Web2 days ago · Brent — the international benchmark — surged as much as 8% following the move and has edged higher since, trading above $87 a barrel on Thursday. Russian … Web12 Apr 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 to ...
bp’s position in Russia News and insights Home
Web27 Feb 2024 · 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. Rosneft accounts for around half of BP's oil and gas reserves and a third of its … Web1 Mar 2024 · LONDON, March 1 (Reuters) - Shell (SHEL.L) will exit all its Russian operations, including a major liquefied natural gas plant, it said on Monday, becoming the … breakthrough\\u0027s 6i
As BP Exits Russia, Other Oil Companies Face Risks Too - Barron
Web8 Mar 2024 · Shell Plc and BP Plc said they won’t make any new purchases of Russian oil and gas, but won’t be able to immediately to disentangle themselves from the country due to long-term contracts and ... Web28 Feb 2024 · Big Oil Walks Away After Decades in Russia With years of investment unraveling, attention now turns to TotalEnergies and Exxon’s investments in the country. … Web28 Feb 2024 · BP announced on Sunday that it would “exit” its share in a major, state-owned Russian oil giant over the country’s invasion of Ukraine, saying the attack merited a “fundamental change” in its business holdings. The British oil company said the share amounts to 19.75% of Russia’s Rosneft, a stake valued at $14 billion. cost of retiring in costa rica