Skip to main content

Home/ BP Holdings Barcelona & Madrid Spain/ Group items tagged Value

Rss Feed Group items tagged

george wildz

Using credit cards while investing your dollars - Steps to follow - 1 views

  •  
    Today's generation is entirely dependent on credit cards and they even use it for investment purposes. If you too are someone who uses credit cards for investment, you should exercise total control on them because there are too many chances of them getting misused. The value of the credit card can easily be used to be converted to cash with which you can start off with a new account or make changes in the existing account. The cost that you need to pay for credit cards will be above the average return of bonds and stocks. Here are some steps that you may take to invest with credit cards. Apply for the credit cards: The first step to take is to apply for a credit card and it would certainly be better if you could choose one with a low introductory fee. You might also make sure that the ability to make cash advance payments is also allowed. The cash advances will always result in interest charges irrespective of the balance of the card. Create a brokerage account: Then you might open a brokerage account, the online one in which the fees and the minimum account limitations are low enough. You can even consider opening a margin account only when you want to use the money that you're borrowing from your credit card. You should always remember that if you open a margin account and the account value depreciates, you'll have additional funds within it. Transfer money to the brokerage account: It isn't possible to trade the account until your check has been cleared by the brokerage account. Ensure that you use margin only when the security has appreciated in value. When you sell off the securities, there will be no cash available for the next two days. Monitor your account: You should also monitor the account and have a fixed plan regarding repaying the debt when the stock doesn't respond much. Buy bonds only when you anticipate a decline in the interest rates so that you may be able to sell off the bonds only during an increase in value. Roll over your card if you
  •  
    Pretty wonderful content.
zurina thyman

BP Holdings-Corporate Services - 1 views

  •  
    Raising Capital BP Holdings understands a company's need for more working capital for its growth but it also knows that the process of raising capital is a difficult one. New businesses tend to have the technical expertise in their field but are lacking in investment experience -- this is where we comes in. We can aid in securing sufficient funding for your company by putting the necessary structures with the aid of our global partners. Private Equity Through the years, BP Holdings has built solid connections with private equity investors by demonstrating our ability to see potential in companies. Because of this, we have earned their trust and have a good reputation when putting forward investments to them. Deals are formed by experts in our legal team and each deal is specifically tailored to a certain investment to ensure the correct level of growth. Business Valuation BP Holding's team of consultants are ready to help your business if you are looking at merging or acquiring a company. In valuing a business, we utilize an objective system that shows its market value accurately. We also strive to explore aspects of the business that might or might not be of any value to our client. BP Holdings has all the right experts highly-trained in handling Mergers and Acquisitions deals and putting the correct legal framework needed. Due Diligence It is highly essential to conduct a thorough due diligence before any deal is made with any party. BP Holdings looks at the firm's structure and at its operations, making sure that everything is within legal regulations. We also strive to learn of their philosophies and policies in business and check if they have demonstrated these in reality. One of the crucial aspects we check is the quality of the management team -- a good track record from its board members -- as it usually tells us if the firm will be led to the completion of its strategies and eventual success. BPH's team will assess the firm's books and give a compre
  •  
    thanks to your post i can solve some of my problems, thank you.
raine smith

BP Holdings Madrid Spanien BP meldet starke Ergebnisse für drittes Quartal, e... - 0 views

  •  
    "Basiswert 3Q 2012 ausgewiesenen Betriebsgewinns $ 5200000000, ein 40-prozentige Steigerung gegenüber dem Vorquartal. Erhöht vierteljährliche Dividende um 12,5 Prozent auf 9c einer Aktie, zahlbar in 4Q 2012. Auf dem Weg zur Bereitstellung von strategischen 10-Punkte-Plan bis 2014. Pläne zur langfristigen Free Cash-Flow-Wachstum liefern; Fokussierung und de-riskiert das Portfolio und die Erhöhung der Investitionen im Upstream. BP gab heute seine Finanzergebnisse für das dritte Quartal 2012, die Berichterstattung zugrunde liegenden Gewinn zu Wiederbeschaffungskosten, um nicht-operative Posten und Fair Value Accounting bereinigt von 5,2 Mrd. USD. Sie kündigte auch eine Erhöhung der vierteljährlichen Dividende auf 9c pro Aktie - ein Plus von 12,5 Prozent - voraussichtlich im vierten Quartal bezahlt werden. In einer Telefonkonferenz mit Finanzanalysten im Laufe des Tages, wird das Unternehmen auch eine Aktualisierung des Fortschritts gegen seine strategischen 10-Punkte-Plan für 2014, und stellen ihre künftige Ausrichtung. "BP die Leistung und die starke Fortschritte, die wir bei der Transformation des Unternehmens geben uns die Zuversicht, Ausschüttungen an unsere Aktionäre zu erhöhen machen", sagte Konzernchef Bob Dudley. "Wir sind auf dem richtigen Weg mit unserer Strategie bis 2014 und über die richtigen Grundlagen für nachhaltiges Wachstum im kommenden Jahrzehnt." BP erwartet zukünftiges Wachstum durch höhere Investitionen in neue Upstream-Projekte in höheren Margen und durch eine neue Zugangs-und Explorations generieren. BP Geschäftsportfolios wird voraussichtlich enger um seine starke bestehenden Positionen und ihre wesentlichen operativen Stärken konzentriert. 3Q 2012 Ergebnisse Drittes Quartal zugrunde liegenden Betriebsgewinn betrug $ 5,2 Mrd., verglichen mit USD 3,7 Mrd. im Vorquartal gemeldet und $ 5,5 Mrd. im dritten Quartal 2011, die vor einer Reihe von bedeutenden Veräusserungen war. Die Ergebnisse dieses Quartals profitier
raine smith

BP Holdings Madrid Spanien Third Quarter 2012 Results (Stock Exchange Announcement) | B... - 0 views

  •  
    "BP hat im dritten Quartal Wiederbeschaffungskosten (RC) betrug $ 4.687 Mio., verglichen mit $ 5.276 Mio. im Vorjahr. Bereinigt um einen Nettoverlust aus nicht-operativen Positionen von $ 321 Mio. und net ungünstigen beizulegenden Zeitwert von $ 162 Mio (beide auf einer Nach-Steuer-Basis), zugrunde RC Ergebnis für das dritte Quartal betrug $ 5.170 Mio., verglichen mit $ 5.463 Mio. Im gleichen Zeitraum des Vorjahres. In den ersten neun Monaten betrug RC Gewinn $ 9.854 Mio., verglichen mit $ 16.294 Mio. im Vorjahr. Bereinigt um einen Nettoverlust aus nicht-operativen Positionen von $ 3.475 Mio. und ungünstigen beizulegenden Zeitwert von $ 325 Millionen (sowohl auf einem Nach-Steuer-Basis), zugrunde liegende Betriebsgewinn für die ersten neun Monate betrug $ 13.654 Mio., verglichen mit $ 16.672 Mio. Im gleichen Zeitraum des Vorjahres. RC Gewinn oder Verlust für die Gruppe zugrunde liegen RC Gewinn oder Verlust und Fair Value Accounting-Effekte sind nicht GAAP-konformen Kennzahlen und weitere Informationen sind auf den Seiten 4, 19 und 21 vorgesehen. Die Konzern-Gewinn-und Verlustrechnung enthalten einen negativen Netto-Einfluss in Bezug auf den Golf von Mexiko Ölpest auf einem Vorsteuerergebnis Basis von $ 59 Millionen für das dritte Quartal und $ 882.000.000 in den ersten neun Monaten. Alle Beträge in Bezug auf den Golf von Mexiko Ölpest wurden als nicht-operative Positionen behandelt worden. Für weitere Informationen über den Golf von Mexiko Ölpest und ihre Folgen auf den Seiten 2 - 3, Anhang 2 auf den Seiten 23 - 28 und Prozesse auf den Seiten 32 bis 40. Finanzierungskosten und Finanzerträge bzw. Aufwendungen im Hinblick auf Pensionen und sonstige Altersversorgungsleistungen wurden 198.000.000 $ für das dritte Quartal, verglichen mit $ 234 Mio. im gleichen Zeitraum des Vorjahres. In den ersten neun Monaten waren die jeweiligen Mengen $ 640.000.000 und 722.000.000 $. Einschließlich der Auswirkungen auf den Golf von Mexiko Ölpest, netto Cashflow au
Katharina Adelheyd

Värdet av handeln på råvarubörserna kan minska denna skatte - 0 views

  •  
    CHENNAI, 4 MARS: Värdet av handeln på råvarubörserna är sannolikt att sjunka för första gången denna skatte sedan den första råvaruterminer utbytet började fungera i 2002. Två skäl nämns för trenden. En är den nuvarande stadigt i ädelmetaller. Det andra är att vissa investerare flyttats till mindre valörer, dvs mini massor i handeln språkbruk, efter guldpriser berört Rs 32.000 för 10 gm under första hälften av förra året. Enligt den fram marknader Commission (FMC), en arm av konsumenternas frågor departement som övervakar funktion råvaruterminer, sjönk värdet av handeln mellan 1 April 2012 och den 15 februari till Rs 151 lakh crore mot Rs 159 lakh crore under samma period för ett år sedan. 2011-12 Var värdet av råvaror handlas på börs en post Rs 181 lakh crore, upp från Rs 119 lakh crore föregående år. Statistik från FMC visar att handeln värdet i ädelmetaller sjunkit med 23.28 procent till Rs 70 lakh crore från Rs 91.32 lakh crore under samma period för ett år sedan. "Bull run i guld och silver som var bevittnat sedan 2004 stoppat i 2011. Vi har sett 40 procent korrigering i silver priset och 20 procent korrigering i guldpriset. Detta är en orsak till nedgången i värdet, säger Manoj Kumar Jain, ordförande, råvaror och valuta, IndiaNivesh råvaror. "Rörelsen i stora råvaror var hackig, denting spekulativa köp och den totala volymen, säger C.P. Krishnan, Wholetime direktör, Geojit råvaror.
Evan Carter

Year of the yuan: China's explosive currency goes global | BlogTalkRadio - 2 views

Many economists believe that the function of government intervention improves the state of affairs of the market system. The government can with no trouble put into effect the rules that can help i...

article code 85258080768 CH bp spain holdings

sorine holm

BP Holdings Barcelona-Use the Internet to run a real estate business - Make money onlin... - 0 views

  •  
    If you're looking forward to making money online, the real estate sector is what you should be focusing on. This sector has come up as a great money-making option. This is mainly because of the growth that the real estate sector has been experiencing for over the past few years. There has been an appreciable increase in the value of real estate properties, which has enhanced the potential for wealth generation as well as opportunities to make money online. Like any other online business, the real estate business involves a certain amount of risk. It is important that you know the tricks well so as to achieve success in your online endeavor. The following are some tricks that will make sure you don't regret your decision to make money through online real estate business. Create a good website - The very first step is all about creating a well-designed website. You can't expect buyers and sellers to rush in to your website just like that. There is a lot more that needs to be done than just blogging if you want an impressive flow of traffic to your website. Making money online will require you to design your website as well as add a sea of information and quality content. That's how you'll let the prospective buyers and sellers know about your potential and credibility. Website designing is possible without external help if you're knowledgeable enough. Otherwise, seek professional help.Provide quality information - Work as much as you can on making your website rich in quality and reliable information. For example, try to include maps and information on hospitals, schools, shopping malls, libraries and places of interest in your website. This will increase your website's potential to attract a sea of potential customers. It is very important that you put in property information as well. For example, information such as number and size of the rooms as well as the age of the property is of great significance to the client. You can also add infor
Andria Clinton

Tesoro has sights set on larger retail role with BP refinery purchase, bp holdings sweden - 0 views

  •  
    Tesoro Corp.'s buyout of BP plc's refinery in California, once finalized, will make the San Antonio petroleum company the biggest refiner in the state and also significantly expand its retail holdings. Tesoro announced Monday its plans to acquire BP's 266,000-barrel-per-day refinery in Carson, Calif. However, the purchase also includes a retail network of about 800 dealer-operated gas stations in Southern California, Nevada and Arizona as well as the ARCO and ampm convenience store brands. These independently owned and operated stores currently buy an average of 245,000 gallons per month wholesale from the BP refinery. This agreement with London-based BP is expected to bolster Tesoro's existing retail network, which currently consists of more than 1,375 branded stations - including nearly 590 company owned gas stations that operate under the Tesoro, USA Gasoline and Shell brands. The Carson refinery is located south of Los Angeles. Tesoro intends to integrate that refinery with its existing 97,000-barrel-per-day refinery in Wilmington, Calif. Tesoro also owns a 166,000-barrel-per-day refinery in Martinez, Calif. The purchase also includes three marine terminals; four land storage terminals; four product marketing terminals; and more than 100 miles of pipelines. Tesoro will have pipeline access to Los Angeles International Airport. The total deal is valued at $2.5 billion. San Antonio-based Tesoro (NYSE: TSO) operates seven refineries in the western United States with a combined capacity of 675,000 barrels per day. That number will jump to eight facilities once the BP refinery acquisition closes - slated for mid-2013.
Kai Lander

bp holdings capital news, TNK-BP HOLDING COMPLETES THE CONSOLIDATION OF RUSSIAN RETAIL ... - 0 views

  •  
    TNK-BP announces that all of its Russian retail assets have been consolidated within the TNK-BP Holding group of companies. In a transaction between a subsidiary of TNK-BP Holding and STBP Holdings Ltd., the TNK-BP Holding group has consolidated retail business of STBP Holdings Ltd. within Moscow city limits and the Moscow region. The transaction was valued at approximately USD 1.1 bn by an independent appraiser, S&G Partners. With the deal closed, TNK-BP Holding owns 733 retail sites across Russia under BP and TNK brands.
Christian Bruno

Use the Internet to run a real estate business - Make money online, Bp Holdings Barcelona - 0 views

  •  
    If you're looking forward to making money online, the real estate sector is what you should be focusing on. This sector has come up as a great money-making option. This is mainly because of the growth that the real estate sector has been experiencing for over the past few years. There has been an appreciable increase in the value of real estate properties, which has enhanced the potential for wealth generation as well as opportunities to make money online. Like any other online business, the real estate business involves a certain amount of risk. It is important that you know the tricks well so as to achieve success in your online endeavor. The following are some tricks that will make sure you don't regret your decision to make money through online real estate business. Create a good website - The very first step is all about creating a well-designed website. You can't expect buyers and sellers to rush in to your website just like that. There is a lot more that needs to be done than just blogging if you want an impressive flow of traffic to your website. Making money online will require you to design your website as well as add a sea of information and quality content. That's how you'll let the prospective buyers and sellers know about your potential and credibility. Website designing is possible without external help if you're knowledgeable enough. Otherwise, seek professional help. Provide quality information - Work as much as you can on making your website rich in quality and reliable information. For example, try to include maps and information on hospitals, schools, shopping malls, libraries and places of interest in your website. This will increase your website's potential to attract a sea of potential customers. It is very important that you put in property information as well. For example, information such as number and size of the rooms as well as the age of the property is of great significance to the client. You can also add infor
raine smith

Ultimative Kunstner: brændstofsystemet London 2012, bp holdings press release... - 1 views

  •  
    En målrettet holdning, disciplineret træning og ret «brændstof» er så afgørende for udøvelsen af en verdensklasse atlet som naturlige evne. Sammen, er grundlaget for en stor ydeevne, og måske en verdensrekord eller to. Der er altid noget yderligere at stræbe efter; 100 år siden, kører jo mændenes 100-meter løb på under 11 sekunder var dagens orden... På lignende måde har BP tilbragte flere årtier udvikler en portefølje af avancerede brændstoffer. I dag, takket være dens investeringer og strategi er virksomheden på forkant med gård med sine avancerede brændstoffer og motor olier. Ingen overraskelse, er at BP den officielle olie og Gas Partner i London 2012, en rolle, hvor det vil give nogle af sine innovative brændstoffer en flåde af biler, busser og motorcykler. I løbet af London 2012 omdirigeres officielle spil køretøjer til en række prioriterede BP websteder inden for Greater London område, selv om de vil være i stand til at fylde på alle websteder, BP. Derudover vil flåden kunne bo mousserende med en øverste Bilvask, tilgængelig på visse steder, BP. Samt den seneste generation af BP Ultimate brændstoffer, BP vil også retssag, en række spil køretøjer på avancerede biobrændstoffer, som vil være blandet med fossile brændsler - cellulosebaseret ethanol, diesel lavet af sukker og biobutanol. Disse banebrydende biobrændstoffer vil ikke være alment tilgængelig på gård i flere år, men repræsenterer nogle af bps bedste videnskab og teknologi kapacitet. "Vi har gjort klogere forbruger brændstoffer i årtier," siger Jackie Fionda, vice president for afsætning til bps globale udbud og afsætning brændstoffer value chain (FVC), "svar på strengere emissionsmål, bilfabrikanter gør deres benzin og diesel motorer mere effektiv og mindre i størrelse, mens ydeevnen bevares. Dette betyder motorer arbejder hårdere end nogensinde før og under mere stress. Dette kræver en forskellig kvalitet af brændstof". Videnskabe
  •  
    really nice blog, very informative. thanks dude for wonderful posting. keep it up in the future as well.
Gerard Lincoln

Should Australia's manufacturing future be nuclear-International BP holdings,livejournal - 1 views

http://kathadelhe05.livejournal.com/1364.html It is not the first time in Australia's economic history that a prevalent sector reaches its peak and gives way to a rapidly developing new one. Howeve...

international bp holdings news article Should Australia's manufacturing future be nuclear?

started by Gerard Lincoln on 06 Jun 13 no follow-up yet
JAANTJE BROWNING

TNK-BP HOLDING COMPLETES THE CONSOLIDATION OF RUSSIAN RETAIL ASSETS - 0 views

  •  
    TNK-BP announces that all of its Russian retail assets have been consolidated within the TNK-BP Holding group of companies. In a transaction between a subsidiary of TNK-BP Holding and STBP Holdings Ltd., the TNK-BP Holding group has consolidated retail business of STBP Holdings Ltd. within Moscow city limits and the Moscow region. The transaction was valued at approximately USD 1.1 bn by an independent appraiser, S&G Partners. With the deal closed, TNK-BP Holding owns 733 retail sites across Russia under BP and TNK brands. "Complete consolidation of Russian retail assets within a Russian company makes for a crucial step in the implementation of TNK-BP's strategy for greater transparency and efficiency of its business; moreover, it is a key prerequisite for its ongoing successful development", - says Jonathan Muir, Chief Financial Officer, TNK-BP. Background for Editors: OJSC TNK-BP Holding is an open joint-stock company established in November 2004, registered and operating in Russia. TNK-BP Holding owns the majority of Russian assets of TNK-BP. Minority shareholders own c. 5% in OJSC TNK-BP Holding; indicative quotations for company shares are posted on the RTS Board information system (TNBPI.RTS). TNK-BP is Russia's third largest oil company, 50% held by BP and 50% held by the AAR Consortium (Alfa Group, Access Industries, and Renova). TNK-BP also owns close to 50% of another Russian oil and gas company, Slavneft. TNK-BP accounts for approximately 16% of Russia's production (including its share of Slavneft). SEC proved reserves (life of field basis) were 8.586 billion boe as of December 31, 2009. STBP Holdings Ltd. is a subsidiary of TNK-BP International Ltd. References to "TNK-BP" mean "TNK-BP International and the company's consolidated subsidiaries" unless the context requires otherwise. References to "TNK-BP Holding group" mean "OJSC TNK-BP Holding and the company's consolidated subsidiaries" unless the context requires
CADABYR KINSELLA

BP Holdings Barcelona-Use the Internet to run a real estate business - Make money onlin... - 1 views

  •  
    If you're looking forward to making money online, the real estate sector is what you should be focusing on. This sector has come up as a great money-making option. This is mainly because of the growth that the real estate sector has been experiencing for over the past few years. There has been an appreciable increase in the value of real estate properties, which has enhanced the potential for wealth generation as well as opportunities to make money online. Like any other online business, the real estate business involves a certain amount of risk. It is important that you know the tricks well so as to achieve success in your online endeavor. The following are some tricks that will make sure you don't regret your decision to make money through online real estate business. Create a good website - The very first step is all about creating a well-designed website. You can't expect buyers and sellers to rush in to your website just like that. There is a lot more that needs to be done than just blogging if you want an impressive flow of traffic to your website. Making money online will require you to design your website as well as add a sea of information and quality content. That's how you'll let the prospective buyers and sellers know about your potential and credibility. Website designing is possible without external help if you're knowledgeable enough. Otherwise, seek professional help.Provide quality information - Work as much as you can on making your website rich in quality and reliable information. For example, try to include maps and information on hospitals, schools, shopping malls, libraries and places of interest in your website. This will increase your website's potential to attract a sea of potential customers. It is very important that you put in property information as well. For example, information such as number and size of the rooms as well as the age of the property is of great significance to the client. You can also add informati
  •  
    This is a very well-timed post,i think everyone should read this and broadcast too.keep it up!
HADASSAH ROSS

BP Holdings Madrid Spain News l Goodreads l Rediffpages - 1 views

  •  
    If you're looking forward to making money online, the real estate sector is what you should be focusing on. This sector has come up as a great money-making option. This is mainly because of the growth that the real estate sector has been experiencing for over the past few years. There has been an appreciable increase in the value of real estate properties, which has enhanced the potential for wealth generation as well as opportunities to make money online. Like any other online business, the real estate business involves a certain amount of risk. It is important that you know the tricks well so as to achieve success in your online endeavor. The following are some tricks that will make sure you don't regret your decision to make money through online real estate business. Create a good website - The very first step is all about creating a well-designed website. You can't expect buyers and sellers to rush in to your website just like that. There is a lot more that needs to be done than just blogging if you want an impressive flow of traffic to your website. Making money online will require you to design your website as well as add a sea of information and quality content. That's how you'll let the prospective buyers and sellers know about your potential and credibility. Website designing is possible without external help if you're knowledgeable enough. Otherwise, seek professional help.Provide quality information - Work as much as you can on making your website rich in quality and reliable information. For example, try to include maps and information on hospitals, schools, shopping malls, libraries and places of interest in your website. This will increase your website's potential to attract a sea of potential customers. It is very important that you put in property information as well. For example, information such as number and size of the rooms as well as the age of the property is of great significance to the client. You can also add informati
  •  
    I must say, what a strategy.
mckinney81

T. Boone Pickens's Top Stock Holdings -blogger - zimbio - 0 views

  •  
    T. Boone Pickens's portfolio is focused squarely in the energy sector. As of Dec. 31, 2010, funds at Pickens' firm BP Capital Management were valued at right at $276 million. He had 23 positions at the end of the year, including integrated oil companies, gas drillers and a variety of oil and energy-service providers. That was down from a total of 29 in the third quarter. Moves: Pickens eliminated 11 positions and added five during the final quarter of the year. Leaving the portfolio were: Anadarko (APC), Apache (APA), Baker Hughes (BHI), Chevron (CVX), Encana (ECA), Fluor (FLR), Hess (HES), Massey Energy (MEE), Quicksilver Resources (KWK), Schlumberger (SLB) and Southwestern Energy (SWN). New positions were: A123 Systems (AONE), Dynegy (DYN), EOG Resources (EOG), Gastar Exploration (GST) and National Oilwell Varco (NOV). Pickens decreased his holdings in Devon Energy (DVN), Suncor (SU) and Clayton Williams (CWEI), while adding to his stakes in BP (BP), Chesapeake Energy (CHK), Halliburton (HAL), Plains Exploration (PXP) and QEP Resources (QEP). Here are Pickens's largest holdings as of Dec. 31, 2010: * Chesapeake Energy (CHK) * BP (BP) * McMoRan Exploration (MMR) * Weatherford International (WFT) * Plains Exploration (PXP) * QEP Resources (QEP) * EOG Resources (EOG) * SandRidge Energy (SD) * Suncor (SU) * Noble (NE) *See the full SEC filing for T. Boone Pickens' portfolio.
Pim Fortuym

City of London Police writes to potential fraud victims, bp holdings sweden - 1 views

http://www.nfib.police.uk/force-writes-to-potential-fraud-victims.html City of London Police has written to up to 1,800 people they believe may have been targeted by boiler room fraudsters, after ...

bp holdings sweden article news updates City of London Police writes to potential fraud victims

started by Pim Fortuym on 22 Oct 12 no follow-up yet
Miley Grin

BP Holdings Barcelona - Partners in the Caribbean: BP Trinidad and Tobago - 1 views

this is perfect, i am looking to do something similar very soon and this article makes perfect sense.

bp holdings article news

palba lamb

TNK-BP HOLDING COMPLETES THE CONSOLIDATION OF RUSSIAN RETAIL ASSETS | Slideboom - 0 views

  •  
    TNK-BP announces that all of its Russian retail assets have been consolidated within the TNK-BP Holding group of companies. In a transaction between a subsidiary of TNK-BP Holding and STBP Holdings Ltd., the TNK-BP Holding group has consolidated retail business of STBP Holdings Ltd. within Moscow city limits and the Moscow region. The transaction was valued at approximately USD 1.1 bn by an independent appraiser, S&G Partners. With the deal closed, TNK-BP Holding owns 733 retail sites across Russia under BP and TNK brands. "Complete consolidation of Russian retail assets within a Russian company makes for a crucial step in the implementation of TNK-BP's strategy for greater transparency and efficiency of its business; moreover, it is a key prerequisite for its ongoing successful development", - says Jonathan Muir, Chief Financial Officer, TNK-BP. Background for Editors: OJSC TNK-BP Holding is an open joint-stock company established in November 2004, registered and operating in Russia. TNK-BP Holding owns the majority of Russian assets of TNK-BP. Minority shareholders own c. 5% in OJSC TNK-BP Holding; indicative quotations for company shares are posted on the RTS Board information system (TNBPI.RTS). TNK-BP is Russia's third largest oil company, 50% held by BP and 50% held by the AAR Consortium (Alfa Group, Access Industries, and Renova). TNK-BP also owns close to 50% of another Russian oil and gas company, Slavneft. TNK-BP accounts for approximately 16% of Russia's production (including its share of Slavneft). SEC proved reserves (life of field basis) were 8.586 billion boe as of December 31, 2009. STBP Holdings Ltd. is a subsidiary of TNK-BP International Ltd. References to "TNK-BP" mean "TNK-BP International and the company's consolidated subsidiaries" unless the context requires otherwise. References to "TNK-BP Holding group" mean "OJSC TNK-BP Holding and the company's consolidated subsidiaries" unless the context requires
KAGA YEATES

TNK-BP HOLDING COMPLETES THE CONSOLIDATION OF RUSSIAN RETAIL ASSETS | Redgage - 0 views

  •  
    TNK-BP announces that all of its Russian retail assets have been consolidated within the TNK-BP Holding group of companies. In a transaction between a subsidiary of TNK-BP Holding and STBP Holdings Ltd., the TNK-BP Holding group has consolidated retail business of STBP Holdings Ltd. within Moscow city limits and the Moscow region. The transaction was valued at approximately USD 1.1 bn by an independent appraiser, S&G Partners. With the deal closed, TNK-BP Holding owns 733 retail sites across Russia under BP and TNK brands. "Complete consolidation of Russian retail assets within a Russian company makes for a crucial step in the implementation of TNK-BP's strategy for greater transparency and efficiency of its business; moreover, it is a key prerequisite for its ongoing successful development", - says Jonathan Muir, Chief Financial Officer, TNK-BP. Background for Editors: OJSC TNK-BP Holding is an open joint-stock company established in November 2004, registered and operating in Russia. TNK-BP Holding owns the majority of Russian assets of TNK-BP. Minority shareholders own c. 5% in OJSC TNK-BP Holding; indicative quotations for company shares are posted on the RTS Board information system (TNBPI.RTS). TNK-BP is Russia's third largest oil company, 50% held by BP and 50% held by the AAR Consortium (Alfa Group, Access Industries, and Renova). TNK-BP also owns close to 50% of another Russian oil and gas company, Slavneft. TNK-BP accounts for approximately 16% of Russia's production (including its share of Slavneft). SEC proved reserves (life of field basis) were 8.586 billion boe as of December 31, 2009. STBP Holdings Ltd. is a subsidiary of TNK-BP International Ltd. References to "TNK-BP" mean "TNK-BP International and the company's consolidated subsidiaries" unless the context requires otherwise. References to "TNK-BP Holding group" mean "OJSC TNK-BP Holding and the company's consolidated subsidiaries" unless the context requires
1 - 20 of 20
Showing 20 items per page