Leading Russian oil producers, including TNK-BP, BP's Russian affiliate, are grappling with a collapse in profits from the export of Siberian oil.
TNK-BP
Producers in turmoil as Russian oil hits $10 a barrel
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Sacked Russian environmental official Oleg Mitvol goes to court
Mitvol was appointed deputy head of the environmental regulator in April 2004, but came to international attention in late 2006 when he led a campaign against oil major Shell that resulted in a lucrative project being sold to Gazprom.
Gazprom threatens to quit TNK-BP gas deal
Gazprom, the state-controlled Russian gas group, is threatening to pull out of a deal to buy a stake in a vast east Siberian gas field from TNK-BP, BPs Russian joint venture, saying the stake is likely to be worthless.
Russian woes over $45bn debt backlog
The bruising battle for control of the TNK-BP joint venture, Russia's invasion of Georgia and a growing fear of government interference in business have left western investors wondering whether debt payment could be used as a political lever, bankers and analysts said.
Even Dimitri Medvedev cannot stop slide in Moscow’s stock market
Investors have been shedding their exposure to the Russian market, taking fright initially from the power struggle at TNK-BP and latterly from the falling oil price and the conflict in Georgia.
Exodus of capital hits Russia lending
Bankers say Russia is facing its worst crisis since the August 1998 default. The Russian stock market has plummeted more than 40 per cent since May. The conflict with Georgia was the final straw...
Russians give BP fresh ultimatum
BP risks confrontation with another arm of the Russian government after the head of the natural resources ministry warned that the UK oil company must agree a gas field deal with Gazprom by the end of the year.
Tobacco: Russian regulator launches legal action against BAT
Shell handed over a large share of its Sakhalin gas field business to the state-owned Gazprom after destabilising criticism from regulators.
Russian roulette is a risky game to play, but the rewards can be huge
A long-running dispute over control of TNK-BP, accusations of government fraud by Hermitage Capital, the investment fund, and Vladimir Putins crackdown on Mechel, the steel company, for alleged price-fixing has made investors worry about the stability of the Russian business environment.
First Shell, now BP caves in to Russians
...Robert Dudley, the BP-appointed chief executive of the company, was forced to flee Russia to a secret location in central Europe after what BP called an orchestrated campaign of harassment...
Russia aids rouble’s recovery with floor to assure investors
The exodus of cash has been prompted by concerns over a series of problems, including Russia's conflict with Georgia and the clash between several oligarchs and BP over the TNK-BP joint venture.
BP’s Russian alliance with Gazprom put on ice
Plans by energy giants BP and Gazprom to exchange assets in Russia and create an international alliance for investments around the world have been shelved.
TNK-BP joint venture dispute cools as new agreement is signed
The UK company has bowed to pressure from its Russian partners...
TNK-BP becomes independent oil major as warring sides reach deal
BP, whose shares rose 4 per cent on news of the deal, appears to have bowed to many of the Russian shareholders demands by agreeing that Robert Dudley, the chief executive of the joint venture, would leave by the end of the year.
TNK-BP Partners to Settle Conflict
MOSCOW -- BP Plc is expected to sign a deal later Thursday settling a bitter conflict with its Russian partners in TNK-BP Ltd., a person close to the British company said.
BP poised to settle TNK dispute
The deal is critical to BP which has seen its shares suffer from the dispute. This is a much better outcome for BP than people had expected, said a senior oil industry executive.
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