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Russia mulling mega oil merger in Rosneft, Gazprom unit & Lukoil combination – WSJ

Nov. 09, 2024 4:21 PM ETPJSC LUKOIL (LUKOY) Stock, GZPFY Stock, RNFTF StockUCO, XOM, USO, DBO, DEM, USL, EMXC, FILL, DVYE, ARMCO, OILK, DWCR, ECOWBy: Anuron Mitra, SA News Editor
ROSNEFT gas station at night in Moscow.

Aleksandr Potashev/iStock Editorial via Getty Images

The Russian government is working on a plan under which oil behemoth Rosneft (OTC:RNFTF) would take over fellow state-backed producer Gazprom Neft – a unit of Gazprom (OTCPK:GZPFY) – and independently owned Lukoil (OTC:LUKOY), the

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