BP to Exit Nearly 20% Stake in Rosneft

The transcript discusses BP's potential $25 billion write-down due to its 20% stake in Rosneft amidst political pressure from the UK government. It highlights BP's historical presence in Russia and the expected impact on its shares. The discussion extends to other Western energy companies like EQUINOR, Exxon, and Shell, considering their exposure in Russia and the potential for them to follow BP's lead in exiting the Russian market.

What is the potential financial impact on BP due to its stake in Rosneft?

• A $25 billion write-down

• A $10 billion write-down

• A $50 billion write-down

• No financial impact

Which company has announced its exit from Russian joint ventures?

• Equinor

• BP

• Chevron

• Shell

What percentage of Total Energies' cash flows is accounted for by its Russian business?

• 20%

• 5%

• 15%

• 10%

Which company has a holding in an LNG project with Gazprom?

• BP

• Shell

• Chevron

• Exxon

Which bank used by Exxon in Russia was sanctioned?

• A bank used by BP

• A bank used by Shell

• A bank used by Chevron

• A bank used by Exxon