SITUATION REPORT

Russia: Rosneft Chief Looks To Take Controlling Stake In Bashneft

Aug 30, 2016 | 13:37 GMT

Igor Sechin, CEO of the state-controlled Russian oil giant Rosneft, has put forward a proposal to let Rosneft buy a controlling stake in the smaller oil company Bashneft for $5 billion, unnamed officials said, Bloomberg reported Aug. 29. ...

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