Russian sausage tycoon Pavel Antov was discovered dead in a hotel in India. Antov, 65, fell from a hotel window on Sunday in the city of Rayagada. Russian consul in Kolkata said police did not see “criminal element” in his death. Two days after a friend passed away while on the same vacation, Russian sausage … Read more
Shell has agreed to sell almost 400 of its gas outlets in Russia to Lukoil, the country’s second-largest oil company. Shell Neft, the company’s Russian business, will be sold for an unknown value. Following Russia’s invasion of Ukraine, several Western oil and gas companies have been trying to sell their Russian operations. The transaction, which … Read more
The CEO of Russia’s oil behemoth Lukoil, who has called for an end to the Kremlin’s military assault in Ukraine, announced his departure from the firm he established on Thursday. Vagit Alekperov’s departure was announced in a brief statement by Lukoil, but no reason was given for his decision to leave Russia’s largest oil producer. … Read more
LONDON: Oil prices slid on Friday, heading for a slight decline over the week, on concern curbs to slow the spread of the Omicron variant could hit demand, Arab News reported. Brent crude futures declined 1.5 per cent to $73.88 a barrel at 1.10 p.m. Riyadh time, while US West Texas Intermediate (WTI) crude fell 1.4 per … Read more
