British business minister holds talks with BP CEO on Rosneft stake -source

Britain's business secretary, Kwasi Kwarteng, held talks on Friday with BP Chief Executive Bernard Looney to express "concern ...

Is oil major BP finally back from the brink?

Pressure on boss Murray Auchincloss to deliver returns to investors may finally be easing after a recovery in the share price ...
Upstream

TNK-BP offers to buy BP stake

TNK-BP has offered to buy a 5% stake in BP for £5 billion ($8.16 billion) in an attempt to resolve a dispute over BP's proposed deal with Russia’s Rosneft. BP's Russian joint venture would buy the BP ...
OSW Centre for Eastern Studies

Derogation of Rosneft’s German assets from US sanctions

On 29 October, the United States temporarily (until 29 April 2026) exempted the Germany-registered Rosneft Deutschland (RND) and RN Refining & Marketing (RNRM) from sanctions imposed a week earlier on ...

European markets rise, oil prices jump on OPEC+ decision

Key European stock indexes started the week with gains, boosted by the oil sector and expectations for a range of corporate ...

Italy's Eni to sell stake in Blue Stream pipeline co-owned with Gazprom

Italian energy group Eni said it planned to sell its stake in the Blue Stream pipeline carrying Russian gas to Turkey that it ...