Rosneft May Top Gazprom as Kremlin's Crown Jewel of Energy

Updated on
  • Oil producer's market value may exceed gas monopoly this year
  • Gazprom hurt by falling EU revenues, disputes with Ukraine

Headquarters of OAO Rosneft in Moscow, Russia.

Photographer: Andrey Rudakov/Bloomberg

The two energy companies at the heart of Russia’s economy are on the verge of a historic reversal that could subtly shift the balance of power in the corridors of the Kremlin.

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