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    BP sheds 20% stake in Rosneft, pays $11B charge

    BP sheds 20% stake in Rosneft, pays $11B charge

    BP will offload its 19.75% stake in Rosneft under pressure from the UK government, BBC reported. The stake in the Russian state-owned oil company dates from 2013. BP chief executive Bernard Looney has resigned from the Rosneft Board of Directors “with immediate...
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