WebFeb 28, 2024 · British oil giant BP has warned it may take up to a $US25 billion ($35 billion) hit as it plans to exit its nearly 20 per cent stake in Russian energy producer Rosneft. BP has held a 19.75 per cent shareholding in the oil and gas company since 2013 and had two seats on Rosneft's board. WebJan 30, 2024 · In bp’s Energy Outlook 2024, the Russia-Ukraine war is likely to have a persistent effect on the future path of the global energy system, increasing the focus on energy security, weakening economic growth, and changing the mix of energy supplies
BP’s Russian Risk Rises Again as Ukraine Crisis Simmers
WebFeb 25, 2024 · BP's 20% stake in a company majority-owned by the Russian state was always uncomfortable and Russia's invasion of Ukraine has led the government to think … WebFeb 27, 2024 · Energy giant BP said Sunday it is exiting its $14 billion shareholding in Russia’s state-owned Rosneft, citing Moscow’s “act of aggression” against Ukraine. The U.K.-listed company has been under pressure from the British government over its 19.75 percent stake in Rosneft, making it the Russian company’s largest private shareholder. brotherhood of steel armor overhaul
Shell may get nearly £1bn from sale of stake in Russian gas …
WebMar 3, 2024 · In response to Russia’s invasion of Ukraine, British energy giant BP announced on Feb. 27, 2024, that it will sell its nearly 20% ownership in Russian state … WebApr 12, 2024 · BP promised in February last year to exit the Russian energy industry but continues to hold a 19.75% stake, worth about $14bn, in the oil company Rosneft. The company has said it still intends... WebDec 2, 2024 · Prior to Russia's invasion of Ukraine, BP had a 19.75% shareholding in Rosneft. In the early days of the conflict BP announced plans to get rid of that stake, gave up its two seats on the Rosneft ... brotherhood of steel camp