MOSCOW (AP) – Russian state-controlled oil company Rosneft has signaled its interest in acquiring BP’s share in its Russian joint venture TNK-BP. BP is now being courted by two potential buyers as TNK-BP’s Russian shareholders recently confirmed they ...

(AP) A person familiar with the matter says that the board of U.K. energy company BP PLC has struck a deal to swap its profitable but troublesome Russian oil venture TNK-BP for a big stake in Rosneft, the Kremlin-controlled energy company. The person said ...

The S&P 500 Index ($SPX) (SPY) on Thursday closed up +0.58%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.31%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.88%. December E-mini S&P futures (ESZ25) rose +0.

The landmark share swap and Arctic exploration deal between BP and Russia's state-owned oil company, Rosneft, has been battered by problems ever since it was first announced in January. Now comes another possible crimp in its grand plans. Rosneft chairman ...

The FINANCIAL — Russia's Energy Minister Sergey Shmatko said on March 28 he expects a deal on the exchange of 9.5% of the shares of Russian state-controlled oil major Rosneft for 5.0% in U.K. oil company BP to go through very soon, according to RIA Novosti.

LONDON (Reuters) - BP will struggle to meet a Monday deadline to complete its $16 billion (9 billion pound) share swap with Russian group Rosneft, leaving the companies to agree a second extension or allow the deal to fall apart. BP Chief Executive Bob ...

(AP) The chief executive of Russian oil company Rosneft says the takeover of TNK-BP could generate synergy savings of up to 5 billion. The state-owned company on Monday unveiled a deal to take over TNK-BP, Russia’s third-largest oil producer. It is ...

Russian state-owned Rosneft has signed several long-term agreements with UK supermajor BP for co-operation in production, exploration and refining ventures, the pair said in a joint statement on Friday. BP will buy for $750 million a 20% stake in Rosneft ...

DAVOS, Switzerland (Reuters) - Oil major BP and Russia's top oil producer Rosneft agreed on Wednesday to expand their strategic alliance beyond a share-swap and an Arctic development deal to work in third countries. BP's Chief Executive Bob Dudley told a ...

Rosneft said it is committed to the deal it struck with BP on an Arctic development and isn't in talks with TNK-BP about replacing it as a partner. MOSCOW (Dow Jones Newswires), March 11, 2011 Russian state-controlled oil producer Rosneft said it is ...

The $56 billion deal creates a state-owned company with supergiant Roseneft operating fields and refineries stretching from Eastern Europe through Siberia to the Pacific Coast. MOSCOW -- Russia's state oil giant Rosneft on Wednesday announced the creation ...