Rosneft
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Rosneft Headquarters, Sofiyskaya Embankment, Moscow
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| Public () | |
| Traded as |
MCX: ROSN : |
| Industry | Oil and gas |
| Founded | 1993 |
| Headquarters | Moscow, Russia |
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Key people
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Igor Sechin (CEO) (Chairman) |
| Products |
Petroleum Natural gas Motor fuels Petrochemicals |
| Revenue |
 US$91.72 billion (Q4 2014)
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US$1.30 billion (Q4 2014)
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| Owner | (in 2016) Russian government ( 50%) BP (19.75%) Qatar and Glencore ( 19,5%) |
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Number of employees
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106,000(2014) |
| Parent | Rosneftegaz |
| Website | www |
Rosneft (Russian: Росне́фть, IPA: [rɐˈsʲnʲefʲtʲ]) is an integrated oil company majority owned by the Government of Russia. Rosneft is headquartered in Moscow's Balchug district near the Kremlin, across the Moskva River. Rosneft became Russia's leading extraction and refinement company after purchasing assets of former oil giant Yukos at state-run auctions. In March 2013, Rosneft became the largest publicly traded oil company, after buying TNK-BP.
Rosneft conducts oil and gas exploration and production activities on Sakhalin island, Siberia, Timan-Pechora field and in southern Russia, including Chechnya. It owns and operates two refineries. The refinery in Tuapse, on the Black Sea, focuses on refining high-gravity oil from western Siberia. Another plant in Komsomolsk-on-Amur is the easternmost refinery in Russia. The Komsomolsk Refinery benefits from its technological integration with Nakhodkanefteprodukt, while the Tuapse Refinery is noted for its favorable location on the Black Sea coast and is part of an integrated complex with Tuapsenefteprodukt. Rosneft operates shipping (Arkhangelsknefteprodukt), pipeline and marketing companies. As of 29 December 2006, the company's market value was US$83.908 billion. Rosneft net income fell 20% for the first quarter of 2009 from $2.56 billion to $2.06 billion due to the weakness of oil price. Rosneft is 75.16% owned by the Russian state, BP a British multinational oil and gas company headquartered in London, England, United Kingdom owns a 19.75% stake while around 5% of the shares are in free float. On December 7, 2016, 19.5% of the company was sold to an anonymous buyer.
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Wikipedia