, when a barrel of oil fetched ...

The $56 billion deal creates a state-owned company with supergiant Roseneft operating fields and refineries stretching from Eastern Europe through Siberia to the Pacific Coast. MOSCOW -- Russia's ...