Rosneft Gets Final Say in BP Tie-Up

Rosneft finds itself in a peculiar position this week after an international arbitration tribunal decided to give it the last word on a $16 billion tie-up — not with BP as it had hoped but rather with TNK-BP, a smaller rival that it has expressedly not wanted to work with. The tribunal ruled Friday that TNK-BP must take BP’s place in the deal and that, if […]