Loading...
Market
What will be the global market share of the merged Russian oil company by end of 2025?
3
Russia•Rosneft•Gazprom Neft•Lukoil•Wall Street Journal•Saudi Arabia•Aramco•India•China•Exxon Mobil•American
Resolution / Starting Odds
Less than 10% • 25%
10% to 15% • 25%
15% to 20% • 25%
More than 20% • 25%
Reports from international energy agencies or major financial news outlets
Story
Russia Merges Rosneft, Gazprom Neft, Lukoil into World's Second-Largest Oil Producer: WSJ
Nov 11, 2024, 08:59 AM
Russia is reportedly working on a plan to merge its three largest oil companies, Rosneft, Gazprom Neft, and Lukoil, into a single national champion, according to the Wall Street Journal. This move aims to create the world's second-biggest crude oil producer, only surpassed by Saudi Arabia's Aramco. The merger is expected to help Russia secure more advantageous energy deals with non-Western states and potentially enable the country to negotiate higher prices from customers in places like India and China. The combined state-backed entity would produce almost three times as much oil as Exxon Mobil, the largest American producer.
View original story
Similar markets
Less than 10% • 25%
10% to 15% • 25%
15% to 20% • 25%
More than 20% • 25%
Merger completed • 25%
Merger partially completed • 25%
Merger not completed • 25%
Merger officially abandoned • 25%
Yes • 50%
No • 50%
Significant increase • 25%
Significant decrease • 25%
No significant change • 25%
Volatile fluctuations • 25%
Exxon Mobil • 25%
BP • 25%
Chevron • 25%
Other • 25%
Increase by 5% or more • 25%
Increase by less than 5% • 25%
No change • 25%
Decrease • 25%
Increase above 10% • 25%
Increase between 0% and 10% • 25%
No change • 25%
Decrease • 25%