The company, which still owns stock in Russian oil, is being pressured to sever all ties with the country

BP should donate its “wartime profits” in Russia to the reconstruction of Ukraine or ministers should impose a special windfall tax on the oil company to force it to do so, MPs have told parliament.

The British oil supermajor has a 19.75% stake in Rosneft, one of the Kremlin’s most important oil assets and signalled its intent to exit Russia nine months ago, after Russia invaded Ukraine.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Welcome to the circumboob – the cleavage trend for a chaotic era | Arwa Mahdawi

We’ve all heard of the ‘lipstick effect’ and the ‘hemline index’ as…

Petr Pavel wins landslide victory in Czech presidential elections

Defeat of former PM Andrej Babiš hailed as victory for liberal democracy…