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by kgwgk 1575 days ago
You seem very confident for someone who doesn't understand what he's talking about.

If BP is "abandoning their shares", what do you thing that they mean by "the fair value of bp’s Rosneft shareholding at 31 March 2022"?

"First, it is expected to give rise to a non-cash adjusting item charge at the time of the first quarter 2022 results, representing the difference between the fair value of bp’s Rosneft shareholding at 31 March 2022 and the carrying value of the asset. At the end of 2021 this carrying value stood at around $14 billion."