Major oil companies in Europe and the United States posted a large amount of losses one after another as expenses for withdrawing from business in Russia in the three-month settlement of accounts until March.

British oil giant Shell announced on the 5th the financial results for the three months until March, and posted a loss of 4,235 million dollars and about 550 billion yen in Japanese yen due to withdrawal from the Russian business. Revealed.



Shell plans to phase out the procurement of crude oil and natural gas from Russia and withdraw completely from the Russian business, resulting in losses due to a review of the valuation of related assets.



In addition, US oil giant ExxonMobil also announced on the 29th of last month in the same three-month financial results, in connection with the withdrawal from the oil and natural gas development project "Sakhalin 1" that was being promoted off the coast of Sakhalin in the Russian Far East. We posted a loss of 3.4 billion dollars, or about 440 billion yen in Japanese yen.



On the other hand, both companies performed well against the backdrop of high oil prices, and the final profit during this period was about 25% higher for Shell than in the same period of the previous year, and about double for ExxonMobil. Has increased to.



Among the major oil companies in Europe and the United States, BP in the United Kingdom also posted a loss of more than 3 trillion yen in Japanese yen as a cost associated with withdrawal from Russia in the same three-month settlement, and a large loss due to the review of the Russian business. There are a lot of movements to record.