Wednesday, March 12, 2025

Lukoil Overtakes Rosneft, Gazprom in Market Value

From Reuters Lukoil, Russia’s second biggest oil producer by output, became the country’s biggest company by market capitalization on Wednesday, briefly overtaking state-owned Rosneft and Gazprom. Lukoil’s shares hit an intraday all-time high of 3,985 rubles ($69.24) in mid-January on a recovery in oil prices, although its market value was less than Gazprom’s. But on Wednesday, its Moscow shares traded

Taxes On Natural Gas Pipelines Can Result In Money Flow For Rural Schools

From WNCW/NPR Across the country, tensions between natural gas pipeline companies and local communities have been rising as pipeline construction expands. Many people have environmental concerns, but these projects also bring money to these communities. In some cases, taxes on the projects are leading to new funds for rural school districts. StateImpact Ohio’s Ashton Marra reports. ASHTON MARRA, BYLINE: On