BP exiting stake in Russian oil and gas company Rosneft
2022-02-28
SynopsisBP has held a 19.75% stake in Rosneft since 2013. That stake is currently valued at $14 billion.APLondon-based BP also said its CEO, Bernard Looney, and former BP executive Bob Dudley will immediately resign from Rosneft’s board.BP said Sunday it is exiting its share in Rosneft, a state-controlled Russian oil and gas company, in reaction…Continue Reading