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ConocoPhillips CEO Rules Out Bid For BP's TNK-BP Stake

By Alexis Flynn ST. PETERSBURG, Russia--ConocoPhillips (COP) isn't planning to bid for BP PLC's (BP) stake in the TNK-BP joint venture, Chief Executive Ryan Lance said Thursday. "No, that's not something we're interested in," said Lance, ruling out a move to buy BP's 50% share of TNK-BP, which the U.K. oil major put up for sale earlier this month. Write to Alexis Flynn at

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