Neil Buckley in the FT has written some sharp analysis this week on the recent $55 billion deal that saw both of the interests previously controlling TNK-BP falling under the control of Rosneft and its overlord, the Kremlin.  The move is dubious on a number of counts, says Buckley.  Igor Sechin’s lack of direct industry experience means that ‘the rise of Rosneft seems intimately linked with that of Mr Sechin personally.‘  And the sheer gargantuan size of the new Rosneft (the world’s largest energy company in terms of output) will give it an unprecedented advantage over ‘everything from the best acreage to oilfield services‘.