Rosneft Closes Venezuela Operations to Protect Shareholders
Posted on 03/29/2020
Rosneft is Russia’s largest oil producer. Rosneft closed its operations in Venezuela. The remaining assets linked to Rosneft’s operations in Venezuela were sold to an unnamed company owned by the Russian government. Rosneft made the decision to terminate operations in Venezuela was meant to protect the company’s shareholders. Rosneft said the Venezuelan assets sold include […]