WebJul 1, 2024 · Rosneft management has no information about any shareholders with equity stakes exceeding 5% (all shareholders of Rosneft with equity stakes exceeding 5% of total issue), other than those listed above. Information about the rights (including voting rights) granted by Rosneft ordinary shares are specified in Article 5.8 of the Company’s WebFeb 28, 2024 · Rosneft accounts for almost half of BP’s oil and gas reserves and a third of its production and divesting 19.75% stake will result in charges of up to $25bn (£18.7bn), the company said. It did not explain however, how it plans to exit Russia. It could write off the shareholding, sell it back to Rosneft or find another buyer. The changes will ...
Investors seeking to offload Russian assets have a tough task
WebFeb 28, 2024 · BP Plc’s shares fell about 5 per cent as investors weighed the cost of its decision to exit Russia against the reputational benefits of ending the controversial alliance with Rosneft PJSC. The London-based company warned that it could take a writedown of as much as US$25 billion as a result of quitting Russia in President Vladimir Putin’s ... WebMar 1, 2024 · Norway said it’s removing Russian assets from its $1.3 trillion wealth fund, while U.K. oil giant BP Plc is looking to offload its stake in Rosneft PJSC. But selling shares in the open market ... chest pain feeling tight
Russian oil, gas firms
WebRussia ETF plunges toward 13-year low, as Rosneft's U.K.-listed shares tumble 40% The VanEck Russia ETF plunged 24.7% in premarket trading, putting them on track to ... WebDec 2, 2024 · It still planned to sell its shareholding in Rosneft, a move it announced immediately after Russia's invasion of Ukraine, it added. WebFeb 28, 2024 · BP will also no longer recognise a share of Rosneft’s production, reserves or earnings as its own. For context, Rosneft accounted for about one-third of BP’s oil and gas production last year and BP’s share of Rosneft’s underlying net income in 2024 came to a significant $2.7 billion (around one-fifth of BP’s total). chest pain fatigue shortness of breath