Russian Oil Industry
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Russian Oil Industry
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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Top Oil Producing Countries
A spinning top, or simply a top, is a toy with a squat body and a sharp point at the bottom, designed to be rotation, spun on its vertical Axis of rotation, axis, balancing on the tip due to the gyroscopic effect. Once set in motion, a top will usually precession, wobble for a few seconds, spin upright for a while, then start to wobble again with increasing amplitude as it loses energy, and finally tip over and roll on its side. Tops exist in many variations and materials, chiefly wood, metal, and plastic, often with a metal tip. They may be set in motion by twirling a handle with the fingers, by pulling a rope coiled around the body, or by means of a built-in auger (spiral plunger). Such toys have been used since Classical antiquity, antiquity in solitary or competitive games, where each player tries to keep one's top spinning for as long as possible, or achieve some other goal. Some tops have faceted bodies with symbols or inscriptions, and are used like dice to inject random ...
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Tatneft
Tatneft (russian: публичное акционерное общество «Татнефть» имени В.Д. Шашина or ПАО «Татнефть» им. В.Д. Шашина; traded as: (ordinary shares), (preferred shares), (ADRs)) is a Russian vertically integrated oil and gas company with headquarters in the city of Almetyevsk, Republic of Tatarstan, Russian Federation. It is the fifth largest oil company in Russia and the eighth largest listed company in Russia by market capitalization (as of 31 December 2019). In the 2020 Forbes Global 2000, Tatneft was ranked as the 539th-largest public company in the world. Tatneft holds most of the exploration and production licenses and produces substantially all its crude oil in Tatarstan. Out of approximately 581.5 thousand barrels of oil produced daily 35.5% (206.7 thousand barrels per day) is refined at Tatneft's TANECO refinery (as of 31 December 2019). Tatneft is also involved in treatment and refining of associated p ...
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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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Gubkin Russian State University Of Oil And Gas
The Gubkin Russian State University of Oil and Gas (russian: Российский государственный университет нефти и газа имени И. М. Губкина) is a public university in Moscow, Russia. The university was founded in 1930 and is named after the geologist Ivan Gubkin. The university is colloquially known as Kerosinka (russian: Керосинка), meaning 'kerosene stove'. During the Soviet period, the university, along with the Moscow State University of Railway Engineering, was known for admitting students of Jewish origin while other universities unofficially barred Jewish students. Affiliates of the Gubkin institute exist in Orenburg and Tashkent (Uzbekistan). Academics Faculties and schools Petroleum geology and geophysics The work of geologists and geophysicists is complex and multifaceted. Only detailed study of the structure of the Earth's deposits with the use of modern geophysical instruments and computer technolo ...
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Rusneftegaz
Rusneftegaz () is a Russian oil company headquartered in Moscow, specializing in the extraction, production, and sale of petroleum and petroleum products. As of 2021, Rusneftegaz is the largest privately owned oil company in Russia in terms of revenue and petroleum production, extracting 6.06 million barrels in 2020. While the majority of Rusneftegaz’s oil earnings are derived from upstream and midstream sales within Russia, the company also maintains small-scale operations internationally. The name Rusneftegaz is a portmanteau of the Russian words ''Russkoye neftegaz'' (Russian: ''Русское нефтегаз - Russian oil and gas)''. History Rusneftegaz was originally founded following the dissolution of the Soviet Union, in the period after the privatization of the Russian petroleum industry began in 1994. Whilst Rusneftegaz did not participate in the auctions for the assets of formerly state-owned enterprises, by the late 1990s Rusneftegaz owned a number of oil p ...
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Novatek
Novatek (russian: ПАО «НОВАТЭК», , ) is Russia's second-largest natural gas producer (behind Gazprom), and the seventh-largest publicly traded company globally by natural gas production volume. The company was originally known as OAO FIK Novafininvest. Novatek is based in the Yamalo-Nenets Autonomous Region in West Siberia, and maintains a sales office in Moscow. In the 2020 Forbes Global 2000, Novatek was ranked as the 316th-largest public company in the world. The company is not to be confused with Novatek Inc, a US company that produces synthetic diamonds for the oil and gas industry, or Novatek Microelectronics Corp., a supplier of display controller integrated circuits, or Novatek AS, a Norwegian engineering company. Operations In 2006, the company produced roughly thirty billion cubic metres (1.1 trillion cubic feet) of natural gas. By 2010, production had grown to , and in 2011 to In 2010, Novatek supplied 13% of the domestic market and accounted for 32% of n ...
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Itera
ARETI International Group of Companies is a private energy company headquartered in Geneva, Switzerland. ARETI was created by Igor Makarov in 2015 as a result of rebranding of Itera International Group of Companies, which was started in 1992. The ARETI group company consists of holding companies registered in Cyprus, Virgin Islands, Curacao, and the Netherlands and has subsidiaries involved in the energy industry, civil and industrial engineering, and finance. Archived on compromat.ru as Свадебный велосипедист во главе Итеры: Нажми на Рема – получишь результат (Wedding cyclist at the head of Itera: Click on Rem - you will get the result). The company operates primarily in Switzerland and the Commonwealth of Independent States (CIS) countries. In 2013, its main subsidiary, Itera Oil & Gas Company, was acquired by Rosneft. History A firm which later became a part of the Itera Group was established in 1992 as a basi ...
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Russneft
Russneft () is a Russian oil company headquartered in Moscow which was established by Mikhail Gutseriev in 2002. It is a member of the SAFMAR industrial and financial group. Background Russneft was founded in September 2002 by Mikhail Gutseriev, a Russian businessperson and philanthropist, with support from the Swiss company Glencore. It included early oil-production operations in West Siberia, Ulyanovsk, the Saratov and Penza regions, Udmurtia, and the Komi Republic. Russneft purchased oil processing and distribution plants in Orenburg Oblast and Krasnodar Krai regions in 2006, becoming a vertically-integrated oil holding company. It is one of Russia's top ten vertically-integrated oil companies, producing 10 million tons and processing nine million tons. Some of Russneft's assets were transferred to the oil-processing holding companies Forteinvest and NK Neftisa, both owned by Gutseriev. The Khanty-Mansi oil company and the Nazymskaya oil and gas exploration expedition, both ...
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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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Northgas
ZAO Northgas (russian: ЗАО Нортгаз) is a natural gas-producing company in Russia. It is a developer of the North-Urengoy (Severo-Urengoyskoye) gas field in the Yamalo-Nenets region. According to DeGolyer and MacNaughton, it controls a total reserves of 368 billion cubic metres of natural gas. All produced gas is acquired by Gazprom. History Northgas was founded in 1993 to develop the North-Urengoy field. The company was controlled by Gazprom through its subsidiary Urengoygazprom, which owned a 51% stake in Northgas. 44% of the company was owned by Bechtel Energy, while Tansley, an offshore company owned by the Azerbaijani businessman Farkhad Akhmedov had a stake of 5%. A license for the North-Urengoy field was transferred from Urengoygazprom to Northgas in 1994. In 1996, Bechtel sold its stake to Akhmedov-owned Farcot Group, which later also took over a stake owned by Transley. In 1999–2001, Farkhad Akhmedov gained full control over Northgas throug ...
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Surgutneftegas
Surgutneftegas ( rus, ПАО «Сургутнефтегаз», p=sʊrɡʊtnʲɪftʲɪˈɡas) is a Russian oil and gas company created by merging several previously state-owned companies owning large oil and gas reserves in Western Siberia. The company's headquarters are located in Surgut, Khanty-Mansi Autonomous Okrug. In the 2020 Forbes Global 2000, Surgutneftgas was ranked as the 251st -largest public company in the world. Surgutneftegas includes a large oil refinery in Kirishi, Leningrad Oblast, operated by the Kirishinefteorgsintez subsidiary. The company is also engaged in fuel retail activities in north-west Russia by cooperating with the Petersburg Fuel Company. Surgutneftegas is also a shareholder of Oneximbank (Объединённый экспортно-импортный банк). From the beginning Surgutneftegas has been led by president and director general Vladimir Bogdanov, who had run the Surgut oil fields since 1983. History Surgutneftegas was created in 1 ...
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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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