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BP to offload stake in Rosneft amid Ukraine conflicton February 27, 2022 at 5:47 pm

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Two BP directors will resign from the board of the Russian state-owned oil firm “with immediate effect”.

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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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