TNK-BP
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Quotes
This is not about creating TNK-BP 2.0.
We thought [refinancing] bonds and asset sales would kick start straight after the closing [ofВ TNK-BP deal]. We are now in the dark.
Before we bought oil from TNK-BP. But Rosneft said it won't give us anything. We have to find other ways and seek other suppliersMore quotes »
Around the web
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Alfa Group to invest $10b in oil using TNK funds
MOSCOW: Mikhail Fridman’s Alfa Group may invest $10 billion in the global oil and gas industry over the next five years using funds from the sale of its 25 per cent holding in Russian oil producer TNK-BP. The investment will be made through L1 Energy, a from GulfToday.ae Read more »
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George Osborne set to show off his comic timing on banks
Last year, as George Osborne arrived to deliver his Mansion House speech, he was greeted by a BBC comedy presenter, who handed him a GCSE maths text book. The chancellor might have justifiably retorted with a study guide on delivering gags – but, to be f from Guardian Unlimited Read more »
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The International Axis of Shale Oil
It's funny how quickly things change. It seems as if it was just a couple of years ago that we were worried we'd run out of oil. Now, thanks to advances in technology, we're finding that there is more technically recoverable oil than I think most of us e from WalletPop Read more »
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Russian oil price jumps 20% in a month as Rosneft cuts domestic sales
The spot price of oil jumped by a fifth in Russia between May and June, as Rosneft reportedly redirected part of domestic sales to Asia – Pacific markets after the TNK-BP acquisition. Russia’ s oil market has seen reduced volumes which has driven prices from Russia Today Read more »
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BP cuts global gas reserves estimate, mostly for Russia
LONDON: Oil major BP cut its global natural gas reserves estimate for the first time in decades, revising Russia's still classified holdings down sharply and putting Iran at the top of the world league table. In its Statistical Review of World Energy pub from The Star Malaysia Read more »
