Rosneft has announced that it has terminated operations in Venezuela and passed its assets held in Venezuela to an unnamed Russian state-owned company. This follows a recent tightening of sanctions on Venezuela, and sanctions imposed on 2 Rosneft subsidiaries in February and March 2020, respectively, for operating in the oil sector of the Venezuelan economy (see post and post). The …
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Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters &...