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Feud between BP and its Russian partners in TNK-BP

 

The Wall Street Journal Home Page

A Russian CEO Fined on Labor

August 9, 2008; Page B3

Anglo-Russian oil joint-venture TNK-BP on Friday said a Moscow court fined its Chief Executive Robert Dudley 500 rubles ($21) for violations of Russia’s labor law. The Federal Labor and Employment Service asked the court to look into a number of violations relating to labor protection and the use of a foreign work force. The ruling is the latest episode in the battle for control of the company between TNK-BP’s 50:50 shareholders, U.K. oil major BP PLC and a group of Russian tycoons.

http://online.wsj.com/article/SB121824741502626649.html

 

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