LONDON (AFX) – Lord Browne, chief executive of BP PLC, has assured that the oil giant’s US$6.8 billion investment in Russia is protected from oil price volatilities. TNK-BP’s business, which it jointly owns with Russia’ TNK, is “robust” even to lower oil prices, he told reporters in a news conference. That was while he admitted…
RUSSIA: BP’s Browne assures Russian investment protected from oil price shocks
Posted on October 31, 2003 by EnergyAsia