TNK-BP today announced that its Business Plan for 2009 had been supported at a scheduled meeting of the Board of Directors of TNK-BP Limited, the ultimate holding company of the TNK-BP group of companies.
TNK-BP announced that it had received the resignation of its founding President and CEO, Robert Dudley, in accordance with the memorandum of understanding (MOU) between Alfa Access-Renova and BP in early September. Mr. Dudley’s resignation is effective from today, December 1st.
Today TNK-BP announced that it commenced deliveries of crude oil produced at the Verkhnechonskoye field (VC) to the East Siberia-Pacific Ocean Pipeline (ESPO). The first batch of VC production was delivered to the Transneft metering unit at the entry to the ESPO on October 15, 2008
TNK-BP today announced it will call an Extraordinary General Meeting of Shareholders (EGM) of TNK-BP Holding (TBH) on September 30th for the purpose of declaring an interim dividend from first half 2008 net income. All shareholders will receive a dividend based on the distribution of 100% of first half income calculated according to Russian Accounting Standards. This distribution is in line with previous dividends and continues the established practice of declaring and paying dividends to all shareholders twice per year.