Companies
BP Russian partners say row solved
Posted 04 September 2008 @ 09:57 am GMT
BP's Russia-connected co-owners in oil company TNK-BP said on Thursday they had signed a memorandum with the oil major to solve a protracted corporate conflict.
"We just signed the memorandum, we will release full details later today... It basically means the corporate conflict is solved," Stan Polovets, chief executive of Russian consortium Alfa-Access-Renova told Reuters.
(Reporting by Dmitry Zhdannikov; editing by Melissa Akin)
Copyright 2008 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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