if you have british petroleum did not try to bypass a partnership with russia and we've already said that this is this is a great stone to which mature liam's ambitions in russia. ok well again continuing that discussion it's been a bad few miles for b.p. as we can see in russia from the collapse a deal with russia which in effect excluded from exploring the arctic shelf i mean the curtains in russia shutting down. well it's true b.p. has been in dire straits a recent gulf of mexico disaster and reporting a loss but i wouldn't say the opportunities for b.p. in russia are limited but one thing is certain is that any such appreciate you have to be conducted in accordance with and in agreement with their russian partners and the russian shareholders of the joint venture i want to just a quick comment on the outcome what you think of the lawsuit that b.p. is currently in just an outlook it's hard to judge but i don't think it will be any significant impact your. shareholders all right thank you very much for goatee beard from investor cafe analyst thank you very much and now for more on

now just to remind you british petroleum wanted to see you a major r.c. exploration deal with of course now it's bypassing the beach but b.p. is obliged to pursue all its ventures in brusha throughout d.m.k. b.p. now as a result of that the deal failed anti and minority shareholders and claimed damages of three billion u.s. dollars now as a result of the ongoing trial d.b.'s headquarters in moscow was searched now of course and now a huge blow to the face of british petroleum in russia was the deal was recently signed between glasnost and x. and more go on the arctic exploration and many in fact are saying that it is a grave stone to ritual him success in russia. right within the cover of reporting live from central moscow thanks for. well russia's lucrative arctic shelf that so many oil companies would no doubt like a slice of was a topic of discussion when archie spoke to the state secretary to the ministry of foreign affairs of norway the full interview will be in your next hour here's a preview. the world needs more energy and it must be taken from so

if the british petroleum did not try to bypass a partnership with russia i mean you've already said that this is this is a grave stone to christmas surely aims and visions in russia. last was most certainly exxon mobil's gain and we'll have more about in our business bulletin in a couple of minutes but for now let's have a brief look at some other international headlines some people have been killed at least seventeen were wounded in a queer bomb attack in southwestern pakistan over the last targeted hundreds of. muslims as they were leaving a mosque after morning prayers police say the bomb was primed to go off inside the temple but the attacker couldn't get in because of a roadblock now no one has claimed responsibility for the explosion although taliban militants have targeted the region's shiite community before. well the u.s. east coast is recovering from the devastation left by hurricane irene well far steer through the country's south dozens of homes have already been destroyed and over a hundred more on the threat from the advancing flames police are investigating the cause of th

us and british petroleum itself so the surge was hardly a surprise for the company no russian bailiff's were looking documents that b.p. failed to present to the court even though it was ordered to do so the documents that prove gods british petroleum tried to go over its russian partners in an oil rush to develop the world's largest untapped energy reserves over the arctic shelf which of course angered russian shareholders and as a result they filed a case against b.p. now the search was just one of the steps jury in this trial of russian authorities say that the search was held in a very calm manner and nothing will state and when force be are is trying to play the victim will not all this in all this and claims it was an illegal rates on the company both those trying to lay sions of course is very understandable it's at this moment especially in the light of the recent deal signed between russian oil giants and saxon more built on arctic exploration which everyone wants to get their hands on the gee what's good have been signed with b.p. if only b.p. didn't try to go over its russian

but british petroleum says it's not responsible. b.p. adds it's far from the site of the well that blew out last year and spewed more than 200 million gallons of oil before being capped. another sheen spotted yesterday is set to be from the heavy rain washing oil in the water from drilling platform. no report yet of where it's coming from. >> clouds finally clearing. i saw mike tweeted good news out of sfo. >> flight delays are over. sun is coming out. it will be a decent day as far as the summer standards go. cooling trend is on the way. i'll show how long they will drop and how far they go to. >> all right. thank you. every library in santa clara county is about to close for 24 hours. find out why that is being called good news by many of the south bay. >> plus, how twitter can help you beat the stock market. >> and a big blue breakthrough. the computer chip that thinks more like a human than a computer. >> mountain based google has added a weather layer. example of a google map with the weather layer and it shows conditions over the f

but british petroleum says it's not responsible. b.p. adds it's far from the site of the well that blew out last year and spewed more than 200 million gallons of oil before being capped. another sheen spotted yesterday is set to be from the heavy rain washing oil in the water from drilling platform. no report yet of where it's coming from. >> clouds finally clearing. i saw mike tweeted good news out of sfo. >> flight delays are over. sun is coming out. it will be a decent day as far as the summer standards go. cooling trend is on the way. i'll show how long they will drop and how far they go to. >> all right. thank you. every library in santa clara county is about to close for 24 hours. find out why that is being called good news by many of the south bay. >> plus, how twitter can help you beat the stock market. >> and a big blue breakthrough. the computer chip that thinks more like a human than a computer. a good night's sleep. woman: which means a little heat to keep us warm. and a good dose of support for my back. some over-the-top com

british petroleum or t e getting away with as little as they paid in taxes? i think she had no tax? hot rages. -- ge had no tax? outrageous. host: we can show you the "wall street journal" website. street journal" website. it goes through all the residents there. guest: i do need to corrected. once we get the report on this president's job creation record, and we can cut out all the baloney about save the jobs, which you could never document, it will be the worst record on record. host: we will go to shirley. caller: thank you for taking my call. i watch that most of yesterday because i was so worried that we might not get passed. to see gabrielle giffords last night. guest: wasn't that wonderful? caller: i was really upset because i am republican with the ones that did not go along with mr. boehner. that man worked tirelessly trying to get that worked out and together. you have to understand, we are in such a mess right now. you are not going to get everything at the same time. butt: i don't want anything responsibility. surely, if you will go online and get this bill and reelect -

why the idea was rejected is because of some commercial considerations in arrogance probably british petroleum was reluctant to use that russian technologies anyway i think they managed to deal with the problem but this is a big lesson for the future we must be aware there's commercial considerations they have a very negative effect on our life. over the years you said they are very safe and i think they are safe if you invite presidents and prime ministers for pleasure rides there must be no danger involved otherwise they would have never allowed you to do that so they are very safe except that when we dive at the north pole i think the guys who dive there. we're real heroes because getting back to the surface through an ice whole nation twenty by twenty meters from the depths of four thousand two hundred meters is technically a very difficult thing to do but they did it. wasn't so difficult you have powerful computers t.v.'s and all that was the problem let me explain radio waves can propagate underwater we have a sound waves. and those have the reach of one point five kilometers at the most

the arctic shelf for quite some time but the sixteen billion dollars a share swap deal with british petroleum fields in january also as part of the agreement mobil. is getting to take part in the development of oil fields in western siberia and on the black sea and according to russia's vice premier you're going to see it in the black sea project could grow in the future and enter and also we have to is getting city water in the development of all the prophets in the united states it's going to be at least six projects and it will include texas and even the gulf of mexico so this is a great chance for both companies to change their experiences and know how us in this in this industry in fact exxon mobil has already tried. to attract russian energy company russian oil company to the playing us previously it was around ten years ago would you go due to the company's legal problems here in russia that deal never went through. ok thank you you can often putting on a. mobile thanks for this update. now let's have a look at the markets light sweet is declining heading for the biggest nothing top si

the oil fields in the arctic shelf for quite some time of the last set of negotiations with british petroleum fields and out of all the global energy giants out there exxon mobil has managed to make the most adequate proposal also under this agreement the american energy giants will also take part in the development of all fields on the black sea and according to russian officials this project of the black sea project could grow in the future and. it will be part of at least six now oil development projects in the united states and in the gulf of mexico so this is a great opportunity for the two companies to exchange their experience and no house in the oil development business. more on this deal in our business school attack coming up next. hello and a very warm welcome and of course we started with a huge deal between russia's role snapped and us x. mobile the crimps will help to significantly increase crossness presence in the u.s. markets will also draw a line and long lasting quest for a partner to develop the russian arctic shelf it was thoughtless of all it from butcher buying believes

partner to develop these oil fields for quite some time and the multi-billion dollar deal with the british petroleum fields to go through in january under this agreement exxon mobil will also get to take part in the development of oil fields in western siberia and on the black sea and according to russia's vice premier eager to see the black sea project should grow in the future in turn also is getting to take part in developing will fuels in at least six projects in the united states including in texas and in the gulf of mexico all in all this is a great opportunity for us to in terms of its global expansion but also in terms of the exchange of experience and know how with exxon mobil which is known to be the biggest oil company in the whole the sixty six percent stake i tried bench a while. the rest there's offices on it from deutsche bank believes that the significance of the deal well beyond russia's energy sector. now with this deal there's. greater sign of openness of the sector with regard to foreigners. and bad i think should be a trigger for greater capital inflows into russia russia's infl

these or fuels on the shelf for quite some time now and you are sent off negotiations with the british petroleum on this matter fields but also under the strategic cooperation agreement exxon mobil will get to take pour in the development of the oil fields in western siberia while in cern you have to will get to take order in the development of all deposits in the gulf of mexico and in texas so if you companies will also be able to exchange their experience and know how it was in this industry it is also another factor while why this deal is a state such great importance also. have agreed to establish a joint institute of arctic studies joint center of oxford studies as well all right thank you very much r t say you go to school for porting there and you can get a more on a back deal this update coming up next with your. poem the very warm welcome to the business program here on r.t. and starting with the huge deal between russia's ross nafta and us. mobile the current will draw a line across nets long lasting quest for a partner to develop the russian arctic shelf all of this year russia's worl

all of us on russia's arctic shelf for quite some time but the multibillion dollar deal with british petroleum feel to go through in january. now that's and more well will also get to court in the development of all deposits in western siberia and on the black sea and according to russia's vice premier eager to see action the black sea project could grow in the future into. is it getting to keep in the development of the oil fields in the united states and at least six projects including in texas and in the gulf of mexico so this is a great opportunity for you have to in terms of its global expansion ends in terms of the exchange of experience and no house with exxon mobil which is considered to be the biggest oil company in the world. ross that will hold a sixty six percent stake in the joint venture while mobile will keep the rust or softness of all that from deutsche bank believes that the significance of the deal goes well beyond russia's energy sector. now with this deal there's. greater sign of the openness of this sector with regard to foreign investment and that i think should be a tri

>> british petroleum. british wanted more oil leases in libya.hey had been trying to increase their ties for years. i think there was a quid pro quo. i think scottish government's argument this was compassionate release is hypocritical. they timed agreement with the united states that ma heat -- that ma i had would stay in the united states. it is outrageous. >> greta: i cannot believe don't believe we don't have diplomatic muscle with scotland and britain that we couldn't have stopped this we sat there looking. >> it is worse there. were press reports that the u.s. ambassador to the united kingdom when told megrahi was going to be released said we understand the need for this if you calculate 2670 -- 270 dead it worked out that megrahi spent two months in prison, per murder victim. >> greta: if our leaders had only talked to some of these victims. i remember one might talking to the brother of one of the men who died on the plane. he wasn't supposed to be on that plan he stayed an extra day to work. he said his brother always got on business cla

it had to do with british petroleum and their -- >> greta: how much money do you need?uch oil do you need? >> the new conservative government in the united king come, there is no excuse for it, it is a disgrace. it is a disgrace for scotland to have done that. i say that as somebody who is predominantly scottish by heritage, it is embarrassing. >> greta: did they say it was about oil? >> the british have wanted to get into libya for a long time. >> greta: this is beyond me. there's some honor even like we are their best friends, these were our americans, our kids, our college students there were foreign nationals. >> british citizens died, 11 on the ground in scotland. idea that there's justification to demonstrate compassion for the guy who kill 270 people in cold blood, just mist fews me. >> greta: who made -- who made the decision? >> i think by prime minister brown's government. he's -- [ talking over each other ] >> greta: to me this is like a decision -- >> there's no other explanation if they allowed this to happen at a lower level is miss fee sans in office. >>