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Bashneft – Novoil
Bashneft – Novoil is one of the biggest producers of high-quality petroleum products in Russia. The current production facilities of Bashneft – Novoil include primary oil refining, hydrotreatment, reforming and iso-reforming, sulphuric acid alkylation, thermocracking and visbreaking, coking and gas fractionation, solvent refining and dewaxing of oil distillates, tar deasphalting and bitumen production, gas desulphurization and sulphur production units as well as environmental facilities. The flexible technological schemes refine various types of hydrocarbons — low- and high-sulphur crude oil, various gas condensates as well as medium and heavy distillates obtained at other refineries of Ufa Group — and produce a wide range of high-quality petroleum products. In 2011, the refinery continued to produce Euro-3 and Euro-4 engine fuels. It is planned to start producing Euro-5 fuel in the near future. From 1956 to 1990 he worked at the plant 1st President of Bashkorto ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Moscow Interbank Currency Exchange
The Moscow Interbank Currency Exchange (russian: Московская межбанковская валютная биржа) or MICEX (russian: ММВБ) was a stock exchange that operated in Russia from 1992 to 2011. MICEX was the leading Russian stock exchange and one of the largest universal stock exchanges in Eastern Europe. It merged with the Russian Trading System in 2011, creating Moscow Exchange. MICEX consisted of about 550 participating organizations and members, which traded for their clients. In 2006 the volume of transactions on the MICEX reached 20.38 trillion rubles (US$754.9 billion), representing more than 90% of the total turnover of the leading stock exchanges in the Russian stock market. About 239 Russian companies were listed, with a market capitalization Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the mar ...
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Oil And Gas Industry
The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many chemical products, including pharmaceuticals, solvents, fertilizers, pesticides, synthetic fragrances, and plastics. The industry is usually divided into three major components: upstream, midstream, and downstream. Upstream regards exploration and extraction of crude oil, midstream encompasses transportation and storage of crude, and downstream concerns refining crude oil into various end products. Petroleum is vital to many industries, and is necessary for the maintenance of industrial civilization in its current configuration, making it a critical concern for many nations. Oil accounts for a large percentage of the world’ ...
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Bashkortostan
The Republic of Bashkortostan or Bashkortostan ( ba, Башҡортостан Республикаһы, Bashqortostan Respublikahy; russian: Республика Башкортостан, Respublika Bashkortostan),; russian: Респу́блика Башкортоста́н, r=Respublika Bashkortostan, p=rʲɪsˈpublʲɪkə bəʂkərtɐˈstan also unofficially called Bashkiria (russian: Башкирия, tr. Bashkiriya), is a republic of Russia located between the Volga and the Ural Mountains in Eastern Europe. It covers and has a population of 4 million. It is Russia's 7th most populous federal subject and most populous republic. Its capital and largest city is Ufa. Bashkortostan was established on .Национально-государственное устройство Башкортостана, 1917–1925 гг: Общее введение и Том 1 // Билал Хамитович Юлдашбаев, Китап, 2002, , 9785295029165Хрестоматия по и ...
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Vacuum Gas Oil
Diesel fuel , also called diesel oil, is any liquid fuel specifically designed for use in a diesel engine, a type of internal combustion engine in which fuel ignition takes place without a spark as a result of compression of the inlet air and then injection of fuel. Therefore, diesel fuel needs good compression ignition characteristics. The most common type of diesel fuel is a specific fractional distillate of petroleum fuel oil, but alternatives that are not derived from petroleum, such as biodiesel, biomass to liquid (BTL) or gas to liquid (GTL) diesel are increasingly being developed and adopted. To distinguish these types, petroleum-derived diesel is sometimes called petrodiesel in some academic circles. In many countries, diesel fuel is standardised. For example, in the European Union, the standard for diesel fuel is EN 590. Diesel fuel has many colloquial names; most commonly, it is simply referred to as ''diesel''. In the United Kingdom, diesel fuel for on-road use is c ...
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Bashneft
Bashneft is a Russian oil company formed by the transfer of the oil related assets of the Soviet oil ministry in Bashkortostan to the regional government of the Republic of Bashkortostan by Boris Yeltsin. It was then privatized during 2002-3 by Murtaza Rakhimov, the president of Bashkortostan, an ally of Yeltsin's, with a controlling interest in Bashkir Capital, a holding company controlled by Rakhimov's son, Ural Rakhimov. In 2009 a controlling interest in Bashneft was acquired for $2 billion by Vladimir Yevtushenkov and placed in his holding company, Sistema, but in July 2014 he was jailed and 72% of Sistema's interest in Bashneft seized by the Russian government. Following seizure of the company in December 2014 Yevtushenkov was released from jail, "charges not proven," but Ural Rakhimov was reported to have fled the country. It is one of the larger producers of oil products in the country. The company operates 140 oil and natural gas fields in Russia and has an annual oil p ...
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Hydrocarbons
In organic chemistry, a hydrocarbon is an organic compound consisting entirely of hydrogen and carbon. Hydrocarbons are examples of group 14 hydrides. Hydrocarbons are generally colourless and hydrophobic, and their odors are usually weak or exemplified by the odors of gasoline and lighter fluid. They occur in a diverse range of molecular structures and phases: they can be gases (such as methane and propane), liquids (such as hexane and benzene), low melting solids (such as paraffin wax and naphthalene) or polymers (such as polyethylene and polystyrene). In the fossil fuel industries, ''hydrocarbon'' refers to the naturally occurring petroleum, natural gas and coal, and to their hydrocarbon derivatives and purified forms. Combustion of hydrocarbons is the main source of the world's energy. Petroleum is the dominant raw-material source for organic commodity chemicals such as solvents and polymers. Most anthropogenic (human-generated) emissions of greenhouse gases are carb ...
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President Of Bashkortostan
The Head of the Republic of Bashkortostan (before 1 January 2015 the title was called President; ba, Башҡортостан Республикаһы Башлығы, ''Bashqortostan Respublikahï Bashlïghï'') is the highest executive position in the Republic of Bashkortostan, a federal subject of the Russian Federation. The Head is the republic's regional head of state and head of government. The Head of Bashkortostan is appointed for a five-year term and must be a citizen of the Russian Federation who is at least thirty years old.Constitution, Chapter 5. The first President of Bashkortostan was Murtaza Rakhimov, who has held the office from 12 December 1993. He was re-elected twice—on June 4, 1998 and on 21 December 2003. The election procedure was abolished in 2006, when Rakhimov was appointed President by the Bashkortostan Kurultai according to the recommendation of the President of Russia, Vladimir Putin.Official website of the Republic of Bashkortostan.Biography of ...
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Murtaza Rakhimov
Murtaza Gubaydullovich Rakhimov (russian: Муртаза Губайдуллович Рахимов; ba, Мортаза Ғөбәйҙулла улы Рәхимов; born 7 February 1934) is a Russian politician of Bashkir ethnicity who served as the first President of Bashkortostan, a republic within Russia, from 1993 to 2010. Biography Rakhimov was born on 7 February 1934 in the village of Tavakanovo of Kugarchinsky District of the Bashkir Autonomous Soviet Socialist Republic. The biography of Murtaza Rakhimov
After graduating from the Ufa Oil Technical School, he began working at the Ufa refinery named XXII Congress of the CPSU. In 1964, Rakhimov on the job he graduated from
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Petroleum Industry In Russia
The petroleum industry in Russia is one of the largest in the world. Russia has the largest reserves and is the largest exporter of natural gas. It has the second largest coal reserves, the sixth largest oil reserves, and is one of the largest producers of oil. It is the fourth largest energy user. Russia produced an average of of oil per day in December 2015.Russia continues to post record oil production
Retrieved on 8 January 2016
In 2009, it produced 12% of the world's oil and had a similar share of global oil exports.Key World Energy Statistics. 2006 Edition
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