LONDON (Reuters) – BP said on Sunday it had decided to exit its 19.75 % stake in Russian oil giant Rosneft after Russia’s invasion of Ukraine.
BP Chief Executive Bernard Looney, who will step down from the Rosneft board, said in a statement that the invasion “caused us to fundamentally rethink BP’s position with Rosneft.”
(Reporting by Ron Bousso; Editing by Alexander Smith)
