icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm

AAR disappointed at TNK-BP board meeting outcomes

AAR disappointed at TNK-BP board meeting outcomes
The Russian co-owner of Russian-British oil joint venture TNK-BP – the AAR Consortium – has said it was disappointed that BP shareholders rejected the proposals to reform the venture on Friday.

All four resolutions drafted by AAR were turned down by BP at the TNK-BP`s board meeting in Cyprus on Friday.

AAR proposed dismissing Robert Dudley as TNK-BP head , giving the company's new head more powers and extending the terms of office for Russian managers.

Podcasts