November 22, 2012 / 3:36 PM / 5 years ago

Rosneft board approves deals with BP

MOSCOW (Reuters) - Russia’s biggest oil firm Rosneft (ROSN.MM) said on Thursday its board had approved its deals with British oil major BP (BP.L).

A logo of Russian state oil firm Rosneft is seen at its office in Moscow, October 18, 2012. REUTERS/Maxim Shemetov

    The state-controlled company will buy a 50 percent stake in smaller rival TNK-BP TNBP.MM from BP for $17.1 billion in cash and 12.84 percent of Rosneft shares.

    Reporting by Maria Kiselyova

    0 : 0
    • narrow-browser-and-phone
    • medium-browser-and-portrait-tablet
    • landscape-tablet
    • medium-wide-browser
    • wide-browser-and-larger
    • medium-browser-and-landscape-tablet
    • medium-wide-browser-and-larger
    • above-phone
    • portrait-tablet-and-above
    • above-portrait-tablet
    • landscape-tablet-and-above
    • landscape-tablet-and-medium-wide-browser
    • portrait-tablet-and-below
    • landscape-tablet-and-below