Killajoules

BP to Sell Venezuela and Vietnam Businesses to TNK-BP
BP announced today that it has reached agreement to sell its upstream businesses and associated interests in Venezuela and Vietnam to TNK-BP for a total of $1.8 billion. TNK-BP, Russia's third largest oil company, is owned equally by BP and the AAR Consortium (comprising Alfa Group, Access Industries and Renova).

Vietnam: Second oil discovery on offshore Block 15-1/05
Total announces that its subsidiary, Total E&P Vietnam, and its partners on Block 15-1/05, have discovered oil in the Lac Da Vang prospect, located in the southern part of the block in the Vietnamese offshore.

TNK-BP Bags a Long-Term Contract to Supply ESPO Crude to PetroVietnam
TNK-BP announces that it has entered into a long-term contract with state corporation PetroVietnam, to supply of Russian ESPO crude.