Will Darth Vader be BP's newest board member?
Why is BP getting grief in the United States and Great Britain over its $7.8 billion share swap with Rosneft? Because 1) Since Winston Churchill, BP has been a strong, sometimes pivotal influence on...
View ArticleThe Kremlin's take-it-slow British invasion
As we've discussed, one of the items brushed under the carpet in the BP-Rosneft share swap has been whether the state-owned Russian company -- and hence the Kremlin -- will get a seat on BP's board of...
View ArticleThe Weekly Wrap: Jan. 28, 2011
Tunisian contagion, but not in big petro-states: Asstreet protests have struck Egypt and Yemen, we have seen general forecasts of a shakeup in Middle Eastern dictatorships, inspired by the successful...
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For BP, hope dies last in Russia
BP's new tie-up with state-owned Russian oil company Rosneft tracks back to a tension-filled 2008 power struggle in which Rosneft Chairman Igor Sechin (pictured above with Vladimir Putin) engineered...
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BP, Khodorkovsky and how Russia is ruled
The upside of BP's latest brawl in Russia is how much we are learning about how the place works. As you recall, in January BP CEO Bob Dudley trotted out a bodacious deal in which BP and Russia's...
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For the lack of a few billion dollars, a BP renaissance falls apart
Why at this point does it look like Bob Dudley's 11th-hour effort to resurrect BP's global image has failed? Because he and his Russian oligarch partners could not bridge more or less a $10 billion...
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When wrong-footing four oligarchs can cost $10 billion
BP, faced with Shakespearean-scale woes from Louisiana to Moscow, went to extra-legal lengths to avoid exploring Russia's oil-rich Arctic alongside its four oligarch partners. Now that it's been told...
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Is BP's latest fiasco evidence of Russian law or Russian chess?
Are we to believe President Dmitry Medvedev, who says that the collapse of BP's blockbuster oil deal in Russia is all a simple matter of the rule of law -- that CEO Bob Dudley was violating a...
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Horse-trading with Russia wins Exxon the Arctic gold
ExxonMobil has emerged the surprising big winner from the breach made earlier this year by BP's fumbling of its blockbuster agreement with Russia's state-owned Rosneft oil company. In a $3.2 billion...
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