@rosneft.com
The leader of Russia’s petroleum industry.
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About
Description
Rosneft is an integrated oil company based in Moscow, Russia. It was founded in 1993 when the Russian government merged several state-owned oil and gas assets. As of 2021, Rosneft is one of the largest publicly traded oil companies in the world.
The company's headquarters are located in Moscow, Russia. It operates in various regions across Russia, including Western Siberia, Far East, Timan-Pechora, and Southern Russia. Additionally, Rosneft has international operations in countries such as Venezuela, Iraq, India, and others.
Rosneft is involved in all stages of the oil and gas production process, including exploration, extraction, refining, and distribution. The company's main products include crude oil, refined petroleum products, natural gas, and petrochemicals. Rosneft also operates in the electricity generation sector, with a focus on renewable energy.
Rosneft owns several noteworthy subsidiaries, joint ventures, and partnerships. One of its major subsidiaries is TNK-BP, a joint venture with BP, in which Rosneft obtained controlling interest in 2013. The company has also established partnerships with ExxonMobil, Eni, and other international oil and gas companies.
In terms of market position, Rosneft is one of the largest oil companies globally. It is ranked among the top oil producers and has a significant share in Russia's domestic oil market. Rosneft's global sales are driven by its extensive infrastructure and access to large hydrocarbon reserves.
Over the years, Rosneft has achieved numerous significant milestones and implemented changes in its strategy. In 2013, it acquired TNK-BP, which increased its reserves and production capabilities. In recent years, Rosneft has also made efforts to diversify its energy portfolio by investing in renewable energy projects.
As of the latest available information, Rosneft continues to expand its global presence through strategic partnerships and investments. The company remains a key player in the global oil and gas market, contributing to Russia's energy security and economic growth
Company Type
Public Company
Company Size
10,001+
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