Acquisitions and Divestitures News in Russia
| 9/15/2023 - PetroNeft Resources plc (PTR.L, PTR) has published a notice of an Extraordinary General Meeting ("EGM") where a resolution will be put before shareholders to approve the proposed disposal of PetroNeft... |
| 12/12/2022 - Further to its principles of conduct defined for its activities in relation to Russia, published on March 22, 2022, TotalEnergies has gradually started to withdraw from its Russian assets while ensuri... |
| 12/9/2022 - bp would like to confirm the current status of its business and interests in Russia. bp is exiting Russia. On 27 February 2022, bp’s board decided that bp would exit its 19.75% shareholdi... |
| 9/8/2022 - Halliburton Company (HAL) announced it completed the sale of its Russia operations to a Russia-based management team made up of former Halliburton employees. As a result, Halliburton no longer conduct... |
| 9/1/2022 - Mitsubishi Corporation has submitted a letter of notification to the Government of the Russian Federation in relation to taking the ownership of shares in Sakhalin Energy LLC, a limited liability comp... |
| 8/29/2022 - A.P. Moller-Maersk’s (Maersk) terminals business, APM Terminals (APMT) has entered into an agreement to divest its 30.75% shareholding in Global Ports Investments PLC (GPI) to long-standing partner De... |
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8/26/2022 - TotalEnergies publicly shared its principles of conduct for its Russian related business. TotalEnergies reiterated its firmest condemnation of Russia's military aggression against Ukraine and stated t... |
| 8/1/2022 - Baker Hughes (BKR) has signed an agreement to sell its Oilfield Services business in Russia (“OFS Russia”) to its local management team. The agreement follows on the Company’s previously announced sus... |
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6/16/2022 - Enel S.p.A. ("Enel") informs that the agreements related to the sale of its entire stake in the share capital of PJSC Enel Russia (“Enel Russia”) have been signed. Specifically, Enel has signed two se... |
| 6/7/2022 - Following extensive discussions with the leaders and employees of Shell's filling station network in Russia, acquired by LUKOIL last month, the decision was made to preserve the business as a separate... |
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5/25/2022 - On 27 February 2022, Equinor decided to start the process of exiting the company’s Joint Ventures
in Russia. Since then, Equinor has halted all new investmen... |
| 5/25/2022 - Shell Overseas Investments B.V. and B.V. Dordtsche Petroleum Maatschappij, subsidiaries of Shell plc, have completed the sale of Shell Neft LLC, Shell’s retail stations and lubricants business in Russ... |
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5/12/2022 - Shell Overseas Investments B.V. and B.V. Dordtsche Petroleum Maatschappij – subsidiaries of Shell plc – have signed an agreement to sell Shell Neft LLC, which owns Shell’s retail and lubricants busine... |
| 3/14/2022 - Following the announcement that Equinor has started the process to exit its projects in Russia, a decision has been made that Equinor will also stop trading in Russian oil. This means that Equinor wil... |
| 3/10/2022 - Worley deeply saddened by the events in Ukraine and support the strong response of the international business community withdrawing from Russia. Worley has begun the safe withdrawal of its services pr... |
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3/8/2022 - Shell plc (Shell) announced its intent to withdraw from its involvement in all Russian hydrocarbons, including crude oil, petroleum products, gas and liquefied natural gas (LNG) in a phased manner, al... |
| 3/5/2022 - - Russia will no longer be a core region - Strategic options for Yuzhno Russkoye to be assessed including possibilities to divest or exit - Achimov interest in West Siberian gas field Urengo... |
| 3/1/2022 - The Executive Board of OMV has decided to not further pursue negotiations with Gazprom on the potential acquisition of a 24.98% interest in the Achimov 4A/5A phase development in the Urengoy gas and c... |
| 2/28/2022 - The Board of Shell plc (“Shell”) announced its intention to exit its joint ventures with Gazprom and related entities, including its 27.5 percent stake in the Sakhalin-II liquefied natural gas facilit... |
| 1/19/2022 - A-Property and Zhejiang Energy International Limited (a subsidiary of Zhejiang Energy Group, a 100% state-owned company in Zhejiang Province) signed indicative terms of a deal for the sale of 10% stak... |
