BP to remain in Sakhalin project
BP PLC will remain in the Sakhalin project in Russia despite the joint venture's decision to temporarily stop drilling work on the gas fields.
BP, Rosneft sign off on TNK-BP Updated: 08:08, Friday November 23, 2012 British oil major BP and Russian group Rosneft say they have signed a final agreement on the sale by BP to Rosneft of half of the third biggest Russian oil company, TNK-BP, as part of a major shift in strategy by the British company.