BP said Sunday it is exiting its share in Rosneft, a state-controlled Russian oil and gas company, in reaction to Russia's invasion of Ukraine. BP has held a 19.75% stake in Rosneft since 2013. That ...

(NEXSTAR) – BP, a British oil company with gas stations in the U.S., has announced it is exiting its nearly 20% stake in Rosneft, a Russian oil producer, following the invasion of Ukraine last week.

Russia's Gazprom has connected a gas pipeline from a major field in West Siberia, built by a joint venture between compatriot oil giant Rosneft and UK supermajor BP, to the country’s trunk network.

BP, (BP) gets a lot of interest from investors, and has a lot of articles written about it. Many of these articles feature the generous dividend the company pays, upon which many retirees rely for ...