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 ...

LONDON - BP is abandoning its stake in Russian oil giant Rosneft in an abrupt and costly end to three decades of operating in the energy-rich country, marking the most significant move yet by a ...

UK supermajor BP has confirmed that it is interested in buying shares in Russian state controlled group Rosneft, provided the proposed sale of its stake in private Russian venture TNK-BP goes through.

Russian state-owned oil giant Rosneft strengthened its hold on the country’s lucrative oil industry when it sealed a deal Monday to buy TNK-BP, the 50-50 joint venture between BP, the British energy ...