Russia to Explore Mega Oil Merger – WSJ

INSUBCONTINENT EXCLUSIVE:
Moscow is exploring a plan to merge its three largest oil companies into a single mega oil producer, The Wall Street Journal reported
place, they do not necessarily guarantee that the deal will happen, the sources said
Speculation is nothing new, but there are obstacles that could prove too large to overcome, including opposition from company executives and
finding the cash to pay out Lukoil shareholders.A Kremlin spokesperson said the administration had no knowledge of a deal.A Rosneft
the three companies are immensely powerful in Russia, and a reorganization would carry the risk of vesting too much power in the hands of
one person