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ROSN RosinBomb (PK)

0.0166
0.00 (0.00%)
24 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
RosinBomb (PK) USOTC:ROSN OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0166 0.012 0.017 0.00 11:47:29

Total Sells Stake in German Refinery to Rosneft for $300 Million

19/06/2015 10:59am

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RosinBomb (PK) (USOTC:ROSN)
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By Inti Landauro

PARIS--France's Total SA (TOT) Friday said it sold its 16.67% minority stake in the Schwet refinery in Germany to Russian oil company Rosneft (ROSN.MZ) for $300 million, as part of a broader asset-sale program in response to the oil price collapse.

Total said the sale also reflects its plan to divest refining activities and focus on oil and gas extraction.

Roseneft already indirectly controlled a 18.75% stake in the Schwedt refinery.

Royal Dutch Shell (RDSA.LN), BP PLC (BP) and ENI Spa (ENI.MI) also own minority stakes in the refinery.

-Write to Inti Landauro at inti.landauro@wsj.com

1 Year RosinBomb (PK) Chart

1 Year RosinBomb (PK) Chart

1 Month RosinBomb (PK) Chart

1 Month RosinBomb (PK) Chart

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