By Sylvia Pfeifer,
Last Updated: 12:13am BST 01/04/2007
Some of BP’s largest shareholders have expressed grave misgivings over the role of the British oil giant in the controversial auction of the remaining assets of Yukos, the bankrupt Russian oil group, last week.
At least two of BP’s top 20 shareholders are understood to be planning to raise the issue with the company in the next few weeks. They fear that BP’s reputation has suffered after TNK-BP, its Russian joint venture, took part in the auction of a stake in Rosneft, the state-controlled oil group, which belonged to Yukos.