BP in deal talks with Russia’s Rosneft

first_img whatsapp Read This Next’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe WrapHow HGTV’s ‘Renovation Island’ Changed Bryan and Sarah Baeumler’sThe Wrap’Bridgerton’ Stars Phoebe Dynevor and Nicola Coughlan on Daphne andThe WrapBest Wine Gifts & Wine Accessories at Every PriceGayot’Hitman’s Bodyguard’s Wife’ Earns $17 Million 5-Day Opening as Box OfficeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The WrapEverything We Know, or Think We Know, About the Time-Keepers on ‘Loki’The Wrap’The Crown’: What Went Into Finding Princess Diana and Margaret ThatcherThe Wrap Show Comments ▼ BP in deal talks with Russia’s Rosneft alison.lock ENERGY giant BP is in talks with Russian state-owned oil company Rosneft over a possible deal, it has announced.BP, which owns 1.4 per cent of Rosneft, has called an emergency press conference at its London headquarters at 9pm tonight to announce full details of the deal.Reports have suggested the deal would be in the form of a share swap with Rosneft taking a large stake in BP.“Following recent press speculation, BP confirms that it is in discussions with Rosneft relating to a possible arrangement. A further announcement is to be made later today,” a BP spokesman said.BP, which acquired the minority stake Rosneft stake in an IPO in 2006, has said previously that it did not intend to sell it. Share Friday 14 January 2011 2:37 pm whatsapp Tags: NULLlast_img