Mon, Oct 22, 2012 - Page 15 News List

BP, Rosneft set for US$25bn-plus deal: source

ENERGY SOURCES:The deal would give the state-controlled Russian energy firm extra cash flow to finance exploration of Russia’s vast reserves to replace depleting fields


This has been mainly due to the 2010 US Gulf oil spill, but the increasingly bitter wrangles with AAR have played their part too.

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