The Latest Breaking News from British Petroleum

The companies have cut ties with Russia in an act of solidarity against Vladimir Putin's invasion of Ukraine

Shell, BP and British Gas have all taken steps to condemn and sever ties with Russia's economy

As well as UK Government sanctions, a number of large firms have also stepped in and cut ties with Russia.

In response to Russia’s invasion of Ukraine, British energy giant BP announced on Feb. 27, 2022, that it will sell its nearly 20% ownership in Russian state-owned energy giant Rosneft. BP’s rival Shell is also pulling out of all of its operations in Russia, as are U.S. energy giant ExxonMobil…

Auto shipments stopped, beer stopped flowing, cargo ships dropped port calls and oil companies cut their pipelines. Russia’s invasion of Ukraine has thrown business plans into disarray and forced a growing number of the world’s best known brands — from Apple to Ford and BP — to pull out of…

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British Gas, Morrisons and PayPal are just some of the huge companies suspended ties with Russia in an act of solidarity against Vladimir Putin's war on Ukraine

US and European shares push higher, while rouble drops 8% and Moscow stock exchange stays shut for third day, as Russia bombards Ukrainian cities

Despite initially lobbying for lighter sanctions and loosened regulations, Big Oil firms including BP and Shell are now pulling out of Russia.

It comes after a number of UK energy companies, including BP and Shell, moved to sever their ties to Russia because of the conflict.

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