Rosneft eyes exit from Nayara Energy amid sanctions, talks with Indian conglomerates underway

Rosneft, Russia's largest oil company, is considering selling its 49.13% stake in Nayara Energy due to difficulties in repatriating earnings amid sanctions. Valued at over $20 billion, the company has had discussions with Indian conglomerates like Reliance Industries and Adani Group, though a deal may not be finalized.