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Russia's Rosneft buys out TNK-BP

October 22, 2012

MOSCOW (AP) -- Russian state-owned oil giant Rosneft strengthened its hold on the country's lucrative oil industry when it sealed a deal Monday to buy TNK-BP, the 50-50 joint venture between BP, the British energy country, and a group of Russian oil oligarchs....

Source URL: http://hosted.ap.org/dynamic/stories/E/EU_BP_ROSNEFT?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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