BP to exit Rosneft stake and may take $25 billion hit
Mining News Pro - BP Plc moved to dump its shares in oil giant Rosneft PJSC, taking a financial hit of as much as $25 billion by joining the campaign to isolate Russia’s economy.
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Rosneft sells Venezuelan assets as fight with US grows
Mining News Pro - Russian oil giant Rosneft PJSC sold its assets in Venezuela to the Russian government, in what may be a maneuver to avoid any U.S. sanctions in an escalating fight between Caracas, Washington and Moscow.
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