The report identifies the Bermuda-based Wakefield Quin law firm as a conduit between Russian kleptocrats and U.S.-based charities intent on hobbling the American energy sector, including shareholder activism by religious groups. According to the report, Nicholas Hoskins is current senior counsel at Wakefield Quin and is affiliated with Marcuard Holdings Ltd, which includes investment firm Spectrum Partners Ltd., holding company Spectrum Partners Ltd., Marcuard-Spectrum, which all operate from WQ's Bermuda office. The Environmental Policy Alliance, a Washington-based group that researches funding and agendas of environmental activist groups, reports that "one of the founders of Marcuard is also the chair of Russian-owned giant Rosneft." Not only is Rosneft a "giant," it also is the world's largest oil company.