The political risk of the Ukrainian war for the global fuel market: the case of British Petroleum in Russia

Detalhes bibliográficos
Autor(a) principal: Russo, Eduardo
Data de Publicação: 2023
Outros Autores: Figueira, Ariane Roder
Tipo de documento: Artigo
Idioma: por
eng
Título da fonte: Cadernos EBAPE.BR
Texto Completo: https://periodicos.fgv.br/cadernosebape/article/view/88521
Resumo: In February 2022, Russia invaded the eastern territories of Ukraine. Three days after the invasion, pressured by public opinion and the British government, British Petroleum (BP) announced the abandonment of its almost 20% equity shareholding in Russian state-owned Rosneft at an estimated cost of USD 25 billion for the company. The case puts the reader in the position of CEO Bernard Looney to reflect on the redesign of the company’s strategy with regard to assessing the impact of political risk on its other businesses in the world. The case was designed for undergraduate and graduate students in Business Administration, International Relations, and related areas who want to address topics such as oil geopolitics, business strategy, political risk, and international business.
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spelling The political risk of the Ukrainian war for the global fuel market: the case of British Petroleum in RussiaEl riesgo político de la guerra de Ucrania para el mercado global de combustibles: el caso de British Petroleum en RusiaO risco político da guerra da Ucrânia para o mercado global de combustíveis: o caso da British Petroleum na RússiaWar in UkraineOil and GasPolitical riskInternational businessGuerra en UcraniaPetróleo y gasRiesgo políticoNegocios internacionalesGuerra da UcrâniaPetróleo e gásRisco políticoNegócios internacionaisIn February 2022, Russia invaded the eastern territories of Ukraine. Three days after the invasion, pressured by public opinion and the British government, British Petroleum (BP) announced the abandonment of its almost 20% equity shareholding in Russian state-owned Rosneft at an estimated cost of USD 25 billion for the company. The case puts the reader in the position of CEO Bernard Looney to reflect on the redesign of the company’s strategy with regard to assessing the impact of political risk on its other businesses in the world. The case was designed for undergraduate and graduate students in Business Administration, International Relations, and related areas who want to address topics such as oil geopolitics, business strategy, political risk, and international business.En febrero de 2022, Rusia invadió los territorios orientales de Ucrania. Presionada por la opinión pública y el gobierno británico, British Petroleum (BP) anunció, tres días después de la invasión, el abandono de su participación accionaria de casi el 20% en la estatal rusa Rosneft, con un costo estimado de USD 25 mil millones para la compañía. El caso pone al lector en la posición del CEO de la multinacional, Bernard Looney, para reflexionar sobre el rediseño de la estrategia de la compañía con respecto a evaluar el impacto del riesgo político en sus otros negocios en el mundo. El caso fue concebido para estudiantes de grado y posgrado de Administración de Empresas, Relaciones Internacionales y áreas afines que quieran abordar temas como geopolítica petrolera, estrategia empresarial, riesgo político y negocios internacionales.Em fevereiro de 2022, a Rússia invadiu os territórios do leste da Ucrânia. Pressionada pela opinião pública e pelo governo britânico, a British Petroleum (BP) anunciou, três dias após a invasão, o abandono da sua participação acionária de quase 20% na estatal russa Rosneft, com custo avaliado em USD 25 bilhões para a empresa. O caso coloca o leitor na posição do CEO da multinacional, Bernard Looney, para refletir sobre o redesenho da estratégia da empresa no que diz respeito à avaliação do impacto do risco político em seus demais negócios do mundo. O caso foi pensado para alunos de graduação e pós-graduação em administração, relações internacionais e áreas afins que queiram tratar de temas como geopolítica do petróleo, estratégia empresarial, risco político e negócios internacionais.Escola Brasileira de Administração Pública e de Empresas da Fundação Getulio Vargas2023-04-05info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfapplication/pdfhttps://periodicos.fgv.br/cadernosebape/article/view/8852110.1590/1679-395120220225Cadernos EBAPE.BR; Vol. 21 No. 2 (2023); e2022-0225Cadernos EBAPE.BR; Vol. 21 Núm. 2 (2023); e2022-0225Cadernos EBAPE.BR; v. 21 n. 2 (2023); e2022-02251679-3951reponame:Cadernos EBAPE.BRinstname:Fundação Getulio Vargas (FGV)instacron:FGVporenghttps://periodicos.fgv.br/cadernosebape/article/view/88521/83258https://periodicos.fgv.br/cadernosebape/article/view/88521/83666Russo, EduardoFigueira, Ariane Roderinfo:eu-repo/semantics/openAccess2023-05-23T05:22:13Zoai:ojs.periodicos.fgv.br:article/88521Revistahttps://periodicos.fgv.br/cadernosebapehttps://periodicos.fgv.br/cadernosebape/oaicadernosebape@fgv.br||cadernosebape@fgv.br1679-39511679-3951opendoar:2024-05-13T10:00:31.248001Cadernos EBAPE.BR - Fundação Getulio Vargas (FGV)true
dc.title.none.fl_str_mv The political risk of the Ukrainian war for the global fuel market: the case of British Petroleum in Russia
El riesgo político de la guerra de Ucrania para el mercado global de combustibles: el caso de British Petroleum en Rusia
O risco político da guerra da Ucrânia para o mercado global de combustíveis: o caso da British Petroleum na Rússia
title The political risk of the Ukrainian war for the global fuel market: the case of British Petroleum in Russia
spellingShingle The political risk of the Ukrainian war for the global fuel market: the case of British Petroleum in Russia
Russo, Eduardo
War in Ukraine
Oil and Gas
Political risk
International business
Guerra en Ucrania
Petróleo y gas
Riesgo político
Negocios internacionales
Guerra da Ucrânia
Petróleo e gás
Risco político
Negócios internacionais
title_short The political risk of the Ukrainian war for the global fuel market: the case of British Petroleum in Russia
title_full The political risk of the Ukrainian war for the global fuel market: the case of British Petroleum in Russia
title_fullStr The political risk of the Ukrainian war for the global fuel market: the case of British Petroleum in Russia
title_full_unstemmed The political risk of the Ukrainian war for the global fuel market: the case of British Petroleum in Russia
title_sort The political risk of the Ukrainian war for the global fuel market: the case of British Petroleum in Russia
author Russo, Eduardo
author_facet Russo, Eduardo
Figueira, Ariane Roder
author_role author
author2 Figueira, Ariane Roder
author2_role author
dc.contributor.author.fl_str_mv Russo, Eduardo
Figueira, Ariane Roder
dc.subject.por.fl_str_mv War in Ukraine
Oil and Gas
Political risk
International business
Guerra en Ucrania
Petróleo y gas
Riesgo político
Negocios internacionales
Guerra da Ucrânia
Petróleo e gás
Risco político
Negócios internacionais
topic War in Ukraine
Oil and Gas
Political risk
International business
Guerra en Ucrania
Petróleo y gas
Riesgo político
Negocios internacionales
Guerra da Ucrânia
Petróleo e gás
Risco político
Negócios internacionais
description In February 2022, Russia invaded the eastern territories of Ukraine. Three days after the invasion, pressured by public opinion and the British government, British Petroleum (BP) announced the abandonment of its almost 20% equity shareholding in Russian state-owned Rosneft at an estimated cost of USD 25 billion for the company. The case puts the reader in the position of CEO Bernard Looney to reflect on the redesign of the company’s strategy with regard to assessing the impact of political risk on its other businesses in the world. The case was designed for undergraduate and graduate students in Business Administration, International Relations, and related areas who want to address topics such as oil geopolitics, business strategy, political risk, and international business.
publishDate 2023
dc.date.none.fl_str_mv 2023-04-05
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://periodicos.fgv.br/cadernosebape/article/view/88521
10.1590/1679-395120220225
url https://periodicos.fgv.br/cadernosebape/article/view/88521
identifier_str_mv 10.1590/1679-395120220225
dc.language.iso.fl_str_mv por
eng
language por
eng
dc.relation.none.fl_str_mv https://periodicos.fgv.br/cadernosebape/article/view/88521/83258
https://periodicos.fgv.br/cadernosebape/article/view/88521/83666
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv Escola Brasileira de Administração Pública e de Empresas da Fundação Getulio Vargas
publisher.none.fl_str_mv Escola Brasileira de Administração Pública e de Empresas da Fundação Getulio Vargas
dc.source.none.fl_str_mv Cadernos EBAPE.BR; Vol. 21 No. 2 (2023); e2022-0225
Cadernos EBAPE.BR; Vol. 21 Núm. 2 (2023); e2022-0225
Cadernos EBAPE.BR; v. 21 n. 2 (2023); e2022-0225
1679-3951
reponame:Cadernos EBAPE.BR
instname:Fundação Getulio Vargas (FGV)
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instname_str Fundação Getulio Vargas (FGV)
instacron_str FGV
institution FGV
reponame_str Cadernos EBAPE.BR
collection Cadernos EBAPE.BR
repository.name.fl_str_mv Cadernos EBAPE.BR - Fundação Getulio Vargas (FGV)
repository.mail.fl_str_mv cadernosebape@fgv.br||cadernosebape@fgv.br
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