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Energy Blast – Sept 5, 2008

Source: http://www.robertamsterdam.com/2008/09/energy_blast_sept_5_2008_1.htm
Posted on Friday, September 5th, 2008 | In Russia
Contributed by: Robert Amsterdam (http://www.robertamsterdam.com/) -

BP has finally agreed to a peace deal with its Russian partners over the future of their joint venture, TNK-BP. The oil firm announced yesterday that embattled chief executive Robert Dudley will leave TNK-BP by the end of the year, as part of an agreement hammered out with the four Russian billionaires who also own the business. Not surprisingly, the deal appeared to have been closely coordinated with the Kremlin. It follows an unprecedented campaign by state agencies against TNK-BP that prompted Dudley to flee Russia, citing harassment.

Serbian government officials earlier today insisted that an energy deal with Russia is of the utmost national interest, but the opposition Liberals described it as humiliating. Well, it’s not humiliating yet…

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About Robert Amsterdam (http://www.robertamsterdam.com/)
Robert Amsterdam is a lawyer and an advocate for rule of law. His blog was created to express views which may stimulate debate and discussion on topics of international interest. Robert believes that we live in a world of unchallenged impunity, and he views his blog as merely a small attempt to shine a light on issues he views as important in countries with which he is engaged. He make no apologies or pretense of objectivity - he is merely stating his opinions.

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