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BP to sell stake in TNK-BP
Oil giant BP plans to sell its stake in Russian oil company TNK-BP which was set up with Alfa Access Renova in 2003.
BP says it has received unsolicited indications of interest over its shareholding and has notified Alfa Access Renova of its intention to pursue a potential sale.
BP says there can be no guarantee that any transaction will take place and a further announcement will be made when and if appropriate.
At 8:54am: (LON:BP.) BP share price was +15.35p at 410.25p
Story provided by StockMarketWire.com
01/06/2012