Putin appoints Anatoly Antonov Russia’s ambassador to USRussian Politics & Diplomacy August 21, 15:11
Death toll in terrorist attacks in Catalonia grows to 15World August 21, 14:36
Expert says Russia halted global warming for one yearScience & Space August 21, 14:01
Moscow slams suspension of US visa procedures throughout RussiaRussian Politics & Diplomacy August 21, 13:58
Russia inks deal to launch two South Korean satellites on Soyuz rocketScience & Space August 21, 13:33
Poll reveals Russians take pride in country’s symbolsSociety & Culture August 21, 13:15
Press review: Moscow works to cool off US-North Korea spat and Japan eyes peace treatyPress Review August 21, 13:00
Passenger ground effect vehicle seating 100 to be created in Russia in 2020-2022Military & Defense August 21, 12:35
Australian cyclist Perkins gets Russian passportSport August 21, 12:21
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.