geopolitical · major
BP announces exit from 19.75% Rosneft stake
27 February 2022 → 27 February 2022
BP announced exit from its 19.75% Rosneft shareholding on 27 Feb 2022, three days after Russia's invasion of Ukraine. ~$25bn write-down. First major Western corporate decoupling moment, followed within days by Shell (Sakhalin) and ExxonMobil (Sakhalin-1).
Affected fuels: gas, oil
Countries: GB
Sources
- www.bbc.com(accessed 2026-04-26)