The Latest Breaking News from British Petroleum

The growing list of companies boycotting Russia

BP, Apple, McDonald’s, Netflix and Ford are among the growing number of companies to either cut back, suspend or shutdown operations and trade with Russia in response to its invasion of Ukraine

Evening Standard · Mar 10, 2022

‘We Could Lose It All’: BP’s Bet on Russia Was Always a Gamble

The company will eat a $25 billion loss with its forced exit from the country—but higher oil prices will ease the pain.

Businessweek · Mar 10, 2022

How much oil do Pacific Northwest refineries get from Russia?

Washington's five Puget Sound refineries in 2021 imported $700 million of Russian crude oil, equal to just under 5% of their annual processing capacity, according to an analysis of federal import information by the Seattle-based Sightline Institute.

Tribune News Service · Mar 9, 2022

Full list of UK sanctions placed on Russia as businesses begin to boycott the country

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

Daily Record · Mar 3, 2022

Shell, BP and ExxonMobil have done business in Russia for decades – here's why they're leaving now

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…

The Conversation · Mar 3, 2022

Russia's War Spurs Corporate Exodus, Exposes Business Risks

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…

Asharq Al-Awsat · Mar 3, 2022

Sydney spared worst of rain but Newcastle still under threat – as it happened

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The Guardian - AU · Mar 2, 2022

John Lewis, Sainsbury's, H&M and 25 more firms that have cut ties with Russiain past week

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

Daily Mirror · Mar 2, 2022

Oil price jumps to nearly $114; natural gas prices reach record highs – as it happened

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

The Guardian - UK · Mar 2, 2022

Oil companies are fine with destroying the planet, just not like this

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

Mic · Mar 1, 2022