According to individuals acquainted with the situation, India is set to buy stakes in offloaded western oil companies due to sanctions in Russia.
Sources told Reuters on Thursday that India has requested state-run energy corporations to look into the prospect of buying BP's investment in Rosneft, a Russian firm plagued by sanctions. BP has already indicated that it will sell its 19.75 percent ownership in the Russian firm.
According to individuals acquainted with the situation, the In...
