The "Russian state is now viewed as a malign actor and, hence, dealing with Russian state-owned companies will be viewed in a negative light," energy fellow Anna Mikulska said after BP announced plans to drop its nearly 20% share of Russia's Rosneft, a state-owned oil company. Read more at Axios.
Shell later followed suit, saying it will exit all its Russian operations, including a major liquefied natural gas plant.
May 19 2022 | Center for the Middle East
May 19 2022 | Center for Energy Studies