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Friday, November 21st, 2008

Posts Tagged ‘ Oil Monopoly ’

BP Caving to Kremlin Pressure Over Joint Venture

Apr 8th, 2008 | By Jason Simpkins | Category: Oil Investment & Alternative Energy

BP PLC (BP) has found itself under pressure from the Kremlin to cede control of its joint venture in Russia, TNK-BP Holding OAO, to a state-owned oil monopoly such as Rosneft NK OAO or Gazprom OAO - the latest attempt by the Russian government to expand its energy monopoly and drive out international oil majors.

Tags: BP, Dmitry Medvedev, energy, FSB, Gazprom, oil, Oil Monopoly, RDS.A, Robert Dudley, Shell, TNK-BP, Yukos Oil
Posted in Oil Investment & Alternative Energy | No Comments »

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