Rosneft closes TNK-BP deal, now world's largest oil producer

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Russian state oil company, Rosneft, has closed a 43-billion-euro deal making it the world's largest oil producer.

That represents a victory for the company's chief executive Igor Sechin, a close confidant of Russian President Vladimir Putin, and sees the government tighten its grip on the energy sector.

It is the biggest deal in Russia's corporate history.

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http://www.euronews.net/

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