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Rosneft
PJSC Rosneft Oil Company ( stylized as ROSNEFT) is a Russian Vertical integration, integrated energy company headquartered in Moscow. Rosneft specializes in the exploration, Extraction of petroleum, extraction, production, refining, Petroleum transport, transport, and sale of petroleum, natural gas, and petroleum products. The company is controlled by the Government of Russia, Russian government through the Rosneftegaz holding company. Its name is a portmanteau of the Russian words (russian: Российская нефть, lit=Russian oil). Rosneft was founded in 1993 as a State-owned enterprises of Russia, state enterprise and then incorporated in 1995, acquiring a number of state-controlled gas and oil assets. It became Russia's leading oil company after purchasing assets of the former oil company Yukos at state-run auctions. After acquiring Open joint-stock company, OJSC TNK-BP in 2013, then one of the largest oil companies of Russia, Rosneft became the world's largest Publ ...
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Igor Sechin
Igor Ivanovich Sechin (russian: И́горь Ива́нович Се́чин; born 7 September 1960) is a Russian oligarch and a government official, considered a close ally and "de facto deputy" of Vladimir Putin. Sechin has been a confidant of Russian leader Vladimir Putin since the early 1990s. Sechin was chief of staff to Putin when he was the deputy mayor of St. Petersburg in 1994. When Putin became President in 2000, Sechin became his deputy chief of staff, overseeing security services and energy issues in Russia. Putin appointed Sechin as chairman of Rosneft, the Russian state oil company in 2004. He was as Deputy Prime Minister of Russia in Vladimir Putin's cabinet from 2008 to 2012. He is currently the chief executive officer, president and chairman of the management board of Rosneft. Sechin is often described as one of Putin's most conservative counselors and the leader of the Kremlin's ''Siloviki'' faction, a lobby gathering former security services agents. He has ...
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Yukos
OJSC "Yukos Oil Company" (russian: ОАО Нефтяна́я Компа́ния Ю́КОС, links=no, ) was an oil and gas company based in Moscow, Russia. Yukos was acquired from the Russian government by Russian oligarch Mikhail Khodorkovsky's Bank Menatep during the controversial "loans for shares" auctions of the mid 1990s. Between 1996 and 2003, Yukos became one of the biggest and most successful Russian companies, producing 20% of Russia's oil output. In the 2004 ''Fortune 500'', Yukos was ranked as the 359th largest company in the world. In October 2003, Khodorkovsky—by then the richest person in Russia and 16th richest person in the world—was arrested, and the company was forcibly broken up for alleged unpaid taxes shortly after and declared bankrupt in August 2006. Courts in several countries later ruled that the real intent was to destroy Yukos and obtain its assets for the government, and act politically against Khodorkovsky. In 2014, the largest arbitration aw ...
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Rosneftegaz
Rosneftegaz is a Russian holding company managing assets in the oil and gas industry. Rosneftegaz is the owner of a controlling stake in Rosneft, 10.97% of the shares of Gazprom, as well as 26.36% of the shares of Inter RAO. 100% of Rosneftegaz shares are owned by the state represented by the Federal Agency for State Property Management The Federal Agency for State Property Management (Rosimushchestvo) () is a subdivision of the Russian Ministry of Economic Development that manages Russia's federal state property. History The agency was formed by a presidential decree, No.314, .... References {{authority control Rosneft Companies based in Moscow Energy companies established in 2004 Government-owned companies of Russia Holding companies of Russia Natural gas companies of Russia Oil companies of Russia Russian companies established in 2004 ...
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TNK-BP
TNK-BP (Tyumenskaya Neftyanaya Kompaniya, Tyumen Oil Company) was a major vertically integrated Russian oil company headquartered in Moscow. It was Russia's third-largest oil producer and among the ten largest private oil companies in the world. In 2013 it was acquired by Russian oil company Rosneft. DeGolyer and MacNaughton confirmed that as of 31 December 2009 TNK-BP's total proved reserves amounted to of oil equivalent. History On 1 September 2003, BP and a group of Russian businessmen represented by the AAR Consortium ( Alfa-Access- Renova) announced the creation of TNK-BP, a strategic partnership to jointly hold their oil assets in Russia and Ukraine. AAR contributed its holdings in TNK International, ONAKO, Sidanko, Rusia Petroleum (which held licenses for the Kovykta field and the Verkhnechonsk field), and the Rospan field in West Siberia (the New Urengoy and East Urengoy deposits). BP contributed its holdings in Sidanko, Rusia Petroleum, and its BP Moscow retail netwo ...
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Gazprom
PJSC Gazprom ( rus, Газпром, , ɡɐzˈprom) is a Russian majority state-owned multinational energy corporation headquartered in the Lakhta Center in Saint Petersburg. As of 2019, with sales over $120 billion, it was ranked as the largest publicly listed natural gas company in the world and the largest company in Russia by revenue. In the 2020 ''Forbes'' Global 2000, Gazprom was ranked as the 32nd largest public company in the world. The Gazprom name is a contraction of the Russian words ''gazovaya promyshlennost'' (, gas industry). In January 2022, Gazprom displaced Sberbank from the first place in the list of the largest companies in Russia by market capitalization. Gazprom is vertically integrated and is active in every area of the gas industry, including exploration and production, refining, transport, distribution and marketing, and power generation. In 2018, Gazprom produced twelve percent of the global output of natural gas, producing 497.6 billion cubic meters ...
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Gerhard Schröder
Gerhard Fritz Kurt "Gerd" Schröder (; born 7 April 1944) is a German lobbyist and former politician, who served as the chancellor of Germany from 1998 to 2005. From 1999 to 2004, he was also the Leader of the Social Democratic Party of Germany (SPD). As chancellor, he led a coalition government of the SPD and Alliance 90/The Greens. Since leaving public office, Schröder has worked for Russian state-owned energy companies, including Nord Stream AG, Rosneft, and Gazprom. Schröder was a lawyer before becoming a full-time politician, and he served as Minister President of Lower Saxony (1990–1998) before becoming chancellor. Following the 2005 federal election, which his party lost, and after three weeks of negotiations, he stood down as chancellor in favour of Angela Merkel of the rival Christian Democratic Union. He is the chairman of the board of Nord Stream AG and of Rosneft, after having been hired as a global manager by investment bank Rothschild, and also the chairman o ...
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Vedomosti
''Vedomosti'' ( rus, Ведомости, p=ˈvʲedəməsʲtʲɪ, ) is a Russian language, Russian-language business journalism, business daily newspaper published in Moscow. History ''Vedomosti'' was founded in 1999 as a joint venture between Dow Jones and Company, Dow Jones, who publishes ''The Wall Street Journal''; Pearson plc, Pearson, who previously published the ''Financial Times''; and Independent Media, who publishes ''The Moscow Times''. Independent Media was acquired by Finnish media company Sanoma in 2005. Leonid Bershidsky, Leonid Bereshidsky was the first chief editor, till he entered INSEAD Business School, INSEAD business school in 2002 and was replaced by Tatiana Lysova. From 2007 till 2010, Elizaveta Osetinskaja served as chief editor. In 2010 she became chief editor of the online version of the newspaper. She was replaced by former chief editor Tatiana Lysova. Sanoma sold its stake in the paper to , former chief executive of ''Kommersant'', in April 2015. Ahe ...
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List Of Companies Of Russia
Russia has an upper-middle income mixed economy with state ownership in strategic areas of the economy. Market reforms in the 1990s privatized much of Russian industry and agriculture, with notable exceptions to this privatization occurring in the energy and defense-related sectors. Russia's vast geography is an important determinant of its economic activity, with some sources estimating that Russia contains over 30 percent of the world's natural resources. The World Bank estimates the total value of Russia's natural resources at US$75 trillion. Russia relies on energy revenues to drive most of its growth. Russia has an abundance of petroleum, natural gas and precious metals, which make up a major share of Russia's exports. the oil-and-gas sector accounted for 16% of the GDP, 52% of federal budget revenues and over 70% of total exports. Largest firms State-owned enterprise Historical rankings 1995# RAO UES # Gazprom # LUKoil # Rosugol # Rosneft # Norilsk Nickel # YUKOS # S ...
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State-owned Enterprises Of Russia
Russian government ownership of various companies and organizations, collectively known as state-owned enterprises (SOEs), still play an important role in the national economy. The approximately 4,100 enterprises that have some degree of state ownership accounted for 39% of all employment in 2007 (down from over 80% in 1990). In 2007, SOEs controlled 64% of the banking sector, 47% of the oil and gas sector, and 37% of the utility sector. State corporations are established by the Russian government to boost industrial sectors. Rosstat figures show that 529,300 enterprises are partly or wholly owned by the state, of which between 30,000 and 31,000 are commercial companies (generating revenue). The 54 largest enterprises account for over two-thirds of the total revenues generated by state-owned organizations. SOEs account for 40% of the capitalization on the Russian stock market, one of the highest shares in the world. Legal form Russian state-owned companies are typically establish ...
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Moscow
Moscow ( , US chiefly ; rus, links=no, Москва, r=Moskva, p=mɐskˈva, a=Москва.ogg) is the capital and largest city of Russia. The city stands on the Moskva River in Central Russia, with a population estimated at 13.0 million residents within the city limits, over 17 million residents in the urban area, and over 21.5 million residents in the metropolitan area. The city covers an area of , while the urban area covers , and the metropolitan area covers over . Moscow is among the world's largest cities; being the most populous city entirely in Europe, the largest urban and metropolitan area in Europe, and the largest city by land area on the European continent. First documented in 1147, Moscow grew to become a prosperous and powerful city that served as the capital of the Grand Duchy that bears its name. When the Grand Duchy of Moscow evolved into the Tsardom of Russia, Moscow remained the political and economic center for most of the Tsardom's history. When th ...
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Petroleum 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 wor ...
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Moscow Exchange
The Moscow Exchange (MOEX; rus, Московская биржа, r=Moskovskaya birzha, p=mɐˈskofskəjə ˈbʲirʐə, a=) is the largest exchange in Russia, operating trading markets in equities, bonds, derivatives, the foreign exchange market, money markets, and precious metals. The Moscow Exchange also operates Russia's central securities depository, the National Settlement Depository (NSD), and the country's largest clearing service provider, the National Clearing Centre. The exchange was formed in 2011 in a merger of the Moscow Interbank Currency Exchange and the Russian Trading System. Trading at the exchange was suspended on 24 February 2022, following Russia's invasion of Ukraine. Trading remained suspended until 21 March, and was then only opened for state bonds. The exchange was also targeted as part of international sanctions against Russia. On August 15 2022, it was announced that the bond market opened to friendly investors. History The Moscow Exchange was estab ...
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