Economics
BP Reaping Rewards in Russia Even After Sanctions Added to Risks
- Low costs, weak ruble help company weather crude-market slump
- BP gets biggest profit boost from Rosneft since buying stake
A picture shows section of the BP ETAP (Eastern Trough Area Project) oil platform in the North Sea, around 100 miles east of Aberdeen, Scotland.
Photographer: Getty ImagesThis article is for subscribers only.
Two years ago, BP Plc said international sanctions against Russia could hurt its business there.
Didn’t happen.