Monday, 28 February 2022 03:36
Natural gas majors BP of UK and Equinor of Norway accept earnings hits of around $27Bln to exit Russia
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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