TMCnet News
BP CEO says committed to Rosneft investment, no sale plans [AmCham Egypt Tenders Alert Service (TAS)](AmCham Egypt Tenders Alert Service (TAS) Via Acquire Media NewsEdge) BP chief executive Robert Dudley said the oil major was committed to investments in Russia and had no plans to sell its stake in Rosneft despite the sanctions imposed by Western nations against the country. We remain long-term partners. We will not do anything to violate sanctions but sanctions don't include doing business in Russia, Dudley told a news conference on the sidelines of an energy event in Abu Dhabi. BP has an 18.5 percent stake in Rosneft, according to Thomson Reuters data. All rights reserved. Neither the content of the Tenders Alert Service (TAS) nor any part of it may be reproduced, sorted in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, witho Provided by SyndiGate Media Inc. (Syndigate.info). (c) 2014 All rights reserved. Albawaba.com |