"LONDON -- BP's chief executive says he is confident that the oil company's latest deal in Russia won't hurt its ties with the United States.
BP last week seal a deal with Russian oil company Rosneft to explore for oil in the Arctic. BP is taking a 9 percent stake in Rosneft, which in turn is getting 5 percent of BP shares.
A member of the U.S. Congress warned the deal could threaten national security and referred to BP as 'Bolshoi oil.'"
"BP-Rosneft Deal a Challenge for Canada In Arctic" (Toronto Globe and Mail)
"BP Wins Coveted Russian Prize, to Fury of Rivals and Opponents" (Wall St. Journal)
"UK Says BP-Rosneft Tie Commercial, Not Political" (Reuters)