Rosneft says mulls foray into U.S. stock market

With TNK-BP, Rosneft overtakes Exxon and PetroChina Co. in output. It will pump about 4.1 million barrels a day this year OAO Rosneft’s US$55-billion takeover of TNK-BP creates an empire stretching from Russia’s Far East to Venezuela that pumps almost 5% of the world’s crude.

MOSCOW (Reuters) - Rosneft expects capital expenditure of $20 billion this year following the acquisition of TNK-BP , Rosneft's Chief Executive Officer Igor Sechin said on Tuesday. The previous guidance for Rosneft's capex this year was $15 billion, while TNK-BP expected it at to be around $6 billion. Sechin told investors during a presentation that the company is able to reduce spending following the deal to acquire TNK-BP. (Reporting by Vladimir Soldatkin; editing by Megan Davies)

SOCHI, Russia (Reuters) - BP Plc's bosses have told Russian President Vladimir

MOSCOW (Reuters) - Rosneft expects capital expenditure of $20 billion this year following the acquisition of TNK-BP , Rosneft's Chief Executive Officer Igor Sechin said on Tuesday.

Rosneft expects capital expenditure of $20 billion this year following the acquisition of TNK-BP , Rosneft's Chief Executive Officer Igor Sechin said on Tuesday. The previous guidance for Rosneft's capex ...