John Browne’s return to the top of an oil company started with a phone call from a Russian oligarch who had $10 billion burning a hole in his pocket.
German exploration firm Wintershall says it will engage with the UK government over a move which would see a Russian billionaire becoming part-owner of a North Sea gas field.
Mikhail Fridman, the Russian billionaire who was forced to give up North Sea oil and gas assets, has snapped up health and food retailer Holland and Barrett (H&B) for £1.8billion.
Oil and gas firm DEA, controlled by Russian billionaire Mikhail Fridman, is eyeing more Norway deals, the firm's recently appointed Norway manager said in an interview
A plan for developing Norway's Zidane natural gas field could be presented in the second or third quarter of 2016, with the early parts of summer being the most likely time frame, Austria's OMV has indicated.
The $1.6 billion transaction between utility E.ON and Russian billionaire Mikhail Fridman over Norwegian oil assets will be handled like any other, Norway's oil and energy minister said on Wednesday, despite sanctions on Russia.
Russian billionaire Mikhail Fridman’s investment firm LetterOne agreed to buy EON's oil and gas assets in the North Sea for $1.6billion.