Press releases

20 April 2012, Friday Press statement
Following the meeting of the Presidium of the Russian Federation Government, TNK-BP (further “the Company”) wishes to state the following:
18 April 2012, Wednesday Ashland Inc. and TNK-BP sign five-year agreement to distribute Valvoline™ motor oil to passenger car market in Russia
Valvoline, a brand of Ashland Consumer Markets, a commercial unit of Ashland Inc. (NYSE: ASH), and TNK-BP, Russia’s third-largest oil company, today announced a five-year agreement pursuant to which TNK-BP will distribute Valvoline motor oil to the passenger car market in Russia. Financial terms of the transaction were not disclosed.
03 April 2012, Tuesday TNK-Brasil and HRT deal on the Amazon Solimoes Basin project in Brazil Approved by the state regulator ANP
TNK Brasil (a 100% subsidiary of TNK-BP Group) and HRT O&G announce that the Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) approved on March 28, 2012 the concession rights and obligations transfer from HRT O&G to TNK Brasil regarding a 45% participating interest in 21 blocks located in the Solimoes Basin, onshore Brazil. This approval concludes the transaction between HRT and TNK Brasil who will now operate the concessions under a Joint Operating Agreement (JOA) already approved by shareholders.

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