Rosneft and Trafigura-UCP Consortium acquire Essar Oil (Mauritius) for US$12.9b

The Essar house in Port-Louis city, Mauritius Russia’s Rosnef, (through its subsidiary, Petrol Complex Pte. Ltd) has acquired 49.13% stake Essar Oil Limited (EOL). The deal represents Russia’s largest ever foreign investment into any country so far. Rosneft CEO, Igor Sechin stated that “this day marks the beginning of a new chapter for EOL. Together with […]

End of world senario: Religion is back in American political discourse

Roy S. Moore, who won a special Republican primary runoff for an Alabama Senate seat on Tuesday, is a staunch evangelical Christian. The return of religious discourse in politics is part of the end-of-the-world scenario. Roy Moore who recently suggested the attacks of 9/11 may have been a punishment for the country’s decision to turn […]