The long saga of BP PLC (NYSE: BP) and its operations in Russia is just about wind up. The U.K. firm today closed the sale of its 50% stake ... Read Full Story »
Before BP PLC (NYSE: BP) agreed to sell its 50% stake in Russia-based oil company TNK-BP, the company tried to negotiate an alliance with eventual acquirer Rosneft. That did not ... Read Full Story »
British oil giant BP PLC (NYSE: BP) announced this morning that it has reached a tentative agreement to sell its 50% stake in TNK-BP to Russia’s state-controlled oil company Rosneft ... Read Full Story »
Reuters has released a rumor that BP PLC (NYSE: BP) will sell its 50% interest in TNK-BP to partner Rosneft. There have been rumors off and on in the press that ... Read Full Story »
Russia’s largest state-controlled oil company, OAO Rosneft, has reportedly offered BP PLC (NYSE: BP) about $28 billion for BP’s share its Russian joint venture TNK-BP. BP’s partner in the venture ... Read Full Story »
Oil supermajor BP plc (NYSE: BP) announced today that it will begin a 90-day “good faith” negotiating period with its Russian partner in TNK-BP related to the sale of some ... Read Full Story »
In a brief press release this morning, BP plc (NYSE: BP) has said that the company has “received unsolicited indications of interest regarding the potential acquisition of its shareholding in ... Read Full Story »
A Washington Post/ABC poll showed Obama's ratings on the economy hit a low. (Reuters) Steve Jobs of Apple (NASDAQ: AAPL) introduced the company's new iCloud product. (Reuters) Wall St. stocks ... Read Full Story »
The Fed's exit from QE2 may involve rate increases (Reuters) Deutsche Bank will restructure its US bank business to avoid regulation (WSJ) Google's (NASDAQ: GOOG) new CEO will be carefully ... Read Full Story »
Tony Hayward, who business school students will be studying for generations as an example of ineptitude, is back in the news again. BP Plc.'s board of directors has decided that ... Read Full Story »
Yahoo! (NASDAQ: YHOO) is in talks to sell its part of a Japanese joint venture for $8 billion. (Reuters) Apple (NASDAQ: AAPL) will release its iPad 2 today. (Reuters) The ... Read Full Story »