TNK-BP Newswire

Comprehensive Real-Time News Feed for TNK-BP.

Results 1 - 20 of 166 in TNK-BP

  1. TRLPC-Rosneft to make $7.1 bln February bridge loan paymentRead the original story

    Yesterday | Reuters

    Russian oil giant Rosneft is set to repay around $7.14 billion of an existing two-year bridge loan that is due to mature on Feb. 13, bankers close to the deal said on Wednesday. The loan is part of a larger $11.9 billion, two-year bridge loan that was signed in Feb. 2013 that backed Rosneft's acquisition of oil company TNK-BP.

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  2. Rosneft says its can weather $30 oilRead the original story w/Photo

    Tuesday | Russia Taday

    ... Ocean oil pipeline, which will deliver oil from Siberia to eastern markets, such as India. After buying out TNK-BP for $55 billion in 2013, Rosneft has acquired a large amount of debt, the next $11.88 billion loan which is due for payment on ...

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  3. Kazakhstan's KMG Ep board of directors names new chairmanRead the original story w/Photo

    Wednesday Jan 21 | Trend

    Astana, Kazakhstan, Jan. 21 By Daniar Mukhtarov Trend: A new chairman was elected to the board of directors of KazMunaiGas Exploration Production , according to a message from the company. The KMG EP is one of the top three oil and gas producers in Kazakhstan.

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  4. The Four Horsemen Of Russia's Economic ApocalypseRead the original story w/Photo

    Wednesday Jan 21 | Forbes.com

    ... in U.S. currency from an account controlled by Russia's state-owned oil giant, Rosneft The closing of the sale of TNK-BP, Russia's third-biggest oil company, 50% owned by British Petroleum and 50% by the Russian billionaires, marked another move by ...

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  5. Schlumberger acquires share in Eurasia Drilling.Read the original story

    Tuesday Jan 20 | AK&M

    ... the building and repair services at oil/gas wells in the licensed sectors held by LUKOIL, Rosneft, Gasprom neft, TNK-BP. The Eurasia Drilling Company stocks are quoted on LSE. The main assets held by Eurasia Drilling Company is Drilling Company ...

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  6. SEOUL: - Black tears' of oil tycoonsRead the original story

    Monday Jan 19 | Asia News Network

    ... from the government, its oil barons are commonly referred to as "Putin's friends." Victor Vekselberg, who owns TNK-BP in Russia and Ukraine, sold the company to Russian national oil company Rosneft, gaining $14.4 billion in the process. Roman ...

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  7. TRLPC-Russian firms likely to handle maturing loans-bankersRead the original story

    Monday Jan 19 | Reuters

    ... the remaining $11.9 billion tranche of a two-year bridge loan that backed Rosneft's acquisition of oil company TNK-BP in December 2012, which is scheduled to mature on February 13. Bankers expect Rosneft to repay the circa $6 billion outstanding ...

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  8. [Super Rich] - Black tears' of oil tycoonsRead the original story w/Photo

    Monday Jan 19 | Korea Herald

    ... from the government, its oil barons are commonly referred to as "Putin's friends." Victor Vekselberg, who owns TNK-BP in Russia and Ukraine, sold the company to Russian national oil company Rosneft, gaining $14.4 billion in the process. Roman ...

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  9. Alex Brummer: BP could face a shark attack five years after Gulf explosionRead the original story w/Photo

    Friday Jan 16 | This Is Money

    ... been moving in BP's direction. Dudley staged something of a coup when he rid the group of some irascible partners in TNK-BP in Russia, made friends with President Putin and became a 20 per cent minority holder in Moscow-controlled Rosneft. Over the ...

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  10. RWE Plans to Complete Sale of Oil Unit by MarchRead the original story

    Friday Jan 16 | Bloomberg

    ... co-investor German Khan in 2013 to invest part of the $14 billion they got from selling a stake in the Moscow-based TNK-BP oil venture. It seeks to use Dea as "growth platform," it said today. To contact the reporters on this story: Will Kennedy in ...

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  11. Changes occur in membership of Board of Directors of KMG EpRead the original story w/Photo

    Tuesday Jan 13 | Trend

    KazMunaiGas Exploration Production JSC announced that following the extraordinary general meeting of its shareholders, the membership of the Board of Directors has changed, the JSC press service said Jan.13. "Christopher Hopkinson, the First Deputy Chair of the Management Board of National Company KazMunaiGas , has been appointed as member of KMG EP Board of Directors," said the message.

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  12. Global Oil Stocks Sink; Crude Slides To Fresh LowsRead the original story w/Photo

    Monday Jan 5 | Investor's Business Daily

    ... signal. BP has exposure to Russia's Rosneft via the near 20% stake that the British company acquired when it sold its TNK-BP joint venture to Rosneft in 2013. The Russian company made up almost a third of BP's total oil and gas output in the first ...

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  13. For BP and chief executive Bob Dudley, a bumpy ride in Russia becomes worseRead the original story w/Photo

    Saturday Jan 3 | The Washington Post

    ... prices and Western trade restrictions. (ALEXEY DRUZHININ/AFP/Getty Images) In 2008, when he was chief executive of TNK-BP, a joint venture between the British oil major and a group of Russian billionaires, Dudley faced a stream of lawsuits and tax ...

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  14. Making The Difficult Decision To Part Ways With BPRead the original story w/Photo

    Tuesday Dec 30 | Seeking Alpha

    ... producer, has gone into an absolute tailspin from over $100 per barrel to the mid-$50s. BP sold its investment in TNK-BP in exchange for $11.8 billion in cash and an 18.5% stake in Rosneft. Together with its existing 1.25% shareholding, BP now holds ...

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  15. Market Report, "Petra Energia SA - Oil & Gas - Deals and Alliances Profile", publishedRead the original story

    Dec 28, 2014 | PR-inside.com

    ... The company primarily operates in the regions of South America. The company is headquartered at Brazil. In May 2011, TNK-BP Holding signed a farm-out agreement with Petra Energia for the acquisition of a 45% stake in 21 blocks in the Brazilian ...

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  16. BP Said in Talks for Share in Rosneft East Siberia Oil ProducerRead the original story

    Dec 24, 2014 | The Washington Post

    ... stop it from selling assets. BP has been seeking direct production ventures in Russia after selling its half of the TNK-BP venture to the state- controlled company last year. Rosneft's and BP's press services declined to comment on talks about Tass ...

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  17. Rosneft's repayment eases fears of sanctionsRead the original story w/Photo

    Dec 22, 2014 | Iol.co.za

    ... trade after Rosneft confirmed it had made the payment - part of a two-year $12.7bn on loan it used to buy oil firm TNK-BP - from its own cash reserves. Rosneft, which produces more oil than Iraq or Iran, has asked for 2.5 trillion roubles (R443bn) ...

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  18. Rosneft scraps Morgan Stanley deal but reassures on debtRead the original story w/Photo

    Dec 22, 2014 | TheStreet.com

    ... Russia's biggest oil producer earlier on Monday said it had repaid a $7 billion bridge loan taken out to buy TNK-BP. Rosneft has spent about $24 billion over the course of the year servicing its foreign currency loans. That had prompted some ...

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  19. Rosneft repays $7bn in debtRead the original story w/Photo

    Dec 22, 2014 | The Peninsula

    MOSCOW: Russia's top oil producer Rosneft said yesterday that it had met a $7bn loan repayment, partially easing fears among investors that Western sanctions banning major Russian firms from access to European and US capital could prompt mass defaults. Shares in the company rose 2.5 percent in morning trade after Rosneft confirmed it had made the payment - part of a two-year $12.7bn loan it used to buy oil firm TNK-BP - from its own cash reserves.

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  20. Rosneft Repays $7 Billion and Sees No Need to Buy DollarsRead the original story

    Dec 22, 2014 | The Washington Post

    ... according to data compiled by Bloomberg. Even prior to sanctions, Rosneft's main instrument for repaying loans to buy TNK-BP, the BP Plc venture that was Russia's third-biggest oil producer, has been advance payments for oil supplies. Rosneft had ...

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