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Oil & Gas, Petrochemicals

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Rosneft

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address

Moscow,  Russia

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Company Profile

  • Country

    Russia
  • Employees

    3,34,600 people
  • Incorporation Year

    1993
  • Annual Revenue (Year)

    79.6 Billion USD
  • Web web

  • Total Assets Value

    212 Billion USD
  • Career career

  • Global Presence

    N/A

Who we are

Incorporated in 1993, Rosneft is the leader of the Russian oil industry and the largest publicly traded oil company in the world. The Company's core activities include hydrocarbon prospecting and exploration, production of oil, gas, and gas condensate, implementation of offshore field development projects, refining, sales of oil, gas, and refined products in Russia and worldwide. The Company is included in the list of Russia's strategic enterprises. Its main shareholder (40.4% of shares) is ROSNEFTEGAZ JSC, 100% state-owned, 19.75% belongs to BP Russian Investments Limited, 18.46% to QH Oil Investments LLC, and one share belongs to the state represented by the Federal Agency for State Property Management. 

What we do

Rosneft is one of the largest independent gas producers in Russia. Its share in global oil production is 6%. The Company produced 4.14 mln barrels per day of liquid hydrocarbons in 2020. By the end of 2020 the share of gas exceeded 20% of total hydrocarbon production, the volume of production reached 62.83 billion cubic meters. The Company's total hydrocarbon production in 2020 was 5.19 mln barrels per day. For a number of years, Rosneft has been significantly ahead of the largest international oil and gas majors in terms of proven reserves under the SEC classification. At the same time, the Company demonstrates high efficiency in exploration and production, traditionally maintaining low costs for prospecting and development of hydrocarbon reserves.

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