Shell announced Monday it will end its partnerships with Russian energy company Gazprom following Moscow's invasion of Ukraine.
Why it matters: Two major oil companies have now divested from Russian energy companies following the unprovoked attack on Ukraine, further signaling that it could reshape the West’s energy relationship with Russia.
Biomason, a Durham, N.C.-based startup that's using microorganisms to "grow" cement, raised $65 million in Series C funding led by venture capital firm 2150.
Why it matters: Cement manufacturing is estimated to be responsible for around 8% of global carbon emissions.
British oil company BP said Sunday it will exit from its 19.75% stake in Rosneft, the Russian oil giant with ties to the Kremlin, and that BP CEO Bernard Looney will immediately resign from Rosneft's board.
Driving the news: The British government had called for the move Friday, when it summoned Looney to a meeting with U.K. business secretary Kwasi Kwarteng and accused Rosneft of providing fuel to Russian President Vladimir Putin’s army for the invasion, according to multiple reports.
