BP exits partnership with Russian energy company Rosneft

Oil giant BP announced Sunday it will drop its stake in Russian energy company Rosneft – the latest private severance of relations with Russia as the global superpower invades neighboring Ukraine.

“Russia’s attack on Ukraine is an act of aggression which is having tragic consequences across the region,” said BP chairman Helge Lund. “BP has operated in Russia for over 30 years, working with brilliant Russian colleagues. However, this military action represents a fundamental change.”

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Photo credit: REUTERS/Vasily Fedosenko (REUTERS/Vasily Fedosenko / Reuters Photos)