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Ex-German Chancellor Schröder Will Leave Russian Oil Company Rosneft’s Board

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Former German chancellor Gerhard Schröder’s resignation plans come a day after the European Union’s parliament endorsed sanctions against him.

Former German chancellor Gerhard Schröder told state-owned Russian energy company Rosneft he intends to resign from its board, the company announced Friday, in a major concession from the Kremlin-allied German who fell

into disgrace following Russia’s invasion of Ukraine.... [+]German businessman and Nord Stream AG chief executive Matthias Warnig also informed Rosneft of his exit from its board, the company said in a statement reported on by

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