Focus
oil companies
Chinese Oil Companies to Skip Iran Oil Bookings for November as US Sanctions Near
Washington is set to impose sanctions on oil exports from Iran to force Tehran to halt its ballistic missile program. China is Iran’s biggest buyer.
Russia’s Rosneft Buys British Petroleum Venture
British Petroleum Plc on Oct. 22 sold its 50 percent stake in TNK-BP to Rosneft, Russia’s biggest oil company. This marks the end of BP’s adventure into Russian oil exploration and production via TNK-BP.
