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Russia’s richest oligarch backs Irish fracking firm Falcon Oil in gamble

Russia’s richest oligarch backs Irish fracking firm Falcon Oil in gamble

Viktor Vekselberg’s Renova is one of the biggest shareholders in ESM-listed Falcon, which will soon start drilling in Australia. Russia’s richest man has emerged as a major backer of Dublin-based fracking company Falcon Oil & Gas. Viktor Vekselberg, who has a $14.7bn fortune, owns 12.24 % of the company through Soliter Holdings, part of his conglomerate the Renova group.

Read more at:  Russia’s richest oligarch backs Irish fracking firm Falcon Oil in gamble