TNK-BP to invest $45 bln in oil output, $4 bln in refining over 10 years

Russian-British joint venture TNK-BP will invest $45 billion in oil extraction and $4 billion in oil refining in the next 10 years, TNK-BP Executive Vice-President Stan Miroshnik said on Thursday. “The implementation of our strategy in oil extraction will require a $45-billion investment over the next ten years. In oil refining, which is our second […]