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    BP wins Russian TNK-BP court cases

    euronews (in English)

    by euronews (in English)

    A court in Siberia has thrown out two huge lawsuits against BP. The decision is a key victory for the oil company in the legal battles surrounding its Russian joint venture TNK-BP. Minority shareholders had tried to sue BP for a total of more than11.5 billion euros claiming they had suffered financial losses from the failure of a planned strategic alliance between BP and Rosneft. ...