Advertising Console

    Rosneft to buy half of TNK-BP?

    euronews (in English)

    by euronews (in English)

    The long running TNK-BP saga could be coming to an end.

    Reportedly the consortium of Russian billionaires that owns half of the oil company with BP wants out of the lucrative but troubled joint-venture.

    Sources said it has agreed to sell its stake to Russia's state-controlled energy producer Rosneft.

    It is not clear if BP would also then sell its half to Rosneft.