TNK-BP Dispute Escalates As AAR Blocks Q4 Dividend

3Legs IPO Offers Direct Exposure To Polish Shale Gas

Industry / United Kingdom Poland-focused shale gas explorer 3Legs Resources has said that it will be able to prove its blocks in the country are commercially viable by mid-2013.

BP Frozen Out Of Russian Arctic As Rosneft Deal Collapses

Industry / United Kingdom The collapse of BP's deal with Rosneft is a major blow to the company's post-Macondo strategy, and the company now finds itself in crisis in its two most important markets, the US and Russia. We do not...

Gas Price Rise Likely In April As Surging Oil Prices Hit Hard

Industry / Russia Ukrainian energy minister Yuriy Boyko has said that the price charged for gas imported from Russia looks set to rise to over US$300 per thousand cubic metres (mcm) during 2011.

TNK-BP Move To Replace BP In Rosneft Deal Unlikely To Succeed

Industry / United Kingdom Anglo-Russian joint venture (JV) TNK-BP has reportedly proposed an audacious move to replace British major BP in its US$16bn share swap deal with Russian state-owned oil giant Rosneft.

BP-Rosneft Deal On Hold After AAR Injunction Granted In London

Companies / United Kingdom British major BP's Russian adventure is off to a rocky start.