BP Offloads Its Nearly 20% Stake in Russia's Rosneft
The British oil giant held 20% of interest in the company.
Source: necn.com
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The British oil giant held 20% of interest in the company.
With the U.S., EU and U.K. looking to phase out Russian gas imports, western leaders could look to LNG projects in sub-Saharan Africa to soften the landing.
“I will not give them for free to Mr. Putin,” TotalEnergies CEO says of the company’s Russian assets.
Oil and gas giant says agreement is “subject to merger control approvals.”
Russia’s 40-year effort to create a Western-style market economy is one more casualty of Putin’s invasion of Ukraine.