UK major BP reports loss of over $20 billion as cost of existing stake in Rosneft and Russia

Tuesday, 10 May 2022

UK major and global LNG sector participant BP reported a loss of $20.4 billion for the first quarter of 2022 as it booked a series of charges and impairments related to its exit from Russian oil and natural gas amid Russia’s invasion of Ukraine.

Subscriber content

This content is available only to subscribers
please log in below or subscribe now / request a free trial