TNK-BP Acquisition Boosts Rosneft's 1Q Production
Tuesday, April 30, 2013 Rosneft enjoys an 82.4% boost to its production of hydrocarbons thanks to the TNK-BP acquisition.
Rosneft to Achieve $2.4B Synergies with TNK-BP Integratioin
Tuesday, April 23, 2013 Rosneft sees it achieving $2.4 billion of synergies over the next three years from its integration with oil company TNK-BP.
TNK-BP Boosts Production, Reserves
Thursday, March 28, 2013 TNK-BP reports that it boosted its hydrocarbon production by 1.8 percent during 2012, while its total proved reserves hit 9.8 billion barrels.
Rosneft Approves Loan of up to around $10 Billion from TNK-BP
Tuesday, March 26, 2013 Russian state-owned oil giant Rosneft's board of directors has approved a potential loan worth up to around $10 billion from TNK-BP, a joint-venture recently acquired by the Russian oil major, for a period of five years.
BP Pays Down $4.5B of Debt with TNK-BP Proceeds
Friday, March 22, 2013 After using $8 billion of cash received from Rosneft to buy back stock, BP intends to use the remaining $4.5 billion to reduce its debt.
Rosneft Becomes World's Largest Listed Oil Producer with Completion of Deal
Thursday, March 21, 2013 Rosneft closes deals worth around $55 billion to take over TNK-BP and become the world's largest listed oil producer, with BP as a major shareholder.
Russian Tycoons Sound Out Ex-BP Chiefs about Oil Deals
Thursday, March 14, 2013 Members of Alfa Group, which is to benefit to the tune of billions from Rosneft's takeover of TNK-BP, talk to former BP CEOs John Browne and Tony Hayward about investing in international oil projects.
Rosneft's TNK-BP Takeover Completed by End March
Tuesday, March 12, 2013 Rosneft's $55 billion takeover of TNK-BP will be completed by the end of March, according to sources.
TNK-BP Profit Down in 4Q 2012
Thursday, February 28, 2013 Rosneft acquisition TNK-BP reports that its fourth quarter net profit fell 11 percent year-on-year.
TNK-BP to Target US Tight Oil
Wednesday, February 20, 2013 TNK-BP wants to gain access to US tight oil projects, according to an executive at the firm.
Rosneft Approves $14.2B Deal to Buy TNK-BP
Wednesday, February 13, 2013 Rosneft says its board of directors have met to approve a $14.2B financing deal to fund its acquisition of 50-percent of TNK-BP from AAR.
Russia's Rosneft to Lead Junin-6 Oil Project in Venezuela
Tuesday, January 29, 2013 Oil giant OAO Rosneft will become the leader of a Russian consortium that runs the Junin-6 oil block in Venezuela, a project being developed in partnership with state energy monopoly Petroleos de Venezuela.
Halliburton 4Q, Full Year 2012 Revenues Rise
Friday, January 25, 2013 Halliburton saw record increases in its fourth quarter and full year 2012 revenues, but recorded a decline in its total year 2012 operating due to higher costs.
Russian Oil Production to Peak Soon
Tuesday, January 22, 2013 Fitch Ratings estimates Russian oil production will probably peak within the next few years as gains from new fields are offset by falling output from brownfield sites.
AAR To Invest Main Proceeds From TNK-BP Sale In Russia
Tuesday, December 25, 2012 The AAR consortium of Soviet-born billionaires will invest the main proceeds from a sale of stake in Russo-British oil venture TNK-BP into Russia's economy, Interfax news agency reported.
Rosneft Gets $16.8B In Loans, Eyes Trade-Finance Deal With Traders
Monday, December 24, 2012 Rosneft says it has raised $16.8B in bank loans and also plans to sign a trade-finance package with two international oil traders to finance the buyout of TNK-BP.
Rosneft Signs Deal with AAR for TNK-BP Stake
Wednesday, December 12, 2012 Russia's Rosneft signs $28 billion deal with Alfa-Access-Renova for AAR's 50-percent stake in TNK-BP.
Rosneft Nears Agreement with AAR on Sales of $28B TNK-BP Stake
Tuesday, December 11, 2012 Russian oil giant Rosneft is close to a deal that could see it buy Alfa-Access-Renova's 50-percent stake in TNK-BP for $28 billion.
Medvedev Says Rosneft's TNK-BP Deal an 'Exception' to Privatization Plan
Monday, November 26, 2012 Dmitry Medvedev, the Russian Prime Minister, says TNK-BP deal was an exception to the Russian state's plans to sell down its stake in Rosneft.
Russian Government Approves Rosneft's TNK-BP Acquisition
Wednesday, November 21, 2012 Russia's government has approved Rosneft's $55 billion acquisition of TNK-BP from BP and its partners, a spokeswoman for Deputy Prime Minister Arkady Dvorkovich said.