Describe what was BP’s business model in Russia, and what kind of threat it was facing after 2013?

Case Analysis using the followings questions:

1.Describe what was BP’s business model in Russia, and what kind of threat it was facing after 2013? What’s the cause for such threat? How’s BP’s performance in 2014 in Russia?

2.How about Renault and Exxon’s business in Russia during 2014 and 2015? What was the major factor that affected their performance?

3.What happened to Shell in Russia in 2000s? How did Russian government force Shell to renegotiate the agreement in 2006? What kind of changes were made in the new agreement?

4. List out at least six suggestions for doing business in Russia.