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The Latest Breaking News from Rosneft

Co-op, Morrisons, H&M, M&S and more cut ties with Russia amid Ukraine invasion

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

Manchester Evening News

France impounds yacht owned by head of Russian state oil giant

Rosneft Chief Executive Officer Igor Sechin’s superyacht was blocked by French customs officials on the Cote D’Azur, part of the European Union’s sanctions against wealthy Russians with close ties to President Vladimir Putin.

Tribune News Service

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

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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

France seizes Rosneft boss's yacht as it tried to flee

French customs have seized a yacht belonging to Rosneft boss Igor Sechin as it tried to leave the Mediterranean port of La Ciotat in a breach of EU sanctions on Russian oligarchs, Finance Minister Bruno Le Maire said.

Reuters

France seizes luxury yacht of Russian energy boss and Putin confidant Sechin

The French government on Thursday said it had seized a superyacht owned by a company linked to Igor Sechin, chief executive of Russian energy giant Rosneft and close confidant of President Vladimir Putin.

France 24

Yacht linked to Putin ally and oil boss Igor Sechin seized by French authorities

Rosneft CEO among 26 prominent people sanctioned by EU for Russia’s invasion of Ukraine

The Independent UK

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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

Fund managers ditch Russian assets, global stocks slide, bitcoin rises after latest sanctions – as it happened

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

The Guardian - UK

BP and Shell lead rush to exit Russia. There can be no going back

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

The Guardian - UK

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

Shell faces pressure over Gazprom after rival BP pulls plug on $25bn Russia assets

ENERGY giant BP’s decision to sever links with Kremlin-controlled Rosneft has piled pressure on other oil majors to follow suit, with FTSE 100 rival Shell facing calls to dump its Russian assets.

Evening Standard

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

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

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Evening Standard

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%.

ABC News

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.

The Independent UK

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

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.

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news in one place.

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Evening Standard

BP to offload 19.75% stake in Russian oil firm Rosneft

BP has surrendered its stake in the Russian company

Axios

BP will divest stake in Russian oil giant Rosneft

BP CEO Bernard Looney will immediately resign from Rosneft's board.

The Independent UK

BP abandons stake in Russian oil giant Rosneft with up to $25bn charge after Putin orders Ukraine invasion

Chief executive Bernard Looney is resigning from Rosneft’s board with ‘immediate effect’

The Guardian - UK

BP’s ties to Russia draw UK government ‘concern’

Oil firm holds 22% stake in Rosneft, run by Putin’s de facto deputy, and made $2.7bn profit from arrangement last year

The Independent UK

BP warned last year of impact on business if Russia hit with sanctions by West

The oil giant owns a nearly 20% stake in Russia’s Rosneft.

The Guardian - UK

Russian sanctions: who has been hit and who might be next?

From Rosneft to Gazprom and En+ Group, most significant London-listed firms potentially face sanctions

The Guardian - UK

Which London-listed Russian firms could be hit by sanctions?

Exclusive: Firms with UK-traded shares paid the Russian government £39bn in taxes in 2020, so any sanctions would hurt

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