BP 'in £6.3bn sale talks'

BP is reported to be in talks with China's third-largest oil company over the sale of its Argentinian business for £6.3bn (€7.2bn).

BP 'in £6.3bn sale talks'
Sun, 10 Oct, 2010 - 18:23

BP is reported to be in talks with China's third-largest oil company over the sale of its Argentinian business for £6.3bn (€7.2bn).

The group is understood to be in discussions with CNOOC, which is also China's largest offshore oil explorer, over its 60% stake in Argentina's Pan American Energy, according to the Mail on Sunday.

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