BP's (BP.L) partners in its Russian venture TNK-BP (TNBP.MM) rejected the UK oil major's offer to settle a dispute caused by its $18 billion tie-up with Rosneft (ROSN.MM), casting further doubt on the deal. BP Chief Executive Bob Dudley told reporters on the sidelines of a Russian Geographical Society meeting in Moscow on Friday that BP's billionaire partners had rejected its offer to buy their 50 percent stake in TNK-BP for $27-$28 billion. He also said that he didn't discuss BP's planned share swap and Arctic exploration deal with Rosneft with Russian Prime Minister Vladimir Putin when he met him on Friday. "It was just a greeting today. You expect the prime minister of the Russian Federation to encourage foreign investment in the country, and he gave his greetings and welcome, though it was not a detailed discussion about current events," Dudley told reporters.
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