BP bows out of two Russian oil and gas blocks held with Rosneft

Yermak Neftegaz joint venture's ambitious exploration goals have borne little fruit so far

Drilling chill: BP has dropped two East Siberian onshore blocks from its Yermak Neftegaz joint venture — Drilling chill: BP has dropped two East Siberian onshore blocks from its Yermak Neftegaz joint venturePhoto: REUTERS/SCANPIX

Vladimir Afanasiev

Moscow

BP Rosneft Russia Yermak Neftegaz Vostok Oil

Published 5 May 2021, 07:55Updated 5 May 2021, 09:20