Car rams into crowd in HelsinkiWorld July 28, 19:38
This week in photos: Putin in Finland, Merkel at the opera and Santas in CopenhagenSociety & Culture July 28, 19:17
Lavrov tells Tillerson Russia ready to normalize relations with USRussian Politics & Diplomacy July 28, 18:57
Russian spacecraft blasts off from Baikonur to deliver new crew to world’s sole orbiterScience & Space July 28, 18:56
Russia hopes for dialogue with US — UN envoyRussian Politics & Diplomacy July 28, 18:30
Sanctions against Russia driven by US’ wish to get share of EU oil and gas market — expertBusiness & Economy July 28, 18:24
Russia lays down two diesel-electric submarines for Pacific FleetMilitary & Defense July 28, 17:55
Dodon asserts Russian official's Moldova visit disrupted to harm ties with MoscowWorld July 28, 17:47
Russia to vie for medals in 7-8 competitions of 2017 IAAF World ChampionshipsSport July 28, 17:45
LONDON, September 24 (Itar-Tass) — The British Petroleum multinational oil and gas company is considering the possibility of purchasing a 12.5-percent stake in Russia’s oil company Rosneft, the business community of the City of London reported on Monday.
“BP is selling its stake in the joint venture - the corporation TNK-BP and is ready to invest part of the proceeds in projects in Russia,” a staff member of the International Petroleum Exchange of London told Itar-Tass.
To date, BP already owns 1.3 percent of Rosneft shares. “However, it wants to increase its stake in the capital of the Russian company in order to obtain the status of a strategic partner,” the source said.
According to reports, BP assesses its stake in TNK-BP at 25 billion US dollars. It is this part of the money, according to the BP management plans, that will be used for the group’s new projects in Russia.