RUSSIA UKRAINE CONFLICT SANCTIONS ECONOMY

ussian oil giant Rosneft has rebranded BP gas stations under its own trademark

epa10281275 A brand logo of Russian integrated energy company PJSC Rosneft Oil Company seen on the former BP gas station in Moscow, Russia, 02 November 2022. Russian oil giant Rosneft has rebranded BP gas stations under its own trademark. In recent months, foreign chains of filling stations have ceased to cooperate with Russia. Filling stations of the British companies Shell and BP have closed in Moscow. BP was the first of the oil and gas majors (as early as February 27) to announce its decision to leave Russia. But the company to this day remains the largest private shareholder of Rosneft with a share of 19.75%, and also owns stakes in large joint ventures. EPA/MAXIM SHIPENKOV

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