Once bitten, twice shy. BP would claim it was indeed following this salutary advice when it returned to Russia in 2003 to sign a joint venture agreement with the same oligarchs who had fleeced the company of its previous...
02 July 2008By Miriam ElderThe future of TNK-BP's daily operations was thrown into doubt on Tuesday as officials inside the embattled firm warned that CEO Robert Dudley was among the foreign staff that might soon be forced to...
BP’s grip on its Russian oil joint venture was slipping on Monday after authorities in Moscow refused work permits to many of the company’s foreign executives in a ruling that could see all of them forced out of the country by...
By Dmitry Zhdannikov MOSCOW (Reuters) - The head of BP's (BP.L: ) Russian oil venture TNK-BP TNBPI.RTS may have to leave Russia within weeks, at least temporarily, due to work permit problems as a corporate row escalates, a...
BP warned today that its key Russian joint venture, TNK-BP, would be "definitely damaged" if the chief executive, Bob Dudley, and other senior directors are forced to leave the country, as seems likely, in a row over work...
MOSCOW, July 1 (UPI) -- Russian authorities told TNK-BP in Moscow that its foreign workers won't have their work visas renewed, company sources said. If the issue is unresolved and TNK-BP's foreign workers are mandated to leave...
Whatever expectations one has of the Russian government and civil institutions, they always disappoint. The abuse of tax and visa laws to eliminate BP’s hold on its Russian oil joint venture TMK-BP is the latest in a long line...
Russian authorities told TNK-BP in Moscow that its foreign workers won't have their work visas renewed, company sources said.If the issue is unresolved and TNK-BP's foreign workers are mandated to leave the country -- including...
LONDON (Thomson Financial) - Top foreign executives of TNK-BP, including chief executive Robert Dudley, may have to leave Russia within a matter of weeks after they failed to get their work permits extended. Nearly a hundred...
MOSCOW — The head of BP's Russian oil venture TNK-BP may have to leave Russia within weeks, at least temporarily, due to work permit problems as a corporate row escalates at the company, a source said on Tuesday. “Everybody,...