Germany to nationalizing Gazprom and Rosneft units in the country. The two Russian energy giants have a significant footprint in Germany. Germany, Europe’s largest economy, is heavily reliant on Russia for natural gas. Germany is considering nationalizing Gazprom and Rosneft …
BP said on Sunday it plans to abandon its 19.75% stake in oil giant Rosneft (ROSN.MM) in the wake of Russia’s invasion of Ukraine, marking an abrupt and costly end to 30 at times fraught years operating in the oil-rich …
By Tsvetana Paraskova Russia’s biggest oil producer Rosneft doesn’t expect the end of the U.S. sanction waivers for all Iranian oil buyers to lead to a global supply deficit this quarter and next, Rosneft’s chief executive Igor Sechin told Reuters on Friday. …