BP to Exit Nearly 20% Stake in Rosneft

BP to Exit Nearly 20% Stake in Rosneft

Assessment

Interactive Video

Business, Engineering

University

Hard

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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.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What actions have other Western energy companies taken regarding their operations in Russia?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of cash flows does Russian business account for in BP's overall operations?

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