Is BP’s (BP +1.5%) announcement that it may sell its share of TNK-BP a sign it's raising the...

|About: BP p.l.c. (BP)|By:, SA News Editor

Is BP’s (BP +1.5%) announcement that it may sell its share of TNK-BP a sign it's raising the stakes in a final play to wrest control from its Russian partners, or is it folding its hand for good? TNK-BP is now viewed in the market as one of BP’s principal risk factors. But if Bob Dudley is trying to extract concessions, he should remember that in Russia they favor a different and much more dangerous game of chance.