BP shares rise after Russia oil deal

The market gave a warm welcome to BP’s £10bn (€11.9bn) deal with Russian oil giant Rosneft today following Friday’s news of an Arctic exploration alliance.

BP shares rise after Russia oil deal

The market gave a warm welcome to BP’s £10bn (€11.9bn) deal with Russian oil giant Rosneft today following Friday’s news of an Arctic exploration alliance.

Shares in BP rose 2% in the first day of trading since the “groundbreaking” deal was announced, despite reports of opposition from BP’s partners in their existing Russian joint venture TNK-BP.

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