Slugcatcher welcomes Bolshoi Petroleum, the new BP

AND the loser is: the United States! That's Slugcatcher's view of the ground-breaking deal which has seen BP, the old British Petroleum, hitch its star to a shared future with Russia and perhaps acquire a new nickname in the process.

Not everyone will agree with how BP has climbed deeper into bed with Russia, a country with a century-old habit of turning into a tar pit, soaking up shareholder funds and destroying entire companies

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