RUSSIA SAVES BP
Two years ago, BP Plc said international sanctions against Russia could hurt its business there.
Instead, London-based BP has found a haven in Russia, buttressed by a falling ruble, lower taxes and the lowest operating costs among the world's biggest oil companies. BP earned 22 percent of adjusted pretax profit from its share in Moscow-based OAO Rosneft last year, the most since it acquired a 19.75 percent stake in the Russian oil giant in 2013.
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