The Latest Breaking News from British Petroleum

Western Companies Head For the Exit in Russia as Sanctions Tighten

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…

Asharq Al-Awsat · Feb 28, 2022

Shell joins BP in selling Russian assets as pressure on Kremlin-linked firms grows

British oil major to exit joint ventures with Gazprom after BP pledged to sell its 20% Rosneft stake

The Guardian - UK · Feb 28, 2022

The cheapest petrol stations across Nottingham right now as fuel prices surge

The average cost of a litre of petrol at UK forecourts was 151.67p on Tuesday, March 1

Nottingham Post · Feb 28, 2022

BP offloads 19.75% stake in Russian oil giant Rosneft with immediate effect

BP is to offload its 19.75% stake in state-owned Russian oil giant Rosneft "with immediate effect" following President Putin's invasion of Ukraine

Daily Mirror · Feb 28, 2022

Russian central bank hikes rates and closes stock market as rouble crashes; oil and gas soar – as it happened

Commodities including wheat and aluminium surge and European stocks slide as markets respond to wider sanctions on Russia

The Guardian - UK · Feb 28, 2022

FTSE 100 Live: Sanctions trigger Russia financial markets turmoil, BP dumps Rosneft stake

The impact of sanctions against Russia today sent the rouble to its lowest ever level and prompted the country's central bank to lift interest rates to 20%.

Evening Standard · Feb 28, 2022

Andrew Forrest pulls back on Russian investments, while BP will dump Rosneft stake and Norway divests

Russia is being dealt more financial blows, with Australian billionaire Andrew Forrest pulling back on hydrogen investments there, while oil giant BP and Norway's sovereign wealth fund are also divesting from the country.

ABC News · Feb 27, 2022

Ukraine agrees to meet Russia on border despite Putin’s nuclear preparations

As Vladimir Putin threatens reprisals and the EU closes air space, Volodymyr Zelensky says he is prepared to send delegates to talk to Russia.

The New Daily · Feb 27, 2022

BP exiting stake in Russian oil and gas company Rosneft

BP says it's exiting its share in Rosneft, a state-owned Russian oil and gas company in reaction to Russia's invasion of Ukraine

The Independent UK · Feb 27, 2022

BP to sell stake in Russian oil giant Rosneft after Ukraine invasion

The oil giant’s chief executive Bernard Looney is also resigning from the Rosneft board.

The Independent UK · Feb 27, 2022