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RNFTF / BP falls 8% after cutting ties with Russian oil giant Rosneft, adding to mounting financial woes following the Ukraine invasion

BP falls 8% after cutting ties with Russian oil giant Rosneft, adding to mounting financial woes following the Ukraine invasion
"It has led the BP board to conclude, after a thorough process, that our involvement with Rosneft, a state-owned enterprise, simply cannot continue." Read More
Posted: Feb 28 2022, 11:45
Author Name: Business Insider
Views: 110256

RNFTF News  

CEO of Rosneft says BP still remains major stakeholder

By Reuters
June 18, 2022

CEO of Rosneft says BP still remains major stakeholder

Igor Sechin, the head of Russian oil major Rosneft, said on Saturday that BP still remains its largest private shareholder despite having announced it more_horizontal

India is trying to strike new crude-oil deals with Russia — but Russia's oil giant Rosneft doesn't have any extra oil left, report says

By Business Insider
June 9, 2022

Russia's Rosneft recommends record dividend on 2021 results

By Reuters
May 30, 2022

Russia's Rosneft recommends record dividend on 2021 results

Russian oil producer Rosneft said on Monday that it would pay a record dividend of 41.66 roubles ($0.63) per share on its 2021 results, or 50% of its more_horizontal

Ex-German Chancellor Schröder Will Leave Russian Oil Company Rosneft's Board

By Forbes
May 20, 2022

Ex-German Chancellor Schröder Will Leave Russian Oil Company Rosneft's Board

Former German chancellor Gerhard Schröder's resignation plans come a day after the European Union's parliament endorsed sanctions against him. more_horizontal

JPMorgan says it has resigned as depositary for Rosneft GDRs

By Reuters
May 18, 2022

JPMorgan says it has resigned as depositary for Rosneft GDRs

JPMorgan & Chase has resigned as a depositary of global depositary receipts (GDR) of Russia's largest oil producer Rosneft on May 13, the U.S. bank sa more_horizontal

Russia's Rosneft ramps up oil sales to Indian Oil in May - traders

By Reuters
May 6, 2022

Russia's Rosneft ramps up oil sales to Indian Oil in May - traders

Russia's Rosneft sold 700,000 tonnes of Urals oil loading from Baltic ports of Primorsk and Ust-Luga in May to Indian Oil Corp (IOC), the country's to more_horizontal

Rosneft issues June ESPO crude tender, requests for rouble payment

By Reuters
April 28, 2022

Rosneft issues June ESPO crude tender, requests for rouble payment

Russia's top producer Rosneft has issued a tender to sell June-loading ESPO Blend crude, in another attempt to get buyers to pay for supplies in full more_horizontal


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