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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...
The bp board today announced that bp will exit its shareholding in Rosneft. bp has held a 19.75% shareholding in Rosneft since 2013. Additionally, bp chief executive officer Bernard Looney is resigning from the board of Rosneft with immediate effect.
Dec 2, 2022 · 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.” This is still our position.
Feb 28, 2022 · Of the oil majors still operating in Russia, Total has the most commercial exposure now BP has decided to dump its 19.75 per cent stake in Rosneft and Shell is moving to end its partnerships...
- Neil Hume
Mar 9, 2022 · The chief executive has staked his future on a bet that BP can make the transition to clean energy much faster than its peers, moving away from the company's 112-year history in oil....
Feb 27, 2022 · War in Ukraine. BP to sell its stake in Russia’s state oil company Rosneft. BP said it would also exit three other joint ventures with Rosneft, potentially bringing an end to a lucrative,...
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Feb 27, 2022 · The British oil giant BP said on Sunday that it would “exit” its nearly 20 percent stake in Rosneft, the Russian state-controlled oil company, making it one of the first large companies to...
