Russia-based vertically integrated oil company TNK-BP has commenced deliveries of crude oil produced at the Verkhnechonskoye field to the East Siberia-Pacific Ocean Pipeline. TNK-BP and Rosneft are the major shareholders of Verkhnechonskneftegaz (VCNG), the operator of the project.

ORENBURG, Russia.

YAKUTSK. Sept 7 (Interfax) - On September Gazprom received licenses for the Chayanda, Kirinskoye, Semakovskkoye gas fields and is expected to get seven more licenses later in September, said Alexander Ananenkov, company's deputy chairman of board.

Anglo-Russian oil company TNK-BP's Russian partners and BP could be ready with an outline agreement to restructure the management of the company by the end of September 2008 when the company's board meets, according to the Financial Times.

By David Strahan BP should have seen strife coming, but more pressing is the exhaustion of fields on which we've come to depend, says David Strahan It must be lonely being Tony Hayward.