Shell will disassociate its joint ventures with Russian state energy company Gazprom, a day after BP announced it would sell its 20% stake in Kremlin-owned oil company Rosneft as British companies distance themselves from Vladimir Putin. The oil company said it will...
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BP to exit billionaire stake in Russian oil company Rosneft
BP announced this Sunday (27) that it intends to exit its 19.75% stake in Russian oil giant Rosneft. This move follows as a consequence of Russia's invasion of Ukraine. If confirmed, the British oil company will put a sudden end to 30 years of operation in the oil-rich country of Russia. Britain's BP...