Quartz | Russia's Rosneft is reportedly making a big play for India's oil and gas sector Quartz Oil major Rosneft—majority-owned by the Russian government—along with Dutch commodities trading firm Trafigura and Russian fund United Capital Partners (UCP), is close to acquiring a controlling stake in the Mumbai-based firm, multiple media reports ... Rosneft, Trafigura, UCP Set to Buy 98 Percent Of India's Essar Oil Rosneft, others to buy Essar Oil in $13 bn deal; Ruias to have only token 2% stake Rosneft, two others to buy 97.4% in Essar Oil |