BP To Receive Blood Money From Ukraine War
BP To Receive Blood Money From Ukraine War

BP To Receive Blood Money From Ukraine War

Prashant Trivedi

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A leading adviser to Ukraine's president has warned that BP stands to receive "blood money through its investments in Russia. <br />Oleg Ustenko says BP is entitled to hundreds of millions of pounds from its stake in Russian energy giant Rosneft. <br />BP says it was no longer receiving any profits from Rosneft. <br />It added that It still planned to sell its shareholding in Rosneft, a move it announced immediately after Russia's invasion of Ukraine. <br />Russian energy firms have made bumper profits this year, despite sanctions against the country, because the invasion of Ukraine, and subsequent sanctions, have pushed up the price of oil and gas on the global market.

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