Search results
Dec 2, 2022 · bp is exiting Russia, we have no intention of “returning to business as usual”. Just three days after Russia’s attack on Ukraine, bp announced that we will exit our shareholding in Rosneft and other businesses in Russia – we said the attack was “a fundamental change.”
Dateline Philippines: British oil giant BP is planning to abandon its nearly 20% stake in Russia's Rosneft in the wake of its invasion of Ukraine.Wherever yo...
- 7 min
- 2.7K
- ANC 24/7
Feb 28, 2022 · BP is moving to dump its shares of Russian oil giant Ro... It's not just governments taking action. Companies are also getting involved in the Ukraine conflict.
- 2 min
- 5.1K
- Bloomberg Television
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.
- ddurbin@ap.org
- Business Writer
Feb 27, 2022 · LONDON — BP is abandoning its stake in Russian oil giant Rosneft in an abrupt and costly end to three decades of operating in the energy-rich country, marking the most significant move yet by a Western company in response to Moscow’s invasion of Ukraine.
Feb 27, 2022 · BP is abandoning its stake in Russian oil giant Rosneft in an abrupt and costly end to three decades of operating in the energy-rich country, marking the most significant move yet by a...
People also ask
Why did BP abandon Rosneft?
Will BP exit Rosneft?
Does BP own Rosneft?
Why did BP rethink its Rosneft investment in 2021?
How much will Rosneft cost BP?
Was Rosneft informed of BP's decision?
Feb 28, 2022 · - BP on Feb. 27 said it plans to abandon its 19.75% stake in oil giant Rosneft in the wake of Russia’s invasion of Ukraine, ending its 30 years of operating in the oil-rich country.
