Russian space budget may grow this yearScience & Space May 26, 20:48
Moscow hopes London High Court will deliver judgement on Ukraine’s debt to Russia soonBusiness & Economy May 26, 20:21
Hungarian top diplomat: EU must discuss anti-Russian sanctionsWorld May 26, 19:56
Russian, French top diplomats discuss preparations for Putin’s visit to FranceRussian Politics & Diplomacy May 26, 19:47
Moscow comments on Tallinn’s move to expel Russian diplomatsRussian Politics & Diplomacy May 26, 19:43
WADA: Legendary Isinbayeva suits role of ambassador for clean sports in RussiaSport May 26, 19:33
Russia working on advanced air defense systemMilitary & Defense May 26, 19:17
WADA receives Russia’s new national anti-doping planSport May 26, 19:14
Moldova’s ruling pro-European coalition breaks upWorld May 26, 19:12
MOSCOW, September 14. /TASS/. Russia’s Federal Antimonopoly Service (FAS) has approved BP’s request to buy a 49% stake of the Yermak Neftegaz joint venture it creates Russian state-owned oil company Rosneft, the regulator said.
Rosneft will own 51% in the joint venture.
Earlier the antimonopoly regulator in Germany approved the acquisition of the stake in Yermak Neftegaz by BP.
In June, at the St. Petersburg International Economic Forum Rosneft and BP signed a legally binding agreement on creation of a joint venture to develop promising resources in Eastern and Western Siberia. BP is to allocate $300 mln in two tranches as its contribution to the financing of the joint venture on the stage of geological explorations. The joint venture will conduct geological explorations on the total area of about 260,000 square km.