Dec 2, 2022
BP 'stands to receive blood money’ from Ukraine war
BP stands to receive "Blood money" through its investments in Russia, a leading adviser to Ukraine's president has warned. Oleg Ustenko said BP is entitled to hundreds of millions of pounds from its stake in Russian energy giant Rosneft. In his letter to the BP chief executive, seen by the BBC, Mr Ustenko cited this figure and pointed out that because BP is still a Rosneft shareholder, it is owed the money. "BP will receive this money into a restricted Russian bank account, a clear indication of the historic mistake your company has made - but all the same, BP will receive the dividend," he wrote. "Since our decision, BP has not received any dividends from the Rosneft shares," BP added.
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