Tag Archives: Russia

By Alexandra Ulmer (Reuters) – Venezuelan state oil company PDVSA and Rosneft are negotiating a financing deal under which the Russian oil major could lend its South American counterpart $5 billion, a source close to the negotiations said on Wednesday. In return, the source said, Rosneft wants to increase participation in the Petromonagas joint venture, invest in and export gas instead of selling it at a major discount on the price-controlled local market, gain more control of operations and oil sales, … Lees meer →