- BP CEO (BP -0.2%) Bob Dudley says western sanctions over Russia's actions in Ukraine have not impacted its business in Russia, and reiterates that it stands "rock solid" with its investments in the country.
- Dudley is in Moscow to take part in a meeting of the Russian Geographical Society, where Dudley is a member of the board of trustees and Pres. Putin is the head, but it is not clear if the two will meet.
- BP owns a 19.75% stake in Kremlin-controlled Rosneft (RNFTF), accounting for about one third of its total global oil output.
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The Zacks Analyst Blog Highlights: Transocean, Kinder Morgan, BP, Williams Partners and Eni - Press Releasesat Zacks.com (Apr 8, 2015)
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at MarketRealist.com (Mar 23, 2015)
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