Three U.S. oilfield services providers – Halliburton, Schlumberger, and Baker Hughes – have decided to suspend any future investments and operations in Russia following the country’s attack on Ukraine and the widespread sanctions imposed as a result of the war.
The attack gave rise to numerous sanctions not only against Russia but also against its companies, oligarchs, and specific people, further impacting the energy market, which has been experiencing a period of instability ever since the war started.
Path Investments plc (LON:PATH) is an energy investment company, and is focused on making investments in the energy sector on a global basis. The company seeks to create value for its shareholders through acquisitions, joint ventures or direct interests in energy businesses or associated projects.
