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Tag: Siberian court rule against BP

BP forced to pay out £1.8bn by court in Siberia

8th August 201224th April 2017

A Siberian court has ruled that the oil giant, BP, must pay its joint venture partner, TNK-BP $3billion (£1.8bn) in damages because of an aborted deal in which they were going to partner Russia’s state oil firm, Rosneft, in an Arctic exploration. BP plan to appeal against the ruling and a lawyer for the company […]

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