Licamele Says BP-Rosneft Deal `Breakthrough' for Russia
694 views · Published 23 March 2012 · 7:51 · Indexed 22 September 2026
Channel: Bloomberg Originals · 2012 · Entertainment
Jan. 14 (Bloomberg) -- Scott Licamele, a consultant for Emerging Markets Investment Advisory, and Bloomberg's Ryan Chilcote talk about BP Plc's agreement with Russian state oil producer OAO Rosneft to form a global strategic alliance.
BP will take 9.5 percent of Rosneft shares after the agreement and the Russian company will hold 5 percent of BP, valued at $7.8 billion, according to a statement released during a signing ceremony in London. The companies agreed to develop three blocks in Russia's Arctic Ocean. Licamele and Chilcote talk with Pimm Fox and Julie Hyman on Bloomberg Television's "Taking Stock." (Source: Bloomberg)
More from this channel
-
0:17
Pens Tie Stanley Cup Series - Bloomberg
-
0:35
Hardware Price Too High - Activision - Bloomberg
-
0:31
FDIC Seeks Citigroup Shares-Up - WSJ - Bloomberg
-
0:44
Bank Have More Accounting Leeway - Bloomberg
-
0:32
Lakers Beat Magic 100-75 - Bloomberg
-
0:30
Johnson Wins 300th Game - Bloomberg
-
1:13
GM Expects To Sell Saturn To Penske Automotive - Bloomberg
-
1:01
Broadway At Tony Awards - Bloomberg