  The study of CP violation in \Bs\, oscillations is a key measurement at the
LHCb experiment. In this document, we discuss the latest LHCb results on the
CP-violating phase, called $\phi_s$, using \BsJKK\, and \BsJpipi\, channels. To
conclude on the presence of New Physics in $\phi_s$, the estimation of the
sub-dominant contributions from the Standard Model becomes crucial now. We
outline a method to estimate the contribution of penguin diagrams in $\phi_s$.
Branching fractions and upper limits of \BdKshh\,($ h^{(')}=K,\pi)$\, modes are
presented.
