INVESTMENT WATCH- Rosneft is looking to invest USD 2 bn in the field over the next four years, Reuters reports. Rosneft also said it may increase its stake in gasfield to 35%. The Russian major had purchased a 30% stake from Eni for USD 1.125 bn. The company and its investments have made it an effective foreign policy tool for Russian President Vladimir Putin, often at the cost of its investors, Stephen Bierman and Elena Mazneva write for Bloomberg. The company has spent USD 100 bn during Putin’s tenure, accruing a substantial amount of debt, which increased for a fifth consecutive quarter to USD 48.4 bn.

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