Tags: BP Shares Advance in New York on Talks With Russia’s Rosneft

BP Shares Advance in New York on Talks With Russia’s Rosneft

Friday, 14 Jan 2011 03:06 PM

BP PLC shares rose to an eight-month high in New York after the company said it’s in talks with Russia’s OAO Rosneft about a possible arrangement.

BP Chief Executive Officer Bob Dudley is scheduled to hold a press conference at 9 p.m. London time.

BP’s American depositary receipts rose as much as $1.90, or 4 percent, to $49.44 in New York trading, the highest since May 6.

Dudley met with Russian Prime Minister Vladimir Putin in Moscow today. A deal would be Dudley’s biggest move since he took the helm in October, charged with rebuilding the company after the worst U.S. offshore oil spill.

© Copyright 2015 Bloomberg News. All rights reserved.

1Like our page
2Share
InvestingAnalysis
BP PLC shares rose to an eight-month high in New York after the company said it s in talks with Russia s OAO Rosneft about a possible arrangement.BP Chief Executive Officer Bob Dudley is scheduled to hold a press conference at 9 p.m. London time.BP s American depositary...
BP Shares Advance in New York on Talks With Russia’s Rosneft
104
2011-06-14
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved