The Russian power play on oil, natural gas reserves

THE LAST few years have been humbling for multinational energy corporations, which until recently were the most self-assured, if not arrogant, businesses in the world. This change in status has been particularly dramatic in Russia, where nearly every foreign private energy corporation has met its comeuppance. Yet these same foreign operators endure the pain and smile helplessly as their operations ... (Full article: 727 words)

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