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Sunday, February 27, 2022

HARES DUMPED

 CNN NEWS:

33 min ago

BP says it will offload its 19.75% stake in the state-owned Russian oil firm Rosneft 

From CNN's Anna Stewart and Niamh Kennedy in London

Oil pumping jacks in a Rosneft oilfield near Sokolovka village, Russia.
Oil pumping jacks in a Rosneft oilfield near Sokolovka village, Russia. (Andrey Rudakov/Bloomberg/Getty Images)

Oil giant BP will offload its 19.75% shareholding in Russian state-owned oil firm, Rosneft, according to a statement from the company.

"The bp board today announced that BP will exit its shareholding in Rosneft. Bp has held a 19.75% shareholding in Rosneft since 2013," the statement published on Sunday said.” 

 https://www.cnn.com/europe/live-news/ukraine-russia-news-02-27-22/h_ebb795f92af99fae3faeafd3bb887e42

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