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Diplomatic crisis over UK marines held by Iran
Iran’s military said the British naval personnel seized in the Gulf confessed to entering Iranian waters illegally, but Britain maintained they were detained inside Iraqi territory and demanded their release.
Regulator blocks Enel move for Endesa
Plan to torpedo Eon bid backfires
TNK-BP launches bid for Rosneft stake
Joint venture plans surprise offer
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Three groups ready to vie for Chrysler
Any final deal likely to take months
‘Open skies’ fares cut in doubt
More flights expected, not cheaper ones
Key Qantas investor rejects Macquarie bid
Stand-off threatens to scuttle takeover
China proposes closer US military ties
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TNK-BP and Rosneft
Taking out insurance in Russia is a sensible idea, but the premiums can be huge. TNK-BP, BP’s Russian joint venture, is an anomaly in Russia’s energy landscape.