Oil & gas
Russia’s Rosneft to buy 49% stake in Essar oil refinery
09 Jul 2015
Rosneft will gain a significant share in one of the biggest refineries in the Asia-Pacific region, expanding its market, particularly at a time when Russia is burdened with western sanctions
BP agrees to record $18.7 billion settlement over Gulf of Mexico oil spill
03 Jul 2015
The $18.7 bn deal would meet damage claims of the federal government, the states of Alabama, Florida, Louisiana, Mississippi and Texas, as also over 400 local government entities along the coast
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