"3 Rosneft finalizes $55 billion buy-up of TNK-BP, becomes world’s biggest listed oil company
Rosneft became the world's largest listed crude oil producer in March after acquiring TNK-BP in a $55 billion deal, which added about 9 million tons of oil to the company’s production output. Since the deal acquisition, the oil-magnate has been picking up many independent Russian producers as well as ramping up crude and LNG ventures in Vietnam, China, Venezuela. Russian oil output, the largest in the world, reached 10.61 barrels per day in November, a post-Soviet record.
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