Geostrategic Business Intelligence Trends (GeoBITs)

September 20, 2022

Russia & Europe

Economy

Last week, Germany’s economic ministry announced that it is seizing oil refineries belonging to Russian oil giant Rosneft to alleviate the energy crisis caused by Russia’s invasion of Ukraine. The takeover entails that two Rosneft subsidiaries Rosneft Deutschland GmbH and RN Refining & Marketing GmbH will be placed under the truste…