Pause operations: company temporarily curtailing operations while keeping return options open

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British Petroleum is a multinational oil and gas company headquartered in London.

Pause operations: company temporarily curtailing operations while keeping return options open

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Revenue(RF), mln.USD
42
Assets(RF), mln.USD
68033
Capital(RF), mln.USD
24333
Glob.Revenue, mln.USD
241392
Investments, mln.USD
10000
Staff(RF), 2021
1128

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.

August 06, 2023European companies suffer €100bn hit from Russia operations
May 02, 2023BP beats profit forecasts but slows pace of share buybacks
May 02, 2023BP back in Q1 profit after record loss on Russia exit
February 07, 2023British energy giant BP posts annual loss on Russia exit
January 22, 2023BP, Siemens and PepsiCo branded ‘hypocrites’ for donating to Ukraine while failing to fully exit Russia
January 04, 2023BP Still In Spotlight Over Incomplete Russia Exit
December 24, 2022BP still hasn't sold its stake in Russian oil giant Rosneft - despite pledging to exit nine months ago
December 18, 2022The European Union has frozen Russian assets totaling 68 billion euros - Politico. This is comparable to the value of BP assets in Russia
August 02, 2022BP announced the amount of losses due to withdrawal from Russia
July 27, 2022bp to exit Rosneft shareholding
March 27, 2022BP to ‘exit’ its $14 billion stake in Russian oil giant in stark sign that Western business is breaking ties over Ukraine invasion
March 27, 2022British BP announced its intention to sell a stake in Rosneft
February 27, 2022BP to offload $14bn stake in Russian state oil firm Rosneft after UK pressure
February 25, 2022BP’s ties to Russia draw UK government ‘concern’
February 08, 2022BP will not enter into new deals to buy oil and gas from Russia
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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