Siberian Court Orders Bp Lawsuit Trial

A Siberian court has ordered a new trial in a $12.15 billion lawsuit against BP brought last year by a minority shareholder in its conflict-plagued Russian venture, TNK-BP Ltd., a BP lawyer and the state news agency reported.

Topics:  siberian   russian   tnk-bp ltd   bp   lawsuit   trial   
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    Although some analysts are cautious about predicting Russia’s success at shale development, given the many obstacles in countries outside the U.S., oil giant BP last month predicted that Russia will become the world’s second-largest tight oil producer ...
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  • Siberian Court Orders BP To Pay $3.1 Billion
    (RFE/RL) — An arbitration court in Siberia ... venture partner TNK-BP over the British company’s attempt to form an alliance with rival Russian state-controlled oil company Rosneft. The verdict comes in response to a lawsuit launched last year by ...
    07/27/2012 - 8:53 am | View Link
  • Siberian court orders BP to pay TNK-BP $3bn in damages
    The lawsuit comes as TNK-BP released results showing profit had fallen to $808m from $2.2bn in the second quarter. The result was down to changes in export taxes. On the legal decision a spokesman for BP said: “We consider the Court decision as unjustified.
    07/27/2012 - 1:22 am | View Link
  • Siberian Court Orders BP To Pay $3.1 Billion
    An arbitration court in Siberia has ... joint venture partner TNK-BP over the British company's attempt to form an alliance with rival Russian state-controlled oil company Rosneft. The verdict comes in response to a lawsuit launched last year by Andrei ...
    07/26/2012 - 1:00 pm | View Link
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