Monday, June 15, 2015

Sanctions Rebellion: Putin to Meet With Western Oil Executives

The chief executives of BP, Shell and Total are scheduled to hang out with Vladimir Putin later this week at the St. Petersburg International Economic Forum. The once-popular event has been shunned for the past two years by Western bankers and non-oil industrial leaders following Russia’s annexation of Crimea and the conflict in eastern Ukraine. But these energy giants see dollar signs in the sanction-riddled country, with BP recently estimating Russia to possess the sixth-largest supply of oil on the planet .... http://russia-insider.com