Coverage of issues surrounding expropriation of business by the Russian state

Rosneft Completes $55 Billion TNK-BP Russian Oil Acquisition

Bloomberg: OAO Rosneft (ROSN), Russia’s biggest oil company, sealed its $55 billion acquisition of TNK-BP, becoming the world’s largest publicly traded oil producer by output. Rosneft completed the transaction today, the state-run producer said in a statement. After using some of … Continue reading