THE NEW RUSSIAN EMPIRE - 10
Russian billionaire Mikhail Fridman has agreed to buy E.ON's oil and gas assets in the Norwegian North Sea for $1.6 billion after his attempt to get a foothold in the British North Sea was blocked by the government.
Fridman's LetterOne fund acquired the British fields as part of its takeover of RWE's DEA oil and gas business in March, but was forced to sell them again as the West tightened sanctions against Moscow over its role in Ukraine.
LetterOne agreed last week to sell DEA's British oil and gas assets to Swiss chemicals company Ineos, though Britain told him he was still welcome to invest in the country.
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