China to win stake in Russia’s Yukos oil company
Russian officials announced that Chinese National Petroleum Company could take a 20% stake in a key subsidiary of Russia’s embattled Yukos oil company. Yuganskneftegas was recently purchased by the state-owned Rosneft, which is planned to merge with Gazprom. Yukos’ chief, Mikhail Khodorkovsky, was arrested on corruption charges last year. See reports in the New York […]
Read More