PARIS—French bank Societe Generale said on Monday it would quit Russia and take a 3 billion euros ($3.3 billion) income hit from selling its Rosbank unit to Interros Capital, a firm linked to Russian oligarch Vladimir Potanin. Rosbank will rejoin the business empire of Potanin, the 61-year-old head of mining giant Norilsk Nickel, who has […]
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New Delhi seeks to run operations of Iranian oil field
May 25th, 2016 Awake Goy
A new report says India’s largest oil company seeks to operate an Iranian oil field in the Persian Gulf. According to the Economic Times, Indian Oil Corp (IOC), has made a bid to operate and produce crude oil from the Iranian field as part of India’s efforts to boost energy ties with Iran. The report […]