BP's Svanberg Says Rosneft Agreement `Good Deal for Us'

Jan. 14 (Bloomberg) -- Carl-Henric Svanberg, chairman of BP Plc, talks about BP's agreement to fo...  More »

Jan. 14 (Bloomberg) -- Carl-Henric Svanberg, chairman of BP Plc, talks about BP's agreement to form a strategic alliance with Russian state oil producer OAO Rosneft. BP agreed to swap a $7.8 billion stake in the company for a 9.5 percent share of Rosneft as part of a drive to extract billions of barrels of petroleum from above the Arctic Circle. Svanberg talks with Ryan Chilcote on Bloomberg Television's "Bloomberg Rewind." Bloomberg's Matt Miller also speaks. (Source: Bloomberg)  « Less