BP has been operating in Russia through a joint venture called TNK-BP since 2003 and is nearing the completion of its $55 billion sale to Rosneft where BP will receive a 20% equity stake and a board ...
What now for BP? The oil major's swapping of a 50% stake in TNK-BP for $12.3 billion in cash and 18.5% of Rosneft is the climax to a transformative period since the Gulf of Mexico oil spill in April ...
BP's Q2’24 results showed strong performance with a 7% year-over-year growth in core earnings, driven by higher petroleum prices. BP is enhancing shareholder value through $3.5B in stock buybacks in ...
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