BEIJING: CEFC China Energy's plans to buy a $9.1 billion stake in Russia's Rosneft are still viable even as the embattled private company faces financial strife and intense regulatory scrutiny, Bloomberg reported on Wednesday citing an official.CEFC may cut half of its 30,000-strong workforce, the report said, citing Zhuang Jianzhong, vice director of the company's international research unit.
"We are trying to streamline our business and staff, and hope we can make it through this difficult time," Zhuang was cited as saying on the sidelines of an energy conference in Shanghai.