Rosneft and BP sign agreement to dissolve the joint venture Ruhr Oel GmbH

摘要

Rosneft and BP have signed a binding agreement to dissolve the existing refining JV Ruhr Oel GmbH (ROG) as they move toward completion of the previously announced restructuring of the two companies' German refining and petrochemical venture. The agreement was approved by the Rosneft Board of Directors at the meeting on December 31,2015 and by the Board of BP Europa SE on 14 January, 2016.