Proverbs tell us a great deal about how a views the same phenomenon. Brits would say that necessity is the mother of invention whilst many Eastern European nations would contend that it is poverty that is the mother of all arts – and both would mean more or less the same thing. What happens if those at the helm get really creative, perhaps even without an apparent need for it? Rosneft’s push to propel its Vostok Oil project into the limelight might have brought about an illustrative case of how crafty people can get when future prosperity is at stake, defying the centuries-old proverbs (but not the market expectations). Foresight, anticipation, sense of timing – all of it is necessary when one is to reintegrate a company that was spun out just several years ago. Vostok Oil (a rather odd cross-combination of Russian and English meaning “East Oil”) is […]