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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...
Feb 28, 2022 · And in the UK, oil major BP announced that it will divest its 20 per cent stake in Russian state-oil company Rosneft. We spoke to the FT’s Tom Wilson about that.
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 · LONDON, Feb 27 (Reuters) - 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...
Dec 9, 2022 · On 27 February 2022, bp’s board decided that bp would exit its 19.75% shareholding in Rosneft and its other business in Russia. bp was the first international company to announce such an exit. That decision remains unchanged and bp has no intention of returning to business as usual in Russia.
Feb 28, 2022 · Vladimir Putin’s invasion of Ukraine has forced the biggest reappraisal of corporate relations with Russia for a generation, leaving oil executives and commodity traders with a choice between...
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Feb 27, 2022 · As bp now is exiting its interest in Rosneft, it has removed Rosneft dividend payments from its financial frame. However, bp remains confident in the flexibility and resilience of its financial frame, underpinned by an
