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1. • • Rosneft shares have plummeted in recent days, and the only buyers might be Russian state entities. BP also said that both its chief executive, Bernard Looney, and his predecessor, Bob Dudley, would resign their seats on the Rosneft board.
     www.nytimes.com/2022/02/27/business/bp-rosneft-oil-stake.html

     BP to 'Exit' Its Stake in Russian Oil Company Rosneft - The ...

2. oilprice.com › Latest-Energy-News › World-NewsFire Damages Rosneft Refinery in Suspected Ukrainian Drone ...

   oilprice.com › Latest-Energy-News › World-News

   • Cached

   Jan 25, 2024 · A large refinery of Russian state oil giant Rosneft in southern Russia was damaged in a fire early on Thursday in a suspected Ukrainian drone attack, in the latest incident at Russian energy...

3. www.ft.com › content › 8b4968fa-40d8-40ae-b2f9-f12cdBP to divest stake in Russian state-oil company Rosneft

   www.ft.com › content › 8b4968fa-40d8-40ae-b2f9-f12cd

   Feb 27, 2022 · BP is seeking to divest the near 20 per cent stake in Russian state-oil company Rosneft it has held since 2013 in the starkest sign yet of the corporate backlash against Moscow’s invasion of...

4. www.bloomberg.com › news › articlesRussia: Rosneft’s Southern Tuapse Oil Refinery Damaged in a ...

   www.bloomberg.com › news › articles

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   Jan 25, 2024 · A fire damaged Rosneft PJSC’s major Tuapse refinery on Russia’s Black Sea coast early on Thursday, the latest in a string of incidents at the nation’s downstream and energy-export facilities...

5. apnews.com › article › russia-ukraine-businessBP exiting stake in Russian oil and gas company Rosneft

   apnews.com › article › russia-ukraine-business

   • Cached

   Feb 27, 2022 · BP said Sunday it is exiting its share in Rosneft, a state-controlled Russian oil and gas company, in reaction to Russia’s invasion of Ukraine. BP has held a 19.75% stake in Rosneft since 2013. That stake is currently valued at $14 billion.

   • Email: ddurbin@ap.org

   • Occupation: Business Writer

6. www.reuters.com › markets › commoditiesGermany extends Rosneft trusteeship for third time as Russian ...

   www.reuters.com › markets › commodities

   Mar 7, 2024 · BERLIN, March 7 (Reuters) - Germany extended its trusteeship over Rosneft's (ROSN.MM) local units for a third time on Thursday, stopping short of expropriating the Russian oil giant which has...

7. www.bbc.com › news › business-60548382BP to offload stake in Rosneft amid Ukraine conflict - BBC

   www.bbc.com › news › business-60548382

   Feb 27, 2022 · BP is to offload its 19.75% stake in Russian state-owned oil firm Rosneft after Russia's "act of aggression in Ukraine". The oil giant had come under pressure from the UK government to make the...

8. People also ask

   Why did BP leave Rosneft?

   • (AP Photo/Caroline Spiezio, File) BP said Sunday it is exiting its share in Rosneft, a state-controlled Russian oil and gas company, in reaction to Russia’s invasion of Ukraine. BP has held a 19.75% stake in Rosneft since 2013. That stake is currently valued at $14 billion.

   BP exiting stake in Russian oil and gas company Rosneft

   apnews.com/article/russia-ukraine-business-europe-ede651ea2e88b19b6bb79828ca4678c3

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   What happened at Rosneft PJSC Tuapse Refinery?

   • A fire damaged Rosneft PJSC's major Tuapse refinery on Russia’s Black Sea coast early on Thursday.

   Russia’s Southern Tuapse Oil Refinery Damaged in a Fire Overnight

   www.bloomberg.com/news/articles/2024-01-25/russia-s-southern-tuapse-oil-refinery-damaged-in-a-fire-overnight

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   Why did Rosneft 'divest'?

   • Rosneft supplies fuel to the Russian army. Immediately offloading the stake to a potentially inappropriate buyer was not an option. The company has decided to "divest" - meaning it will sever its financial ties with Rosneft, stop taking a dividend and step back from its two seats on the board.

   BP to offload stake in Rosneft amid Ukraine conflict - BBC

   www.bbc.com/news/business-60548382

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   What happened to Rosneft & Exxon Mobil?

   • Rosneft’s partnerships with Western oil and gas companies have been stymied before. In 2011, Exxon Mobil, led at the time by future U.S. Secretary of State Rex Tillerson, signed a deal with Rosneft to potentially drill in the oil-rich Russian Arctic. But Exxon ended that partnership in 2017, citing U.S. and European sanctions against Russia.

   BP exiting stake in Russian oil and gas company Rosneft

   apnews.com/article/russia-ukraine-business-europe-ede651ea2e88b19b6bb79828ca4678c3

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   Does BP have a stake in Rosneft?

   • BP has previously been criticised for its 19.75 per cent stake in Rosneft, which has been under US and EU sanctions since Russia annexed Crimea in 2014. But the Russian invasion of Ukraine, which has resulted in sweeping sanctions against Putin’s regime, has increased scrutiny of the partnership.

   BP to divest stake in Russian state-oil company Rosneft

   www.ft.com/content/8b4968fa-40d8-40ae-b2f9-f12cd8b23f9c

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   Why did Berlin take over Rosneft in 2022?

   • Berlin took effective control of Rosneft's German assets, including its 54.17% stake in Berlin's PCK Schwedt refinery, in September 2022 in the wake of Russia's invasion of Ukraine. The government extended the trusteeship twice after winning a lawsuit by Rosneft challenging the measure. Our Standards: The Thomson Reuters Trust Principles.

   Germany extends Rosneft trusteeship for third time as Russian oil firm s…

   www.reuters.com/markets/commodities/germany-extends-rosneft-trusteeship-russian-oil-giant-seeks-buyer-sources-2024-03-07/

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9. www.bbc.com › news › avWatch: Huge fire breaks out at Russian oil facility - BBC

   www.bbc.com › news › av

   Apr 24, 2024 · Ukraine's intelligence service said its drones hit two facilities in the Smolensk region, both owned by Russian oil giant Rosneft.