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Encyclopedia > Rosneft
Rosneft Oil Company
Type Public
MICEX:ROSN RTS:ROSN
Founded 1993
Headquarters Flag of Russia Moscow
Key people Igor Sechin, Chairman of the Board of Directors
Sergey Bogdanchikov, President
Industry Oil and Gas
Products Natural Gas
Petroleum
Revenue ~ US$24 bn (2005)[1]
Employees ~
Website http://www.rosneft.com/english/
Image:Igor Sechin.jpg
Igor Sechin, Chairman of the Board of Directors

OAO Rosneft Oil Company (MICEX:ROSN RTS:ROSN) is a Russian integrated oil company. Rosneft conducts oil and gas exploration and production activities on Sakhalin island, in Siberia, in the Timan-Pechora province, and in southern Russia, including Chechnya. It also owns and operates two refineries. Its plant in Tuapse, on the Black Sea, focuses on refining high-gravity oil from western Siberia. Another plant located in Komsomolsk-on-Amur is the easternmost oil refinery in Russia. Rosneft operates shipping companies, pipeline companies and marketing companies. This article does not cite any references or sources. ... The headquarter is located on Great Kislovsky Drive in Moscow. ... The Russian Trading System is a stock market established in 1995 in Moscow, consolidating various regional trading floors into one exchange. ... Image File history File links Flag_of_Russia. ... Position of Moscow in Europe Coordinates: , Country District Subdivision Russia Central Federal District Federal City Government  - Mayor Yuriy Luzhkov Area  - City 1,081 km²  (417. ... Igor Ivanovich Sechin (Russian: Игорь Иванович Сечин, born September 7, 1960, Leningrad, Soviet Union) is a Russian politician and businessman. ... Sergey Mikhailovich Bogdanchikov (in Russian: , b. ... Pumpjack pumping an oil well near Lubbock, Texas Ignacy Łukasiewicz - inventor of the refining of kerosene from crude oil. ... Natural gas is a gaseous fossil fuel consisting primarily of methane but including significant quantities of ethane, butane, propane, carbon dioxide, nitrogen, helium and hydrogen sulfide. ... Pumpjack pumping an oil well near Lubbock, Texas Ignacy Łukasiewicz - inventor of the refining of kerosene from crude oil. ... For the tax agency in the United Kingdom of the same name, see HM Revenue and Customs. ... For the album by the Kaiser Chiefs see Employment (album) Employment is a contract between two parties, one being the employer and the other being the employee. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos and other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... Igor Ivanovich Sechin (Russian: Игорь Иванович Сечин, born September 7, 1960, Leningrad, Soviet Union) is a Russian politician and businessman. ... The headquarter is located on Great Kislovsky Drive in Moscow. ... The Russian Trading System is a stock market established in 1995 in Moscow, consolidating various regional trading floors into one exchange. ... Sakhalin (Russian: , IPA: ; Japanese: 樺太 ) or サハリン )); Chinese: 庫頁; also Saghalien, is a large elongated island in the North Pacific, lying between 45°50 and 54°24 N. It is part of Russia and is its largest island, administered as part of Sakhalin Oblast. ... “Siberian” redirects here. ... The Timan-Pechora Basin is an oil field basin in northern Russia. ... Tuapse (Russian: , Adyghe: ТIуапсэ) is a town in Krasnodar Krai, Russia, situated on the northeast shores of the Black Sea. ... For other uses, see Black Sea (disambiguation). ... this is the coolest town u have to visit this town i visited it and it completely changed my life from now i love russia Komsomolsk-on-Amur (Russian: ; often transliterated directly as Komsomolsk-na-Amure) is a city located in Khabarovsk Krai, Russia on the left bank of Amur...


Although the company is an open joint stock company, according to its website, the state maintains a controlling interest. A joint stock company is a type of business partnership in which the capital is formed by the individual contributions of a group of shareholders. ...


Market value of the company on the 29th of December was valued at $83.908 billion [2]. [3]


Rosneft and Rusneft are two seperate companies.

Contents

Current events

In 2004 the company agreed to merge with Gazprom. The merger plans were discarded in May 2005 because Rosneft president Sergey Bogdanchikov did not wish to take a lesser role in the integrated company answering to Gazprom CEO Alexei Miller. Gazprom (LSE: OGZD; Russian: , sometimes transcribed as Gasprom) is the largest Russian company and the biggest extractor of natural gas in the world. ... Sergey Mikhailovich Bogdanchikov (in Russian: , b. ... Chief Executive Officer (CEO) is the job of having the ultimate executive responsibility or authority within an organization or corporation. ... Alexei Borisovich Miller is Deputy Chairman of the Board of Directors and Chairman of the Management Committee (CEO) of Russian energy company Gazprom. ...


Rosneft's headquarters are located in the Balchug district in the center of Moscow, only a few steps away from the Kremlin, across the Moskva river. A view over Balchug and the Moskva River, as seen from the Kremlin. ... Moscow Kremlin in the 19th century. ... Moskva River (Москва́), also known as the Moscow River, is a small river over 400 miles long, situated in Russia, Eastern Europe. ...


On December 22, 2004, Rosneft bought the Baikal Finance Group, which three days earlier had won a government fire sale of Yuganskneftegaz (Yugansk), the main production subsidiary of the beleaguered oil company Yukos. Yugansk was being sold in lieu of back taxes owed by Yukos. December 22 is the 356th day of the year (357th in leap years) in the Gregorian calendar. ... Year 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... Baikalfinansgroup (Russian: Байкалфинансгруп) is a Russian energy group that won the December 19, 2004 auction for a 76. ... Yuganskneftegaz is the second largest oil production complex in all of Russia. ... Yukos Oil Company (ОАО НК ЮКОС) is a petroleum company in Russia which, until recently, was controlled by Russian billionaire Mikhail Khodorkovsky and a number of prominent Russian businessmen. ...


Management

As of December 2006, the Board of Directors of Rosneft consists of Igor Sechin (Chairman, Deputy Chief of Russia's Presidential Staff), Sergey Bogdanchikov (President of Rosneft) Hans Jorg Rudloff (Chairman of the Committee for Audit, CEO of the Barclays Capital bank), Andrey Kostin (Chairman of the Committee for Staff and Fees Allocation, CEO of Vneshtorgbank), Alexander Nekipelov (Chairman of the Committee for Strategic Planning, Vice-President of the Russian Academy of Sciences), Kirill Androsov (Deputy Minister of Economic Development and Trade of Russia), Sergey Naryshkin (Deputy Chairman, Chief of Staff of Russia's Government), Gleb Nikitin (Deputy Chairman) and Andrey Reus (Deputy Minister of Industry and Energetics of Russia). [4] Igor Ivanovich Sechin (Russian: Игорь Иванович Сечин, born September 7, 1960, Leningrad, Soviet Union) is a Russian politician and businessman. ... Sergey Mikhailovich Bogdanchikov (in Russian: , b. ... Barclays Capital is the investment banking division of Barclays Bank plc. ... Vneshtorgbank is one of the leading universal banks of Russia and the largest in terms of authorized capital. ... Russian Academy of Sciences: main building Russian Academy of Sciences (Росси́йская Акаде́мия Нау́к) is the national academy of Russia. ... Sergey Yevgenyevich Naryshkin (Russian: ; b. ...


As of December 2006, the Management Committee of Rosneft consists of Sergey Bogdanchikov (President), Nikolay Borisenko (First Deputy President), Sergey Kudryashov (another First Deputy President), Anatoly Baranovsky (Deputy President), Stepan Zemlyuk (Deputy President), Sun Ne Kim (Chief Accountant), Peter Lloyd O'Brien, Rizo Tursunov (Deputy President). [5] Sergey Mikhailovich Bogdanchikov (in Russian: , b. ...


See also

Yuganskneftegaz is the second largest oil production complex in all of Russia. ...

External links

References

  1. ^  Revenue figure is from Rosneft at a Glance, in the About Rosneft section of the company's English language website 1
  2. ^  Chart from Rosneft's Corporate Governance page, at its English language website2

  Results from FactBites:
 
Rosneft sees shares drop amid lawsuit - Marketplace by Bloomberg - International Herald Tribune (428 words)
MOSCOW Shares of Rosneft, the Russian state oil company that raised $10.4 billion in an initial public offering, fell in their first day of trading in Moscow on Monday amid a legal challenge seeking to halt the company's stock listing in London.
Rosneft's initial offering, one of the world's largest, is expected to be formally approved by British regulators Wednesday.
Rosneft and the London exchange are expected to present their arguments in the case Tuesday.
  More results at FactBites »


 

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