As BP and Shell Exit Russia, These Companies Still Have Ties
- Shell, BP and Equinor to leave Russia after Ukraine invasion
- Focus is also on other companies that have assets in Russia
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The invasion of Ukraine has prompted oil giant BP Plc and Shell Plc to quit Russia in a historic move that will bring billions of dollars of impairments. Now the pressure is building on others to follow suit.
Energy company Equinor ASA has also said it will start withdrawing from Russia, as sanctions ratchet up. Investors are wondering who could be next to dump assets.