The Latest Breaking News from British Petroleum

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…

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

Centrica announces end of gas supply agreement with Kremlin-controlled Gazprom

Analysts have provided the following ratings for BP (NYSE:BP) within the last quarter:

European stocks slide further while Moscow stock exchange remains closed for second day; rouble steadies and Brent crude rises above $100 a barrel

The ASX gains ground as the Reserve Bank keeps interest rates at a record low and Russia more than doubles its key interest rate after the West ramped up financial sanctions over the invasion of Ukraine.

Oil is always a political business, and there’s no point pretending otherwise

Energy giant BP, global bank HSBC and the world's biggest aircraft leasing firm AerCap joined a growing list of companies looking to exit Russia on Monday, as Western sanctions tightened the screws on Moscow over its invasion of Ukraine. The West has moved to punish Russia with a raft of…