As ConocoPhillips Exits Russia, Tehran and Moscow Strengthen their Energy Ties
ConocoPhillips sells stake in Rosneft joint venture
Five years ago, U.S. oil major ConocoPhillips (ticker: COP) sold its single largest asset in Russia, a stake in Lukoil (ticker: LKOH), for $9.5 billion.
Last week COP announced that it has sold …