1913 Intel

International Conflict, Western World Threats and Geopolitical Intelligence

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TNK-BP: something rotten in the state of Russia

Posted by Matt in July 24th, 2008 | no comment 
Published in Oil, Russia, , , , , , , , , ,

With its tail between its legs, Britain’s biggest company is being all but chased out of Russia. BP will try to put a brave face on the retreat of Bob Dudley, still nominally chief executive of TNK-BP, to the safety of St James’s Square. But it does not look good. When you wish to assert [...]

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BP accused of ‘Goebbels propaganda’ in Russian TNK-BP row

Posted by Matt in June 16th, 2008 | no comment 
Published in Oil, Russia, , , , , , , , , , , , , , , , , , , , , ,

The BP chairman suggested that the tactics adopted by the AAR consortium were a return to the 1990s, a lawless period when many of Russia’s biggest fortunes were amassed by a small group of individuals, often referred to as oligarchs.
Mr Sutherland also pointed a finger at the Kremlin and asked why the Russian government had [...]

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Russia bullies BP - U.S. motorist, take note

Posted by Matt in June 2nd, 2007 | no comment 
Published in Britain, Energy, Oil, Russia, , , , ,

How the aggressive behavior of the world’s second largest exporter could drive prices higher for everyone.
NEW YORK (CNNMoney.com) — Russia is again flexing its energy muscle.
On Friday, reports said Russia may cancel a contract it has with BP to develop a huge natural gas field in the middle of the country, claiming BP wasn’t producing [...]

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