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Britain’s BP says to exit stake in Russian oil giant Rosneft -Breaking

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© Reuters. FILE PHOTO – An illuminated BP Logo is seen at a Gateshead station on September 23rd, 2021. REUTERS/Lee Smith/File Photograph

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LONDON (Reuters), BP (NYSE ) stated on Sunday that it decided to sell its Russian oil giant Rosneft’s 19.75 % stake after Russia invaded Ukraine.

Bernard Looney, BP chief executive, will resign as Rosneft chairman.

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