(EnergyAsia, June 22) — Russia’s TNK-BP said it has agreed to sell affiliate oil company Udmurtneft to China’s Sinopec after a rigorous tender process which was launched at the end of last year. Udmurtneft produces around 115,000 b/d of crude oil, mostly in the Urals. The deal marks an important win for Sinopec, which beat out competition…
