Russia could Own Parts of BP??

Author
Discussion

Jimbeaux

Original Poster:

33,791 posts

232 months

Friday 14th January 2011
quotequote all
Could this be troublesome or actually secure more resources for the U.K.

http://www.bbc.co.uk/news/business-12195576

Ozzie Osmond

21,189 posts

247 months

Friday 14th January 2011
quotequote all
Interesting one if it opens new opportunities while resolving previous "tensions" between BP and Russia.

USA's jingoistic kicking of BRITISH Petroleum, which is about as British as most American companies, has hardly encouraged them to plan a bright future exclusively in bed with Uncle Sam.

V8A*ndy

3,695 posts

192 months

Friday 14th January 2011
quotequote all
So Putin will be subcontracting USA companies burger

Jimbeaux

Original Poster:

33,791 posts

232 months

Friday 14th January 2011
quotequote all
Ozzie Osmond said:
Interesting one if it opens new opportunities while resolving previous "tensions" between BP and Russia.

USA's jingoistic kicking of BRITISH Petroleum, which is about as British as most American companies, has hardly encouraged them to plan a bright future exclusively in bed with Uncle Sam.
Don't miss a chance to jab us even though the thread has zero to do with Yanks. wink It may help ease previous tensions between BP and Russia, but you speak as if you trust them as part owners. BTW, we kick our own compnies with equal zeal, I can produce records that would put you to sleep. The governmental probe has placed equal blame on the subcontractors. Oil drilling and new permits are doing fine here thank you. smile Anyway, back to BP and Russia. Any new opportunities will almost surely be in King Putin's favor.

Edited by Jimbeaux on Friday 14th January 21:11

Jimbeaux

Original Poster:

33,791 posts

232 months

Friday 14th January 2011
quotequote all
V8A*ndy said:
So Putin will be subcontracting USA companies burger
That would be cool.

petemurphy

10,132 posts

184 months

Friday 14th January 2011
quotequote all
great that will piss of the americans will teach them to make bp a scapegoat ( sorry jim )

elster

17,517 posts

211 months

Saturday 15th January 2011
quotequote all
I did have chuckle at the fact there was a Union Flag and Russian Flag at the press conference.

Share exchange. BP takes 9.5% of Rosneft and they get 5% voting share of BP.


Ozzie Osmond

21,189 posts

247 months

Saturday 15th January 2011
quotequote all
Jimbeaux said:
we kick our own companies with equal zeal
Totally irrelevant and not the point I was making. No-one had called BP anything but "BP" for decades and in the real world it is highly debateable whether it's actually a British company at all, albeit the primary listing is in London. Fact is that most of USA was falling over itself to blame a foreign company for the problem and constantly emphasising the "BRITISH Petroleum" angle. The company even had to stick an American in charge just to shut them up. Aggressive Congressmen, amongst others, made copious threats and challenges about the future ability of BP to do business in USA. That's the point.

Jimbeaux

Original Poster:

33,791 posts

232 months

Saturday 15th January 2011
quotequote all
petemurphy said:
great that will piss of the americans will teach them to make bp a scapegoat ( sorry jim )
I think that could end up being the least of their urgencies with the Russians in their bed. wink

Jimbeaux

Original Poster:

33,791 posts

232 months

Saturday 15th January 2011
quotequote all
Ozzie Osmond said:
Jimbeaux said:
we kick our own companies with equal zeal
Totally irrelevant and not the point I was making. No-one had called BP anything but "BP" for decades and in the real world it is highly debateable whether it's actually a British company at all, albeit the primary listing is in London. Fact is that most of USA was falling over itself to blame a foreign company for the problem and constantly emphasising the "BRITISH Petroleum" angle. The company even had to stick an American in charge just to shut them up. Aggressive Congressmen, amongst others, made copious threats and challenges about the future ability of BP to do business in USA. That's the point.
The point is that that idiot Barack has no love for big business because he is a hard left Democrat and has it in for all such organizations regardless of nationality. Check my posts on the BP spill, you will find only support for BP from me. ETA: If staying "on point" is an issue to you, then stick to the thread topic and don't toss in a Yank angle on your very first post. wink

Edited by Jimbeaux on Saturday 15th January 02:45

davepoth

29,395 posts

200 months

Saturday 15th January 2011
quotequote all
Funny thing is, they stopped being British Petroleum mainly because they were doing lots of business in the US, and had a lot of US ownership. It's about as British as Cadbury...

jeff m

4,060 posts

259 months

Saturday 15th January 2011
quotequote all
If you check your pension fund you'll likely find you also have a bit of BP.

With regard to that particular deal, I wouldn't mind 1% of what was in the brown paper bag.

Ozzie Osmond

21,189 posts

247 months

Saturday 15th January 2011
quotequote all
Jimbeaux said:
The point is that that idiot Barack has no love for big business because he is a hard left Democrat and has it in for all such organizations regardless of nationality. Check my posts on the BP spill, you will find only support for BP from me. ETA: If staying "on point" is an issue to you, then stick to the thread topic and don't toss in a Yank angle on your very first post. wink
So if I'm not allowed to mention USA how come you're immediately talking about the US president?? What has he, in your analysis, got to do with BP and Russia??

JungleJim

2,336 posts

213 months

Saturday 15th January 2011
quotequote all
an area of roughly equal size and prospectivity to the north sea, can only be a good thing .

dandarez

13,293 posts

284 months

Saturday 15th January 2011
quotequote all
Jimbeaux said:
Ozzie Osmond said:
Interesting one if it opens new opportunities while resolving previous "tensions" between BP and Russia.

USA's jingoistic kicking of BRITISH Petroleum, which is about as British as most American companies, has hardly encouraged them to plan a bright future exclusively in bed with Uncle Sam.
Don't miss a chance to jab us even though the thread has zero to do with Yanks. wink It may help ease previous tensions between BP and Russia, but you speak as if you trust them as part owners. BTW, we kick our own compnies with equal zeal, I can produce records that would put you to sleep. The governmental probe has placed equal blame on the subcontractors. Oil drilling and new permits are doing fine here thank you. smile Anyway, back to BP and Russia. Any new opportunities will almost surely be in King Putin's favor.
I have to agree that your probe did genuinely place the blame on the others involved.
The big problem is that is not the message the man in the street hears. Ask the unknowledgeable and they would all 'think' BP is solely to blame, simply because that is the propaganda message being fed. Most would not even have a clue any others were involved!

We all hear the world is now 'global'. Russia is part of the global structure. This will cause erruptions, it's already doing so.

The telling point, from this side of the water, is that Greenpeace environmentalists are immediately 'against' this move. For many Brits, sick to death of environmentalists being infiltrated by climate change nutcases, will think the opposite.
ie: If Greenpeace is against it, then it must be a 'good move' by BP!

Jimbeaux

Original Poster:

33,791 posts

232 months

Saturday 15th January 2011
quotequote all
Ozzie Osmond said:
Jimbeaux said:
The point is that that idiot Barack has no love for big business because he is a hard left Democrat and has it in for all such organizations regardless of nationality. Check my posts on the BP spill, you will find only support for BP from me. ETA: If staying "on point" is an issue to you, then stick to the thread topic and don't toss in a Yank angle on your very first post. wink
So if I'm not allowed to mention USA how come you're immediately talking about the US president?? What has he, in your analysis, got to do with BP and Russia??
I was addressing the can of worms you opened. Now that we have both had a rebuttal, may we remain on topic so as not to not torture the other posters?

Jimbeaux

Original Poster:

33,791 posts

232 months

Saturday 15th January 2011
quotequote all
dandarez said:
I have to agree that your probe did genuinely place the blame on the others involved.
The big problem is that is not the message the man in the street hears. Ask the unknowledgeable and they would all 'think' BP is solely to blame, simply because that is the propaganda message being fed. Most would not even have a clue any others were involved!
The news is has been rather soild in reporting the shared blame. The "man on the street" has heard it but has long since moved on from the issue. Additionally, anything spouted from Barack's administration is taken with skepticism anyway. smile

GTIR

24,741 posts

267 months

Saturday 15th January 2011
quotequote all
Cameron has "welcomed" the deal. confused
Why? What's it got do with the UK?

Rosneft are a relative new company and only became a big player after buying the company - Baikalfinansgrup which was set up in 2003 - bought the Yukos production platform that had to sold to pay a mahoosive tax bill. It's now owned by state members, and a Swiss bloke!

I'd trust the Ruskys over the Yanks anyday.

HowMuchLonger

3,004 posts

194 months

Saturday 15th January 2011
quotequote all
BP have an excellent history in Russia rolleyes

Hope this works out better than the last few times.

GTIR

24,741 posts

267 months

Saturday 15th January 2011
quotequote all
HowMuchLonger said:
BP have an excellent history in Russia rolleyes

Hope this works out better than the last few times.
I'm guessing its in Rosneft's interests to cooperate as they are in bed together, as it were, and BP has the deep drilling technology and knowhow (is that a real word?) so it'll not be a fruitless exercise as it has been for many western companies previously.