QUOTE AND NEWS
Upstream Online  Jan 27  Comment 
TNK-BP Finance on Wednesday launched its $1 billion two-part note sale in the rule 144a private placement market, said IFR, a Thomson Reuters service.
Upstream Online  Jan 27  Comment 
TNK-BP, Russia's third-largest oil producer, plans to issue around $1 billion worth of Eurobonds in its forthcoming issue according to reports.
Wall Street Journal  Jan 25  Comment 
BP and its Russian co-shareholders held a joint media briefing to pronounce their tensions gone and TNK-BP's prospects bright.
Financial Times  Jan 24  Comment 
Mikhail Fridman, the interim chief executive of TNK-BP, has said the Anglo-Russian oil venture group’s Russian shareholders were prepared to surrender their controversial management role at the group
Upstream Online  Jan 21  Comment 
Joint venture TNK-BP will launch a roadshow in the United States and Europe tomorrow to drum up interest for a possible Eurobond issue to fund its operations and refinance debt.
Upstream Online  Jan 18  Comment 
German Khan, one of four billionaire shareholders in TNK-BP, today claimed the Russian oil producer is worth as much as $60 billion, about twice the company’s current market value, according to local media.
OilVoice  Dec 30  Comment 
TNKBP has significantly reduced the leak rate of its pipeline systems in 2009. In particular according to preliminary results of the year the number of oil spills from pipelines has dropped by 14
Upstream Online  Dec 17  Comment 
Russian producer TNK-BP expects to raise crude output next year to around 1.5 million barrels per day, Sergei Brezitsky, the company's vice president for upstream operations said.
Wall Street Journal  Dec 15  Comment 
TNK-BP Ltd. plans to keep expanding oil output even as the rest of the industry stagnates, thanks to a fat portfolio of new fields, said Maxim Barsky, who will run the venture.
Upstream Online  Dec 8  Comment 
Joint venture TNK-BP will up production by 2 to 2.5% next year, one of its main shareholders Viktor Vekselberg told reporters today.



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TNK-BP Holding OAO (TNK-BP Holding OJSC) is a Russia-based vertically integrated oil company. The Company was formed between 2004 and 2005 through a process of restructuring and accession of TBH heritage companies, TNK, Sidanco and ONAKO, and their respective subsidiaries. The Company is a subsidiary of TNK-BP Limited located in the British Virgin Islands. It operates in various Russia's hydrocarbon regions, including the Tyumen, Khanty-Mansiysk, Yamal-Nenetsk and Novosibirsk Regions of West Siberia; the Orenburg and Saratov Regions and the Republic of Udmurtia of the Volga-Urals; the Irkutsk Region in East Siberia, and Sakhalin in the Far East. TNK-BP operates four refineries in Russia and one in Ukraine. The Company sells its products, mostly crude oil and petroleum products, on the domestic market, as well as exports them to Europe and the Commonwealth of Independent States countries. [1]

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