Russia’s Rosneft cuts investment by 21% over weak oil prices, output deal

Capt. John

Igor Sechin, the head of Russia’s energy giant Rosneft, told President Vladimir Putin on Tuesday the company would cut investment by around 200 billion roubles ($2.7 billion), or 21%, this year due to the global output deal. Brent crude prices fell 65.6% in the first quarter, before the group of...

https://www.hellenicshippingnews.com/russias-rosneft-cuts-investment-by-21-over-weak-oil-prices-output-deal/

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