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