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Rosneft Company Profile

 

 
 
 
rosneft
 
 
 

Rosneft is the leader of Russia’s petroleum industry, and one of the world’s largest publicly traded oil and gas companies. The Company is primarily engaged in hydrocarbon exploration and appraisal, production of oil, gas and condensate, offshore field development projects, hydrocarbon refining, marketing of oil, gas and oil products inside and outside Russia, and investment activity. 


One of the key competitive advantages of Rosneft is its vast and high-quality reserve base. Rosneft is the world’s largest company among publicly traded oil companies in terms of proven liquid hydrocarbon reserves and is the absolute leader in terms of hydrocarbon resources.  
 

Rosneft is widely engaged in exploration and production across all key hydrocarbon regions of Russia: Western Siberia, Southern and Central Russia, Timan-Pechora, Eastern Siberia and the Far East.  In addition, the Company is implementing the projects in Kazakhstan, Algeria, Venezuela, Brazil, UAE, Canada, and in the Gulf of Mexico. 

The plans of Rosneft to develop Russia’s shelf, including the Arctic shelf, have a special place among its projects. Rosneft joined forces with ExxonMobil, Eni and Statoil to develop resources of the Russia’s shelf. The companies have been broadening cooperation through technology transfer and joint international projects.     
 

Rosneft operates 11 refineries in Russia and 6 refineries outside Russia, marketing oil products through the retail network that includes over 2,400 retail sites. The Company has been implementing a large-scale refinery upgrade program aimed at increasing refinery throughput in the Russian Federation from 84 to 90 mln. t per annum.
 

Year-on-year improvement in operational performance ensures high financial indicators, which makes Rosnefts one of the largest investors in the Russia’s economy. Since 2011, the amount of dividends paid to Rosneft shareholders has been 25% of the Company’s net profit.  
 

In 2012 Rosneft reached an agreement to acquire 100% stake in TNK-BP. This acquisition of TNK-BP by Rosneft became the world largest M&A transaction in 2012. The total value of transaction was $54.5 bln. The synergy from the transaction is estimated at $12 bln.
 

The successes Rosneft has achieved in its operations contribute significantly to economic and social stability in Russia. Only over the last six years Rosneft and its subsidiaries ensured payment of more than RUR6.8 trln. to the budgets of all levels. Rosneft is among major employers in the Russian Federation.  
 

Rosneft follows the policy of high social responsibility to its employees, their families, local communities in the areas of its operations and to the community as a whole. The fundamental principle of Rosneft business activity is the environmental responsibility. 
Rosneft is the General Partner of Sochi 2014 Organization Committee. 
Official Site: http://www.rosneft.ru/

 

 

 

 

 
 
 

 

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Opening times
Mon 10 Nov, 2014 10.00 - 18.00
Tues 11 Nov, 2014 10.00 - 18.00
Wed 12 Nov, 2014 10.00 - 18.00
Thur 13 Nov, 2014 10.00 - 17.00
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