You are here

China deepens oil ties with Russia with deal for share of Rosneft


A CLOSELY held Chinese oil company agreed to buy a minority stake in Rosneft PJSC for about US$9 billion, deepening energy and political ties with Russia amid increasing tensions with the US.

The deal sees Glencore plc and Qatar's sovereign wealth fund selling most of their...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to