Natural gas majors BP of UK and Equinor of Norway accept earnings hits of around $27Bln to exit Russia
Monday, 28 February 2022
Global and natural gas stalwart companies BP of the UK and Equinor of Norway will face combined earnings hits of around $27 billion by exiting their Russian business ventures because of the Ukraine invasion, with BP taking the largest profits impairments by breaking up with Rosneft.
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Tagged under
- BP LNG
- BP oil and gas
- Bernard Looney
- Bob Dudley
- Rosneft
- Rosneft in Egypt
- BP Rosneft stake
- Oil and gas majors face Russia hits
- Shell in Russia
- exxonMobil Sakhalin oil
- Shell Sakhalin LNG
- Russia oil and gas
- Rosneft hit
- North Komsomolskoye field
- Anders Opedal
- global majors to take hits
- oil and gas hits for majors
- Earnings hits over Ukraine
