The merger would strengthen President Putin's influence over world energy markets. The talks reflect Putin's desire to mobilize the energy sector to support his war effort. Merger plans have sparked speculation, but obstacles include opposition from some executives of the companies involved. A combined company could allow Russia to get higher prices from customers in countries such as India and China.
Sources
Latest News
18:53
The Romanian government has declared a national state of alert for the month of August due to severe drought and a decrease in electricity production.
18:50
Donald Trump described the situation in Ceuta, where over 60,000 illegal migrants have entered, as 'terrible' and warned that the U.S. will experience the same crisis if democrats win the elections in 2028.
18:44
Poland: Prime Minister Donald Tusk announced the summoning of the Russian ambassador after the crash of a Russian missile in eastern Poland.
18:40
UNICEF announces that 2,500 children have been killed or injured in Iran due to the war, with 386 deaths and 2,117 injured.
18:24
Ciprian Ciucu criticizes the interventions of the courts that suspend administrative decisions
See more news