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Monday, 7 May 2018

Glencore cancels proposed sale of stake in Russian oil company Rosneft

Glencore cancels proposed sale of stake in Russian oil company Rosneft

07 May 2018, News Wires – Commodities giant Glencore says it is terminating a proposed deal to sell nearly all its stake in Russian oil company Rosneft to a Chinese energy company. Baar, Switzerland-based Glencore said it has sent notice to CEFC China Energy Company Ltd. that the deal has been canceled. Representatives from Glencore and …

The post Glencore cancels proposed sale of stake in Russian oil company Rosneft appeared first on SweetCrudeReports.

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