Pressure rises on Scottish oil firms to end investments in Russia

Pressure is increasing on businesses in Scotland to end their investment in Russia after Vladimir Putin gave orders to invade Ukraine. BP will sell its 14 billion dollar (£10.4bn) stake in oil producer Rosneft, which it co-owns with the Kremlin, after facing pressure from the UK Government. And First Minister Nicola Sturgeon said on Monday that all companies operating in the oil and gas sector should end their funding in the country. She said: “I noted and welcomed, in fact, the announcements made last night by BP, by Equinor, about disinvestment from Russia. I’ll be meeting some companies in the oil and gas sector here today. I’ll be saying directly to them I think any with interest in Russia should now be looking to divest those interests."