Pause operations: company temporarily curtailing operations while keeping return options open
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British Petroleum (BP)
British Petroleum (BP)
British Petroleum is a multinational oil and gas company headquartered in London.
Pause operations: company temporarily curtailing operations while keeping return options open
Leave SuspensionCapital(RF), mln.USD
24333
Glob.Revenue, mln.USD
241392
Investments, mln.USD
10000
BP still hasn't sold its stake in Russian oil giant Rosneft - despite pledging to exit at the beginning of the war.
The Company Statement
January 09, 2023
Exiting its $14 billion (20%) stake in Rosneft, the Russian state-controlled oil company. British energy giant BP reported a net profit of $8.2 billion for the first quarter, recovering from a record loss a year earlier as it ended operations in Russia after the Ukraine invasion.
| February 01, 2024 | Russian Oil Hits US Shores Under Sanction-Busting Loophole |
| December 06, 2023 | bp response - Business & Human Rights Resource Centre |
| August 07, 2023 | FT estimated the damage to European companies since the beginning of the conflict in Ukraine at €100 billion |
| August 06, 2023 | European companies suffer €100bn hit from Russia operations |
| May 02, 2023 | BP beats profit forecasts but slows pace of share buybacks |
| May 02, 2023 | BP back in Q1 profit after record loss on Russia exit |
| February 07, 2023 | British energy giant BP posts annual loss on Russia exit |
| January 22, 2023 | BP, Siemens and PepsiCo branded ‘hypocrites’ for donating to Ukraine while failing to fully exit Russia |
| January 04, 2023 | BP Still In Spotlight Over Incomplete Russia Exit |
| December 24, 2022 | BP still hasn't sold its stake in Russian oil giant Rosneft - despite pledging to exit nine months ago |
| December 18, 2022 | The European Union has frozen Russian assets totaling 68 billion euros - Politico. This is comparable to the value of BP assets in Russia |
| August 02, 2022 | BP announced the amount of losses due to withdrawal from Russia |
| July 27, 2022 | bp to exit Rosneft shareholding |
| March 27, 2022 | BP to ‘exit’ its $14 billion stake in Russian oil giant in stark sign that Western business is breaking ties over Ukraine invasion |
| March 27, 2022 | British BP announced its intention to sell a stake in Rosneft |
| February 25, 2022 | BP’s ties to Russia draw UK government ‘concern’ |
| February 08, 2022 | BP will not enter into new deals to buy oil and gas from Russia |
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