Showing posts with label Deepwater Horizon explosion. Show all posts
Showing posts with label Deepwater Horizon explosion. Show all posts

17 January 2011

BP, Rosneft in Landmark Swap

By Howard Amos

Putin meeting with Dudley, left, and Sechin, fourth left, at his Novo-Ogaryovo residence near Moscow on Friday.

Positive experience gathered by BP in the aftermath of the Deepwater Horizon disaster, the largest oil leak in U.S. history, contributed to Rosneft's decision to strike an $8 billion share-swap and wide-ranging cooperation agreement with the international oil giant Friday night.