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11 March 2011

In January 2011, OJSC Rosneft Oil Company and BP signed agreements regarding strategic cooperation and an exchange of shares between the two companies. In February, in response to a demand by ARR referring to the shareholders’ agreement between BP and TNK, the High Court of Justice in London issued an injunction halting completion of these deals.

01 March 2011

Rosneft sold 271,600 tonnes of petroleum products on the Saint Petersburg International Mercantile Exchange during February 2011 for 5.5 billion rubles. Sales on the Exchange represented 22.5% of total domestic sales of petroleum products by the Company during the month.