Behind the expanding wellness chain sits an investment group founded by Russian oligarchs since hit by sanctions over Ukraine ...

MOSCOW—Russian state oil company OAO Rosneft said it would offer around $1.5 billion to buy out minority shareholders in its TNK-BP Holding subsidiary, sending TNK-BP stock higher even though ...

In a recent deal, BP (NYSE:BP) sold out its 50% stake in TNK-BP, one of the biggest private oil companies of Russia, to Rosneft. The final standing of BP after the deal was its 19.75% stake in ...

MOSCOW, March 22 (UPI) -- Russian energy company Rosneft announced it completed transactions necessary to fully acquire Anglo-Russian joint venture TNK-BP. "We are delighted to close this ...

According to the company, this $8 billion is equivalent to the value of its entire original investment in TNK-BP. On Thursday, Russian oil company Rosneft finalized two purchases totaling $44.3 ...

Rosneft announced on Thursday completion of transactions whereby it has acquired the respective stakes of 50% in TNK-BP held by British supermajor BP and the Alfa-Access-Renova (AAR) consortium of ...

But investing in the Russian oil and gas sector has often been a bruising experience for foreign companies – and none more so than UK-based oil major BP, which is currently on the verge of exiting its ...

MOSCOW - Russian oil producer TNK-BP Ltd. wants to gain access to U.S. tight oil projects in order to get expertise that can be used on deposits in Russia, the company's senior vice president for ...

BP PLC is selling its half-interest in TNK-BP to Rosneft in a transaction that will expand its stake in the buyer, an ill-fated deal with which has soured the UK company's relations with its TNK ...

Buying TNK-BP will give OAO Rosneft production and reserves that surpasses Exxon Mobil Corp., the world’s largest publicly traded oil company. The similarities between the biggest Russian and U.S. oil ...

Russian state-owned oil giant Rosneft strengthened its hold on the country’s lucrative oil industry when it sealed a deal Monday to buy TNK-BP, the 50-50 joint venture between BP, the British ...