Spotlight AFRICA Africa Energy Intelligence dated 03/04/2018

Exxon and BP unleash Rosneft bulldozer on the continent

Directed by Putin's ally Igor Sechin, Rosneft is investing in African projects.
Directed by Putin's ally Igor Sechin, Rosneft is investing in African projects. ©Rosneft
Rosneft, which is majority controlled by the Russian State, will be using its virtually bottomless funds - it produces over 5 million boepd, more than ExxonMobil - to secure permits and trading contracts in Sub-Saharan Africa. Directed by the former [...] (611 words)
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