TNK-BP Newswire

TNK-BP Newswire

Comprehensive Real-Time News Feed for TNK-BP.

Results 1 - 20 of 78 in TNK-BP

  1. BP's spill deal is - catalyst' for acquirers as uncertainty endsRead the original story

    Friday Jul 3 | World Oil

    ... a bid is "challenging." BP owns 20% of OAO Rosneft, which it got in exchange for its share of Russian venture TNK-BP. Rosneft, controlled by the Kremlin, is subject to U.S. and European Union sanctions. While in the long run that brings a prime ...

    Comment?

  2. BP's Spill Deal Is - Catalyst' for AcquirersRead the original story

    Friday Jul 3 | Bloomberg

    ... a bid is "challenging." BP owns 20 percent of OAO Rosneft, which it got in exchange for its share of Russian venture TNK-BP. Rosneft, controlled by the Kremlin, is subject to U.S. and European Union sanctions. While in the long run that brings a ...

    Comment?

  3. Rosneft net debt down 4.8% to $43.3 billion in Q1 2015Read the original story

    Thursday Jul 2 | AK&M

    In Q1 2015, net debt of Rosneft in dollar terms decreased by 4.8% year-on-year to $43.3 billion from $45.5 billion in Q1 2014, the company reported. In Q1 2015, Rosneft made an early final repayment of approximately $7.2 billion under the bridge loan facility raised to finance the acquisition of TNK-BP.

    Comment?

  4. Rosneft First-Quarter Profit Falls 35% After Oil Prices DropRead the original story

    Friday Jun 26 | The Washington Post

    ... while keeping output as it repays debt from the $55 billion 2013 acquisition of Russia's third-largest oil producer, TNK-BP. U.S. and European sanctions in response to Russia's support for separatists in Ukraine have complicated Rosneft's task by ...

    Comment?

  5. Weekly Oil & Gas Notes: Exxon's Kearl Expansion Startup and BP-Rosneft PartnershipRead the original story w/Photo

    Tuesday Jun 23 | Forbes.com

    ... owns almost 20% stake in Rosneft, a large chunk of which was acquired as a part of the sale of its 50% stake in the TNK-BP joint venture in 2013. According to the agreement signed last Friday, BP will acquire a 20% stake in Taas-Yuryakh ...

    Comment?

  6. Siberian Deal Sees BP Bet on Russia's Energy Pivot Toward ChinaRead the original story

    Monday Jun 22 | The Washington Post

    ... up Russia's third-biggest integrated oil and gas company, according to its website. In 2013, BP swapped its half of TNK-BP for cash and a 20 percent stake in state-run Rosneft. BP's latest move for the Russian oilfields also comes as global demand ...

    Comment?

  7. BP to Pay Rosneft $750 Million for Part of Siberian OilfieldRead the original story

    Friday Jun 19 | The Washington Post

    ... to Europe in the face of U.S.-led sanctions. BP reset its Russia strategy two years ago when it swapped its half in TNK-BP for cash and a 20 percent stake in state-run Rosneft. "BP will continue to seek attractive investment opportunities to develop ...

    Comment?

  8. Rosneft's Sechin says sanctions hit market capitalisationRead the original story

    Wednesday Jun 17 | Reuters

    Western sanctions make it almost impossible for Russian oil producer Rosneft to raise funds globally, Chief Executive Igor Sechin said on Wednesday. Rosneft's market capitalisation stands at 2.6 trillion roubles , according to ThomsonReuters data, less than the $55 billion it paid for its smaller peer, TNK-BP, in 2013.

    Comment?

  9. Russia's Rosneft Won't Resume Sanctions-Struck Arctic Drilling Before 2018 - SourcesRead the original story w/Photo

    Thursday Jun 11 | The St. Petersburg Times

    ... ($45 billion) in net debt by the end of 2014, largely due to a $55 billion takeover of BP's Russian joint venture TNK-BP in 2013, and faces a total of $23.5 billion in debt repayments in 2015. Rosneft has applied for funds from the National Wealth ...

    Comment?

  10. a 'Read the original story w/Photo

    Thursday Jun 11 | The St. Petersburg Times

    ... ($45 billion) in net debt by the end of 2014, largely due to a $55 billion takeover of BP's Russian joint venture TNK-BP in 2013, and faces a total of $23.5 billion in debt repayments in 2015. Rosneft has applied for funds from the National Wealth ...

    Comment?

  11. Russia's Rosneft Won't Resume Sanctions-Struc...Read the original story w/Photo

    Thursday Jun 11 | The St. Petersburg Times

    ... ($45 billion) in net debt by the end of 2014, largely due to a $55-billion takeover of BP's Russian joint venture TNK-BP in 2013, and faces a total of $23.5 billion in debt repayments in 2015. Rosneft has applied for funds from the National Wealth ...

    Comment?

  12. Why I Prefer Surgutneftegaz Preferred Over Common Stock? Its 21% Dividend YieldRead the original story w/Photo

    Friday Jun 5 | Seeking Alpha

    ... facilitate Rosneft in refinancing some of its debt load, taken on in relation to the 2013 $55 billion purchase of TNK-BP from BP (NYSE: BP ) and Alfa-Access-Renova. "Given the recent publications in national and foreign mass media with reference to ...

    Comment?

  13. New Report Available: RN Holding - Strategic SWOT Analysis ReviewRead the original story

    May 28, 2015 | PR-inside.com

    ... "RN Holding - Strategic SWOT Analysis Review", is now available at Fast Market Research RN Holding, formerly OJSC TNK-BP Holding, is a vertically integrated energy company. The company undertakes acquisition, exploration, development and production ...

    Comment?

  14. Review of 9 world oil prices for May 18-22Read the original story w/Photo

    May 25, 2015 | Trend

    ... was at $63.63 per barrel last week. The main producers of Urals oil is Rosneft, Lukoil, Surgutneftegaz, Gazprom Neft, TNK-BP and Tatneft companies. Abroad, this oil is known under the name Siberian Light. In Russia, oil futures for Urals are traded ...

    Comment?

  15. Megadeals Fuel Hot Start to Offshore Transactions in 2015Read the original story

    May 20, 2015 | Isle News

    ... three USD5bn deals, and in that case, two of the three were related to a single transaction, the acquisition of TNK-BP. Low interest rates and cash on balance sheets have helped drive big deals, while M&A has proved a quick way to add revenue at a ...

    Comment?

  16. Strong Start to the Year for Isle of Man M&a DealsRead the original story

    May 20, 2015 | Isle News

    ... three USD5bn deals, and in that case, two of the three were related to a single transaction, the acquisition of TNK-BP. Low interest rates and cash on balance sheets have helped drive big deals, while M&A has proved a quick way to add revenue at a ...

    Comment?

  17. Review of 9 world oil prices for May 4-8Read the original story w/Photo

    May 10, 2015 | Trend

    ... was at $64.07 per barrel last week. The main producers of Urals oil is Rosneft, Lukoil, Surgutneftegaz, Gazprom Neft, TNK-BP and Tatneft companies. Abroad, this oil is known under the name Siberian Light. In Russia, oil futures for Urals are traded ...

    Comment?

  18. Ex-Trade Minister Joins Oligarchs' 19bn FirmRead the original story w/Photo

    May 7, 2015 | LBC 97.3

    ... according to a person close to the firm. L1 was established by Mr Fridman and German Khan, a fellow shareholder in TNK-BP, the lucrative former Russian ?joint venture of Britain's second-biggest oil company. Another of TNK-BP's investors was Len ...

    Comment?

  19. Weekly Wrap: Darth Vader, Debaltseve and the Kind PineappleRead the original story w/Photo

    May 7, 2015 | The St. Petersburg Times

    ... Death Star, or gross misspending of money on it (Rosneft has a debt of $37 billion due to its cheeky acquisition of TNK-BP), or ruining the national imperial currency. And even if they did, they apparently did not ask about the little loophole in ...

    Comment?

  20. a 'Read the original story w/Photo

    May 5, 2015 | The St. Petersburg Times

    ... positions. Rosneft, which is under Western sanctions due to Moscow's role in the Ukraine crisis, bought its peer TNK-BP for $55 billion in 2013, partly using loans and other financial tools. It has asked for funds from one of Russia's two rainy-day ...

    Comment?