Financial Times FT.com

Talks stall on TNK-BP chief

By Catherine Belton

Published: April 29 2009 23:33 | Last updated: April 29 2009 23:33

BP and its Russian partners in TNK-BP, the 50:50 oil venture, have yet to agree on an independent candidate to serve as chief executive.

That means Tim Summers, a former BP man, will continue as interim chief executive beyond a June 1 deadline.

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