Sylvia Pfeifer on the BP-Rosneft backlash
"BP’s landmark deal with Rosneft, the Russian state oil company, was on Sunday night facing a backlash from the billionaire shareholders in its other main venture in the country.
AAR, the consortium through which the shareholders hold their stake in TNK-BP, said it was examining whether the deal breaches their agreement which stipulates that BP can only pursue new opportunities in Russia via the venture."
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