The Latest Breaking News from Rosneft

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

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 · Mar 3, 2022

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 · 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

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 · 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