Oil firm holds 22% stake in Rosneft, run by Putin’s de facto deputy, and made $2.7bn profit from arrangement last year
BP has been warned of government “concern” about its involvement in Russia, in a telephone call between business secretary Kwasi Kwarteng and the oil company’s boss Bernard Looney on Friday.
Kwarteng is understood to have spoken to Looney in the light of Vladimir Putin’s invasion of Ukraine, which has increased scrutiny on British business ties to the Kremlin and led to sanctions against Russian firms.
