in this issue
World News and Views :: Top of the News
BP-Rosneft Collaboration Could Expand the Companies' Chemical Operations
9:27 AM MST | January 17, 2011 | Natasha Alperowicz
BP and Rosneft (Moscow) signed last week what the companies describe as a "groundbreaking strategic global alliance," the main thrust of which is to explore and develop the Russian Arctic continental shelf in the south Kara Sea, spanning a 125,000-sq kilometer area, equivalent in size and prospectivity to the U.K. North Sea. The agreement creates the first major equity-linked partnership between a state-owned and multinational oil company, BP says. Rosneft will hold 5% of BP's ordinary voting shares in exchange for about 9.5% of...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee