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Wednesday, May 18, 2011

BP offers fresh proposals to Rosneft

Breaking News
 

BP offers fresh proposals to Rosneft
Rosneft has opened the door to fresh co-operation talks with BP on developing the Arctic, saying it could continue negotiations even though a deadline for reaching agreement on a $16bn share swap with the UK oil group had expired.

The Russian state oil champion said in a statement on Wednesday that it had received fresh proposals from BP on co-operation that went “beyond previous agreements and do not require the extension of the deadline” for the share swap.
http://link.ft.com/r/UXDMSS/EWMTW0/A7ZW81/40HVJB/YHPK4W/VU/h?a1=2011&a2=5&a3=18

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