Russia News

Rosneft Re-appoints Sechin as CEO

Russian energy giant Rosneft on Friday re-appointed Chief Executive Igor Sechin, an ally of President Vladimir Putin, for another five years.Sechin, who turns 60 in September, turned the company into one of the world's top oil players and earned the accolade of oil tsar.He starts his new five-year term at a critical time as the coronavirus impact has hammered oil prices and a supply output pact is limiting Russia's ability to produce the fuel that is central to its economy.Sechin rose from being Putin's aide in 1990s to becoming one of Russia's most influential players after he started