Orlen Overtakes Rosneft to Become the Largest Oil Company in the Region

Poland's Orlen has surpassed Russia's Rosneft in stock market valuation, becoming the largest oil company in the region by market cap. The Polish energy giant had previously already overtaken Gazprom, Lukoil and Novatek. Russian energy firms, once commanding valuations up to $200 billion in Gazprom's case, have seen their dominance collapse since 2022.