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Thursday, 12 March 2015

Glencore to take a 49% stake in Russia’s RussNeft


12 March 2015, News Wires – Swiss-based Glencore is set to acquire a 49% stake in Russia’s RussNeft, one of the country’s 10 biggest oil companies. According to businessman Mikhail Gutseriyev, RussNeft’s chairman, the oil producer will however retain 51% of shares. Gutseriyev said in an interview with state Russian television TV Rossiya24 the two […] More »

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