Rosneft: China’s CEFC in Talks to Buy Stake
CEFC China Energy, which has grown from a niche oil trader to a sprawling energy conglomerate, is in talks to acquire a stake in Russian state oil giant Rosneft (ROSN.MM), three people with direct knowledge of the discussions said. The people said senior executives at both companies were in preliminary …
Rosneft and CEFC China Energy Company Sign Strategic Cooperation Agreement
Rosneft and CEFC China Energy Company Limited signed a strategic cooperation agreement during the official visit of the President of the People’s Republic of China to Moscow. The Strategic Cooperation Agreement envisages cooperation of the parties in such areas as exploration and production, oil refining and petrochemicals, crude oil and …