Norway’s Equinor became the first Western oil major to fully exit Russia this month, avoiding the high-profile clashes with Moscow experienced by some rivals – but it also paid a price. According to three industry sources, Russia’s Rosneft (ROSN.MM) paid just one euro ($1) for Equinor’s (EQNR.OL) main assets, while also allowing the state-controlled Norwegian group to forgo future liabilities and investment commitments. Details of the deal, which came as scores of Western businesses pulled out of Russia following its invasion of Ukraine, have not previously been reported. The deal followed weeks of negotiations between Equinor and Rosneft’s representatives, who in turn handled relations with the Kremlin, which holds the final say on such transactions. Under the deal, the Kremlin agreed to transfer Equinor’s future […]