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Rosneft may offer to buy out, or convert, TNK-BP shares

2013-06-27 14:14:47| Oil & Gas - Topix.net

Russian state oil major Rosneft said on Thursday it may offer to buy out minority shareholders in TNK-BP Holding or convert their stock into its own shares, but only at a lower valuation than at which it took over TNK-BP.

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BPs earnings rise in first quarter; TNK-BP deal lifts profit

2013-04-30 01:00:00| Hydrocarbons Technology

UK-based oil and gas company BP has reported a $4.2bn profit in the first quarter of 2013, which is an increase compared to $3.9bn in the fourth quarter of last year, but a fall from the $4.7bn of the first quarter of 2012.

Tags: deal rise profit quarter

 
 

Rosneft says to get $9.7 billion in loans from TNK-BP

2013-03-26 15:32:48| Energy - Topix.net

An illuminated sign is displayed in front of the local office of TNK-BP company in the Siberian city of Tyumen, January 17, 2013.

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Rosneft, BP complete TNK-BP deal

2013-03-25 01:00:00| Hydrocarbons Technology

Russia-based Rosneft has paid $16.65bn to UK-based BP, as part of the sale and purchase agreement of TNK-BP, which was announced in October 2012.

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BP to return $8 billion to shareholders from TNK-BP sale

2013-03-22 16:10:53| Oil & Gas - Topix.net

The British company had already flagged that it planned to distribute to shareholders some of the $12.48 billion it netted from the sale, first announced last October.

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