Friday, June 1, 2012

Russia offers to buy BP's $30 billion JV stake: source

http://www.reuters.com/article/2012/06/01/us-russia-tnkbp-idUSBRE8500HY20120601

A Russian state firm has offered to buy BP Plc's (BP.L) half share in its Siberian joint venture, a source said on Friday, in what would amount to a stunning reversal for the British firm and a bold assertion of Kremlin control over the oil sector.

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