NEWS ARCHIVE

BP smokes $12B peace pipe with oligarch

RUSSIAN oligarch Mikhail Fridman has rekindled his tempestuous relationship with BP, which has just signed off on the $US12 billion ($A15.56 billion) West Nile Delta project with his Letter One Group investment vehicle.

BP smokes $12B peace pipe with oligarch

The relationship was strained when BP CEO Bob Dudley often had run-ins with Fridman and his partners who reportedly pressed for his dismissal in a bitter dispute for control of BP's Russian joint venture...

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