Lockdowns, travel restrictions and the shift toward remote working have combined to cut global demand for oil. Moscow hopes it’s all just a passing trend. But is that really the safest bet?
Tag: Rosneft
Though denied by Putin, there is evidence emerging that investment projects elsewhere in Russia are being held up in order to divert funds to projects in newly annexed Crimea.
MOSCOW — The Kremlin is already busy looking for ways to compensate for the economic hit that could come if sanctions get worse or Western businesses start to shy away from working in Russia. And the direction Moscow is looking is decidely to the east. Actively developing relationships with East Asia was on Moscow’s mind […]
BELGRADE – Clean shaven, impeccably dressed in a dark suit and tie, Dominique Strauss-Kahn is back in business. On Sept. 17, France’s former Finance Minister and disgraced head of the International Monetary Fund officially accepted a post as economic adviser to the Serbian government. DSK’s hosts in Belgrade had a hard time hiding how proud […]
KOMMERSANT (Russia) BBC Worldcrunch MOSCOW – Russian President Vladimir Putin is back in the middle of the oil business. Putin met this week with the head of Rosneft, a partially state-owned oil company, as well as the president of BP and a representative from the British multinational’s board of directors to see if a partnership […]