Sanctions Force Foreign Executives At Rosneft To Quit

European-born executives at Rosneft quit the Russian oil giant days before the EU sanctions banning European citizens from working at the state-held Russian firm entered into force, Reuters reported on Friday, quoting six sources with knowledge of the matter. The departure of the five now-former executives at Rosneft could stall the development plans of the Russian oil giant and the ambition of its CEO, Igor Sechin, to have a multi-national executive team to lead various divisions at the company.   Rosneft’s vice presidents Eric Liron,…