|
Exxon Neftegas Limited
Exxon Neftegas Limited (ENL; russian: Эксон Нефтегаз Лимитед) is a defunct subsidiary of the American oil company ExxonMobil which operated mostly in Russia, notably Sakhalin and other parts of the Far East. ENL was the primary American operator (as well as 30% owner) of Sakhalin-I Consortium, which oversaw exploration and production of oil and gas on both Sakhalin island and in the Chayvo, Odoptu and Arkutun-Dagi fields in the Sea of Okhotsk. The subsidiary is incorporated in the Bahamas and has an office in Yuzhno-Sakhalinsk. Exxon Neftgas was led by future ExxonMobil CEO Rex Tillerson from 1998 to at least May 2001. Founding ENL was first founded on April 26, 2001, when ABB and ExxonMobil signed an agreement for ABB to design the front-end systems of the Sakhalin-I project's first phase. ENL was formally declared as commercial on October 29 of that same year, representing a $12 billion USD ($20 billion today) investment, the largest foreign direct invest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rex Tillerson
Rex Wayne Tillerson (born March 23, 1952) is an American engineer and energy executive who served as the 69th U.S. secretary of state from February 1, 2017, to March 31, 2018, under President Donald Trump. Prior to joining the Trump administration, Tillerson was chairman and chief executive officer (CEO) of ExxonMobil, holding that position from 2006 until 2017. Tillerson began his career as a civil engineer with Exxon in 1975 after graduating with a bachelor's degree in civil engineering from the University of Texas at Austin. By 1989 he had become general manager of the Exxon USA central production division. In 1995 he became president of Exxon Yemen Inc. and Esso Exploration and Production Khorat Inc. In 2006 Tillerson was elected chair and chief executive of ExxonMobil, the world's sixth-largest company by revenue. Tillerson retired from ExxonMobil effective January 1, 2017. Tillerson is a longtime volunteer with the Boy Scouts of America and earned the rank of Eagl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ExxonMobil Subsidiaries
ExxonMobil Corporation (commonly shortened to Exxon) is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller's Standard Oil, and was formed on November 30, 1999, by the merger of Exxon and Mobil, both of which are used as retail brands, alongside Esso, for fueling stations and downstream products today. The company is vertically integrated across the entire oil and gas industry, and within it is also a chemicals division which produces plastic, synthetic rubber, and other chemical products. ExxonMobil is incorporated in New Jersey. ExxonMobil's earliest corporate ancestor was Vacuum Oil Company, though Standard Oil is its largest ancestor prior to its breakup. The entity today known as ExxonMobil grew out of the Standard Oil Company of New Jersey (or Jersey Standard for short), the corporate entity which effectively controlled all of Standard Oil prior to its breakup. Jersey Standard ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Russia
The Government of Russia exercises executive power in the Russian Federation. The members of the government are the prime minister, the deputy prime ministers, and the federal ministers. It has its legal basis in the Constitution of the Russian Federation and the federal constitutional law "On the Government of the Russian Federation". The Apparatus of the Government of Russia is a governmental body which administrates the activities of the government. According to the 1991 amendment to the 1978 constitution, the President of Russia was the head of the executive branch and headed the Council of Ministers of Russia. According to the current 1993 constitution, the president is not a part of the government of Russia, which exercises executive power. However, the president appoints the prime minister. History The large body was preceded by Government of the Soviet Union. Since the Russian Federation emerged from 1991 to 1992, the government's structure has undergone several m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lukoil
The PJSC Lukoil Oil Company ( stylized as LUKOIL or ЛУКОЙЛ in Cyrillic script) is a Russian multinational energy corporation headquartered in Moscow, specializing in the business of extraction, production, transport, and sale of petroleum, natural gas, petroleum products, and electricity. It was formed in 1991 when three state-run, western Siberian companies named after the respective town in Khanty–Mansi Autonomous Okrug that each was based in, Langepasneftegaz, Urayneftegaz, and Kogalymneftegaz, merged. Its name is the combination of the acronym LUK (initials of the oil-producing cities of Langepas, Uray, Kogalym) and the English word "oil". Lukoil is the second largest company in Russia after Gazprom, and the country's largest non-state enterprise in terms of revenue, with ₽4,744 billion in 2018. In the 2020 Forbes Global 2000, Lukoil was ranked as the 99th-largest public company in the world. Internationally, it is one of the largest global producers of crud ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sovcomflot
Sovcomflot (russian: ПАО «Совкомфлот», ПАО «Современный коммерческий флот», , Modern Commercial Fleet). Sovcomflot is Russia's largest shipping company, and one of the global leaders in the maritime transportation of hydrocarbons, as well as the servicing and support of offshore exploration and oil & gas production. History In 1973 the Government of the USSR decreed the formation of a special shipping corporation, separated from the regular state-owned marine fleet, that could use a long-term bare boat charter scheme for purchasing new and used foreign-built vessels. In 1976 the Ministry of Merchant Marine instituted a special fund and the newly formed corporation used it to acquire two 40,000 DWT, dry cargo transports – ''Sovfracht'' and ''Sovinflot''. In 1988 these operations were reorganized as the ''Sovcomflot Joint-Stock Company'' (''SCF''), a then one-of-a-kind state-owned corporation with special authorization by the USSR ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vostok Aviation Company
JSC "Vostok Aviation Company" (russian: ОАО "Авиакомпания "Восток"), sometimes trading as Vostok Airlines, is a Russian regional airline headquartered in Khabarovsk and a subsidiary of UTair Aviation. It operates domestic scheduled and charter passenger services, freight services, air ambulance, air patrol, firefighting, oil rig support as well as other specialized operations. Its main base is Khabarovsk Novy Airport. History Vostok Aviation Company was established and started operations as 264 Squadron of the Far Eastern division of Aeroflot on 15 May 1945. It was incorporated as a joint stock company on 30 June 1993. The airline is owned by Khabarovsk regional administration (51%) and the airline employees (49%). Fleet As of December 2015, the Vostok Aviation Company fleet includes the following aircraft: [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fesco Transport Group
FESCO Transportation Group ( rus, Fesco, r=FESCO Group) is an intermodal transport operator in Russia, which provides services, including marine shipping, Roll-on/roll-off, rail transportation and port handling. The parent company of the Group is Far-Eastern Shipping Company JSC. FESCO Group is headquartered in Moscow. Share capital and management The base company of the group is the Far-Eastern Shipping Company (FESCO; rus, Дальневосточное морское пароходство, r=Dal'nevostochnoye morskoye parokhodstvo). The company was founded in Vladivostok in 1880. FESCO is publicly traded as . Current shareholding structure is: Mr. Magomedov – 32.5%; entities controlled by Mr. Garber (is one of the controlling shareholders of GHP Group) – 23.8%, TPG – 17.4%, other shareholders/Free float – 26.3%. The chairman of the executive board of FESCO Transportation Group is Leyla Mammad Zada, the president is Alexander Isurin. On 13 December 2012, Summa Grou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sakhalinskiye Aviatrassy
Aurora (russian: italic=yes, Аврора) is a Russian airline headquartered in Yuzhno-Sakhalinsk, Sakhalin Oblast. It is a subsidiary of Aeroflot which operates domestic and international flights in the Russian Far East region. , Aurora ranks among the top ten Russian biggest airlines in terms of carried passengers. History Aurora was created by government order of Russian Prime Minister Dmitry Medvedev. Aurora was named Taiga Airline for a short period of time before being named after the historic Russian cruiser ''Aurora''. Aeroflot formed the carrier by amalgamating SAT Airlines and Vladivostok Avia, which served 42 and 15 destinations respectively, and had a combined fleet of 24 aircraft plus 11 helicopters. These two carriers were expected to cease operations in early 2014. The number of routes served was planned to grow from 30 to 128, including the main cities of the Russian Far East, such as Khabarovsk, Magadan, Vladivostok and Yuzhno-Sakhalinsk. The carrier's firs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amur Shipbuilding Plant
OJSC Amur Shipbuilding Plant (russian: Амурский судостроительный завод, ''Amurskiy Sudostroitelnyy Zavod'', and also called the "Leninskiy Komsomol Shipyard") is an important shipyard in eastern Russia, based in Komsomolsk-on-Amur, and founded in 1932. It employs 15,000 people, and produces both civilian and military ships, including nuclear submarines. Around 97 submarines (56 nuclear-powered and 41 conventional) as well as 36 warships were built at the yard. The shipyard started building nuclear submarines in 1957, with the first one completed in 1960. Submarines built at the Amur Shipbuilding plant include Delta I class ballistic missile submarines, Echo I and II class cruise missile submarines and ''Akula''-class attack submarines. In 1992, then-president Boris Yeltsin announced that the Sevmash shipyard in Severodvinsk would remain the only nuclear submarine construction site. In 2008, the first nuclear submarine built at the shipyard in 13 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Direct Investment
A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control. The origin of the investment does not impact the definition, as an FDI: the investment may be made either "inorganically" by buying a company in the target country or "organically" by expanding the operations of an existing business in that country. Definitions Broadly, foreign direct investment includes "mergers and acquisitions, building new facilities, reinvesting profits earned from overseas operations, and intra company loans". In a narrow sense, foreign direct investment refers just to building new facility, and a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. FDI is the sum of equity capital, long-term capital, and short-term capital ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yuzhno-Sakhalinsk
Yuzhno-Sakhalinsk ( rus, Ю́жно-Сахали́нск, a=Ru-Южно-Сахалинск.ogg, p=ˈjuʐnə səxɐˈlʲinsk, literally "South Sakhalin City") is a city on Sakhalin island, and the administrative center of Sakhalin Oblast, Russia. It is located in the Far East part of Russia, situated north of Japan. Gas and oil extraction as well as processing are amongst the main industries on the island. It was called Vladimirovka () from 1882 to 1905, then during its period of Imperial Japanese control from 1905 to 1946. As of the 2010 Census, its population was 181,728. History Yuzhno-Sakhalinsk began as a small Russian settlement called Vladimirovka, founded by convicts in 1882. The Treaty of Portsmouth in 1905, which brought an end to the Russo-Japanese War of 1904–1905, awarded the southern half of the Sakhalin Island to Japan. Vladimirovka was renamed Toyohara (meaning "bountiful plain"), and was the prefect capital of the Japanese Karafuto Prefecture. During the S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
