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Page last updated at 08:58 GMT, Tuesday, 17 May 2011 09:58 UK

BP 'humiliation' as Rosneft deal collapses

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The controversial deal between BP and the Russian oil giant, Rosneft, has collapsed.

Robert Peston explains what happened. And Nick McGregor, oil analyst at Redmayne-Bentley, looks at the fallout.


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