Russian police have raided the Moscow offices of the oil giant BP and its joint venture TNK-BP.
The searches have renewed fears that the Russian government wants greater control of foreign-owned energy assets.
There is market speculation that the Kremlin would 'No Russian thaw under Medvedev' ...
Russia sends hardliner to Nato ...
Czech president receives Russian Pushkin Medal ... like the state-owned gas firm Gazprom to buy the stakes of BP's Russian partners in TNK-BP.
Last year, TNK-BP was forced to sell its stake in the Kovykta gas field at a discount price to Gazprom.
In 2006, Shell was forced to cede control of its Sakhalin gas field to Gazprom.
"We will co-operate with the authorities but we do not know what they were looking for or why they were there," a BP spokesman said.
(BBC)
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