BP snaps up China Aviation stake (BBC News)

[USA_RS]

BP takes a 20% stake in China Aviation Oil after contributing $44m to a rescue plan for the troubled jet fuel supplier.

http://us.rd.yahoo.com/dailynews/rss/searc...ess/4499498.stm

 

[USA_RS]

SINGAPORE: Oil giant BP Plc and Singapore’s Temasek will take stakes in China Aviation Oil as part of a $130mn cash injection to rescue the jet fuel trader which collapsed under half a billion dollars in trading losses.

http://us.rd.yahoo.com/dailynews/rss/searc...48&parent_id=28

 

[USA_RS]

Urgent: China Aviation Oil (Singapore) gets fund of $130 mln for restructuring BEIJING, Dec. 5 (Xinhua) -- China Aviation Oil (Singapore) is expected to get a fund of 130 million US dollars for restructuring, China Aviation Oil Holding Company (CAOHC) announced Monday.

http://us.rd.yahoo.com/dailynews/rss/searc...ce=r_technology