Japan’s industry minister says that a Japanese consortium has decided to retain its stake in the new Russian operator of the Sakhalin-1 oil and gas project
Russia taking over ownership stakes in Arctic oil field
MOSCOW (AP) — Russia announced further moves Tuesday to take over foreign ownership stakes in energy projects, saying it would acquire the stock in an Arctic oil field now held by French and Norwegian...
Russia seizes control of partly foreign-owned energy project
MOSCOW (AP) — Russian President Vladimir Putin has handed full control over a major oil and natural gas project partly owned by Shell and two Japanese companies to a newly created Russian firm, a bold...