Eric Rosenbaum. >To follow the writer on Twitter, go to Eric Rosenbaum. >To submit a news tip, send an email to: firstname.lastname@example.org.
The acquisition of an almost 20% stake in Russia's biggest oil producer is a tweak on the usual style for Glencore's deal-junkie CEO.
CNOOC paid almost five times more than needed for one block, while Chevron, ExxonMobil and Total also coughed up for currently unprofitable deepwater reserves.