BP agrees to exit Caspian Pipeline - Transneft

    UK oil major BP PLC (BP) has agreed with shareholders in the Caspian Pipeline Consortium, or CPC, to exit the project, Mikhail Barkov, deputy chief executive of Russian oil pipeline operator Transneft (TRNFP.RS), said Wednesday.     Barkov made the comments at a ceremony marking the signing of a memorandum of understanding by...