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Amid Ukraine conflict BP Offloads Stake in Rosneft
Source: BBC.com, February 28, 2022
Immediately offloading the stake to a potentially inappropriate buyer was not an option.
BP is to offload its 19.75% stake in Russian state-owned oil firm Rosneft after Russia’s “act of aggression in Ukraine”.
The oil giant had come under pressure from the UK government to make the move since Thursday’s invasion.
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