Rosneft Delays End of $3 Billion Lawsuit Against BP
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OAO Rosneft asked a Siberian court to wait before dropping a 100 billion-ruble ($3 billion) lawsuit brought against BP Plc by a minority shareholder in OAO TNK-BP Holding, a unit of the Russian oil venture it’s acquiring.
Rosneft sought a two-month delay on a decision on minority shareholder Andrey Prokhorov’s request to drop his case until TNK-BP Holding forms its position on the withdrawal of the case, according to a petition seen by Bloomberg News.