Tag: rosneft

Germany takes control of Russian firm Rosneft’s operations in the country

Berlin, Germany (AFP) Berlin said Friday it had taken control of the German operations of Russian firm Rosneft to secure energy supplies which have been disrupted after Moscow invaded Ukraine. Rosneft’s German subsidiaries, which account for about 12 percent of oil refining capacity in the country, were placed under trusteeship of the Federal Network Agency, the economy ministry said in a statement. “The trust management will counter the threat to the security of energy supply,” […]

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Russia privatises 19.5 percent of oil giant Rosneft: Kremlin

MOSCOW, Russia (AFP) – by Gabrielle Tétrault-Farber The Kremlin on Wednesday said that Russia had finalised a deal to privatise 19.5 percent of state-owned oil giant Rosneft. Rosneft chief Igor Sechin informed President Vladimir Putin “about the completion of a privatisation deal of 19.5 percent of shares of the largest Russian oil company Rosneft,” Kremlin spokesman Dmitry Peskov told reporters. He added that its investors were the Glencore Consortium and Qatar’s sovereign fund and that […]

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