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	<title>Apollo &#8211; Move It Magazine</title>
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	<description>The world&#039;s leading magazine for heavy lifting and transport equipment</description>
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		<title>BP Sells 25% Stake in TANAP Subsidiary to Apollo for $1 Billion</title>
		<link>https://moveitmagazine.com/2025/03/21/bp-sells-25-stake-in-tanap-subsidiary-to-apollo-for-1-billion/</link>
		
		<dc:creator><![CDATA[Lena Johnson]]></dc:creator>
		<pubDate>Fri, 21 Mar 2025 08:44:12 +0000</pubDate>
				<category><![CDATA[Energy]]></category>
		<category><![CDATA[Oil & gas]]></category>
		<category><![CDATA[Apollo]]></category>
		<category><![CDATA[BP]]></category>
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					<description><![CDATA[BP and Apollo (NYSE: APO) have announced an agreement for Apollo-managed funds to acquire a 25% non-controlling stake in BP Pipelines (TANAP) Ltd (bp TANAP), the BP subsidiary holding a 12% interest in the Trans-Anatolian Natural Gas Pipeline (TANAP). The deal, valued at approximately $1 billion, is part of BP’s broader divestment program aimed at [&#8230;]]]></description>
		
		
		
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