Politics

Mergers & acquisitions fall off a cliff in Russian oil and gas sector

Investors from India, China and elsewhere are in no rush to snap up assets left behind by Western oil majors

Deserted: view of the Kremlin's Spasskaya Tower, Red Square, the GUM department store and St Basil’s Cathedral in central Moscow.
Deserted: view of the Kremlin's Spasskaya Tower, Red Square, the GUM department store and St Basil’s Cathedral in central Moscow.Photo: AP/SCANPIX
  • Vladimir Afanasiev
Rystad EnergyRussiaChinaIndiaBP
Published 20 January 2023, 14:58Updated 20 January 2023, 16:54