German energy giant leaving Russia ...News

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German energy giant leaving Russia
Wintershall says it is working on divesting from joint projects in the sanctioned country One of Europe’s leading oil and gas companies, Wintershall Dea, announced plans to completely pull out of Russia and is currently exploring ways to withdraw from joint projects in the country. “We no longer see any prospects for the energy partnership in and with Russia for the foreseeable future. Our decision is final,” Wintershall CEO Mario Mehren stated at a press conference on Wednesday. “We have been taking appropriate steps over the past weeks.”  The company is studying options to divest from its Russian assets and taki

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