BP to sell out of PetroChina

British oil giant BP PLC said it intends to sell its 2% stake in PetroChina via a bookbuilt placing of stock.

BP to sell out of PetroChina
Mon, 12 Jan, 2004 - 10:13

British oil giant BP PLC said it intends to sell its 2% stake in PetroChina via a bookbuilt placing of stock.

BP is the world's number three integrated oil company, behind Royal Dutch/Shell and Exxon Mobil.

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