Rosneft has completed repayment of the second, $5.2 billion tranche of the short-term loan it raised last year to finance acquisitions. After major campaigning from the World Wildlife Fund and other environmental charities, the British government will now not support Russia’s Sakhalin II project. Germany’s RWE took effective control of TGK-2, one of three large Russian power producers in which stakes were sold by United Energy System, paying just under $400m.