Energy News: Chevron's Reputation as a Major Polluter Grows
This column highlights the most interesting and useful business and financial commentary on energy from around the Web. Rigzone Link: BP Agrees Terms for Sale of TNK-BP to Rosneft “BP (NYSE:BP) confirmed Monday in a statement to the London Stock Exchange that it has agreed 'heads of terms' to sell its 50-percent stake in Russian subsidiary TNK (MCX:TNBP)-BP to Rosneft (PINK:RNFTF) for $28 billion. The announcement came after BP stated earlier Monday that it was "in advanced discussions" with the Russian state oil company.   “The payment - a mixture of $17.1 billion cash and shares representing 12.84 percent of Rosneft - ...
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