BP to Exit Rosneft stake

  • BP will sell its shares in Russian energy giant Rosneft

The UK government had been 'asking' BP to exit the firm as part of the plans to isolate Russia.

BP Chairman Helge Lund:

  • “This military action represents a fundamental change.
  • It has led the BP board to conclude, after a thorough process, that our involvement with Rosneft, a state-owned enterprise, simply cannot continue.”

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