We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Bear necessities

30 March 2020 By Dasha Afanasieva, George Hay

The $41 bln oil giant is selling its operations in the country to the Russian state to avoid more sanctions. Moscow is making a generous share payment but in practice keeps voting control. It’s a cheap way for the government to protect a key asset and send a message to the U.S.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)