Business Ticker: Rosneft Germany Remains Under Federal Trusteeship
The German government has placed Rosneft's subsidiaries under the trusteeship of the Federal Network Agency due to ongoing geopolitical tensions.
FT uncovered Russia's oil smuggling network: total β more than 90 billion US dollars
A newspaper investigation revealed a network of 48 seemingly independent companies operating under different physical addresses, believed to be collaborating to obscure the origin of Russian oil from Kremlin-controlled Rosneft.
Rosneft Germany: Endgame in Schwedt
The PCK Refinery in Schwedt, under Rosneft Deutschland, faces the expiration of exceptions from US sanctions, prompting concerns and hopes of a potential American investor stepping in.