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$A sign board of a BP petrol station in Moscow in this June 1, 2012 file photo. BP has approved Russian group Rosneft\'s bid to buy out the British oil company\'s stake 50 percent stake in its Russian joint venture TNK-BP, Kommersant reported. A source told Reuters on October 19, 2012 while the offer was \$

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$The company logo at a TNK petrol station in Moscow September 20, 2012. BP is in talks with Rosneft that may result in the British oil major acquiring at least 12.5 percent of the Russian state oil firm, the Kommersant financial daily reported on Thursday, citing sources close to the two companies. Rosneft is looking at buying 25 percent of TNK-BP\'s shares for $10-$15 billion in cash, with another 25 percent to be acquired with Rosneft shares, Kommersant wrote.$

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Russian Prime Minister Dmitry Medvedev speaks during his interview with the business daily Kommersant in the Gorki residence outside Moscow, Thursday, Nov. 29, 2012.

A sign board of a BP petrol station in Moscow in this June 1, 2012 file photo. BP has approved Russian group Rosneft's bid to buy out the British oil company's stake 50 percent stake in its Russian joint venture TNK-BP, Kommersant reported. A source told Reuters on October 19, 2012 while the offer was "clean" and there were no other plans on the table, the board could take time to consider it.

The company logo at a TNK petrol station in Moscow September 20, 2012. BP is in talks with Rosneft that may result in the British oil major acquiring at least 12.5 percent of the Russian state oil firm, the Kommersant financial daily reported on Thursday, citing sources close to the two companies. Rosneft is looking at buying 25 percent of TNK-BP's shares for $10-$15 billion in cash, with another 25 percent to be acquired with Rosneft shares, Kommersant wrote.

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