Post Tagged with: "Bashneft"

Source: Bashneft

Russia Hopes to Bring in $15.9 Billion with Sale of Rosneft and Bashneft Interest

State-owned Rosneft to acquire stake in Bashneft as Russia attempts to go ahead and “privatize”

In a political U-turn, the Russian government has decided to allow state-owned oil giant Rosneft place a bid on fellow oil company Bashneft.

The Kremlin …

Source: Rosneft

Russia Delays $10 Billion Rosneft Privatization

Russia may not be able to sell its stake in Rosneft in 2016

As low oil prices continue to put pressure on the Russian budget, the government in Moscow continues to look for ways to make up budget shortfalls, including …