Rosneft, partners to announce acquisition of India's Essar Oil completed
NEW DELHI/MUMBAI (Reuters) - A consortium led by Russian oil major Rosneft(ROSN.MM) will announce on Monday completion of a $12.9 billion deal to acquire Indian private refiner Essar Oil, strengthening ties between the world's largest oil producer and the fastest growing fuel consumer.
Russian court rejects Siemens' plea to seize its turbines in Crimea
MOSCOW (Reuters) - A Moscow court has rejected a request by Siemens to seize its gas turbines, which have turned up in Crimea contrary to EU sanctions, and to ban their installation ahead of preliminary hearings next month, the court's ruling showed on Sunday.
Britain tries Trojan Horse trade tactic in Ireland
The UK government is trying to send a trade Trojan Horse to Ireland. The European Union wants Northern Ireland’s knotty border issue resolved before Britain’s wider exit terms from the bloc can be agreed. New proposals from London deftly advance the government’s trade agenda, couched in concern for the region’s peace process. It may not work, but it’s smart, because having Dublin onside raises the chances of Britain getting what it wants.
Venezuela's PDVSA defends 'perfect' relationship with Russia
Venezuela's alliance with Russia is "perfect," the president of state oil company PDVSA said on Friday, blasting what he said was a U.S.-led attempt to sully the growing ties between the two nations.
China Unicom's $12 billion ownership-reforms plan mired in confusion
Telecoms group China Unicom's $11.7 billion ownership-reforms plan, billed as a model case for revitalizing Chinese state firms with private capital, remained under a cloud on Friday, with confusion about fundraising details persisting.
Exclusive: China's CEFC in early talks to buy Rosneft stake - sources
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.
German ex-chancellor Schroeder hits back in Russia row before vote
Former German Chancellor Gerhard Schroeder hit back at criticism of his planned new job at Russian oil producer Rosneft on Thursday, accusing his foes of political maneuvering to help get Angela Merkel re-elected.
Alibaba beats on earnings as e-commerce remains core revenue driver
Alibaba, China's top e-commerce firm, beat analyst estimates with a 56 percent rise in first-quarter revenue, driven by strong online sales.
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