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Representatives of the Alfa Group, set to earn billion of dollars from the sale of Anglo-Russian oil venture TNK-BP, have sounded out former BP CEOs John Browne and Tony Hayward about investing jointly in international oil projects, Reuters reported on its website Wednesday.German Khan, one of four Russian businessmen who shared control of TNK-BP with BP PLC (BP) for a decade, met Mr. Browne and Mr. Hayward and other potential deal partners in London last month, Reuters cited sources familiar with the discussions as saying.Mr. Khan effectively heads TNK-BP and is Mikhail Fridman's partner in the Alfa Group consortium.The Alfa-Access-Renova consortium will receive cash of $28 billion for selling their one-half stake in TNK-BP to Russian state-owned oil company OAO Rosneft (ROSN.RS).Alfa will get half of that and wants to reinvest much of the money in oil and gas, as well as in telecoms, the sources said in the report.The other two partners in AAR, mining tycoon Viktor Vekselberg of the ...
State oil major Rosneft has finalized a deal to buy 50 percent of Russian peer TNK-BP from the AAR consortium for $28 billion, sealing the country's largest takeover...
A former TNK-BP employee may have confessed to fraud out of fear during a meeting in the office of German Khan, the head of the oil company and one of Russia's most ...
Roman Abramovich, owner of Chelsea soccer club, may step up as a "white knight" minority shareholder to resolve a four-year power struggle at Norilsk Nickel in a dea...
BP moved towards closer ties with Russia's Rosneft as its existing partners in the oil-rich country dropped opposition to an alliance with the state oil major in exc...
Russian oil giant Rosneft has not suggested that the tycoons selling out of smaller rival TNK-BP receive payment in stock rather than cash, a source familiar with th...
The Russian tycoons selling out of TNK-BP should receive Rosneft shares as part payment rather than the $28 billion cash agreed, First Deputy Prime Minister Igor Shu...
Rosneft tightened its grip on Russia's oil industry on Monday with a $55 billion deal to buy TNK-BP that also makes Britain's BP a one-fifth shareholder in the state...
State group Rosneft tightened its grip on Russia's oil industry on Monday, announcing a $55 billion deal to buy domestic producer TNK-BP and make Britain's BP a one-...
Rosneft and BP are preparing to announce a deal worth over $25 billion that could give the British oil company a stake of between 16 and 20% in the state-controlled ...
Rosneft and BP are preparing to announce a deal worth over $25 billion that could give the British oil company a stake of between 16 and 20 percent in the state-cont...
BP has approved Russian group Rosneft's bid to buy out the British oil company's stake 50 percent stake in its Russian joint venture TNK-BP , Kommersant reported.Sep...
Rosneft is poised to secure a tighter grip on Russia's oil industry by buying BP's 50 percent stake in TNK-BP , the country's third largest producing company.The Bri...
Representatives of the Alfa Group, set to earn billion of dollars from the sale of Anglo-Russian oil venture TNK-BP, have sounded out former BP CEOs John Browne and ...
Representatives of the Alfa Group, set to earn billion of dollars from the sale of Anglo-Russian oil venture TNK-BP, have sounded out former BP CEOs John Browne and ...
Two of the tycoons who shared control of Russia's third largest oil producer with BP for much of the past decade will leave their management posts at the end of the ...
Two of the tycoons who shared control of Russia's third largest oil producer with BP for much of the past decade will leave their management posts at the end of the ...
United Co. Rusal PLC (0486.HK), the world's largest aluminum producer, on Tuesday dismissed a key shareholder's criticism of the company's plans to cut annual output...
A key minority shareholder in United Co. Rusal PLC (0486.HK) strongly criticized the Russian company's decision to cut annual output by 7%, calling the move "prematu...
The AAR consortium of Soviet-born billionaires will invest the main proceeds from a sale of stake in Russo-British oil venture TNK-BP (TNBP.RS) into Russia's economy...
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