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The Independent UK

National

Via AP news wire

BP exiting stake in Russian oil and gas company Rosneft

British Petroleum Russia Rosneft Ukraine

Copyright 2017 The Associated Press. All rights reserved.

BP said Sunday it is exiting its share in Rosneft, a state-controlled Russian oil and gas company, in reaction to Russia's invasion of Ukraine.

BP has held a 19.75% stake in Rosneft since 2013. That stake is currently valued at $14 billion.

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