In terms of total dollar market value, Russian oil company Rosneft said it’s well ahead of its other counterparts in the nation’s energy sector. Rosneft President Igor Sechin , a close ally of Russian President Vladimir Putin, said his company was now bigger than Gazprom , among the energy companies in the world. “We’re well ahead of other Russian companies in terms of market capitalization, while the gap in valuation with the second-biggest company (in the country) Gazprom has exceeded $5 billion,” he was quoted by Russian news agency ITAR-Tass as saying. Rosneft last week reported total revenue for the first quarter of 2016 at $14.5 billion, about 22 percent lower than the previous quarter. Most companies are reporting […]