WebFeb 27, 2024 · BP has previously been criticised for its 19.75 per cent stake in Rosneft, which has been under US and EU sanctions since Russia annexed Crimea in 2014. But … WebFeb 28, 2024 · Rosneft accounts for almost half of BP’s oil and gas reserves and a third of its production and divesting 19.75% stake will result in charges of up to $25bn (£18.7bn), …
BP Stock Price Drops After Rosneft Ties Cut Due to Ukraine …
WebFeb 27, 2024 · BP is to sell its stake in Russian oil company Rosneft, just days after UK politicians urged the UK supermajor to exit its investment in the wake of Moscow's invasion of Ukraine. BP said on Sunday ... Web2 days ago · 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 ... tripod laboratory drawing
BP to exit 19.75% Rosneft shareholding : r/investing - Reddit
WebFeb 28, 2024 · The British oil company said the share amounts to 19.75% of Russia’s Rosneft, a stake valued at $14 billion. It’s unclear how BP will divest itself of the holdings or who could buy them, but the decision reflects a broader shift among companies to abandon Moscow amid the ongoing assault. WebFeb 27, 2024 · BP (BP) is cutting ties with Rosneft in response to Russia’s invasion of Ukraine. The British company said in a statement Sunday that it would exit its 19.75% … WebFeb 28, 2024 · BP will sell its 19.75 per cent stake in Rosneft and incur write-downs of up to $35 billion Norway's $1.8 trillion sovereign wealth fund will also divest from its Russian investments tripod laboratory