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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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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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Kovykta Field
The Kovykta gas condensate field is one of the largest undeveloped natural gas fields in Eastern Siberia, Russia. The field is located in the northern part of the Irkutsk Oblast, in the Zhigalovo and Kazachinsko-Lensk districts. History The field was discovered in 1987. In June 2007, TNK-BP agreed to sell its stake for US$ 700 million to US$ 900 million to Gazprom with option to buy back a 25% plus one share stake in the project. However, this deal never materialized. In June 2010, Rusia Petroleum, the developer of Kovykta field filed for bankruptcy. TNK-BP also tried to sell the field to state-owned Rosneftegaz, but failed. On 1 March 2011, Gazprom bought Rusia Petroleum's assets, including rights for the Kovykta field, for $711 million. Reserves The reserves of Kovykta amount to 2 trillion cubic meters of natural gas and more than 83 million tons of gas condensate. The period of active gas production in the Kovykta field is expected to be 30 years, an ...
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Rusia Petroleum
The Kovykta gas condensate field is one of the largest undeveloped natural gas fields in Eastern Siberia, Russia. The field is located in the northern part of the Irkutsk Oblast, in the Zhigalovo and Kazachinsko-Lensk districts. History The field was discovered in 1987. In June 2007, TNK-BP agreed to sell its stake for US$ 700 million to US$ 900 million to Gazprom with option to buy back a 25% plus one share stake in the project. However, this deal never materialized. In June 2010, Rusia Petroleum, the developer of Kovykta field filed for bankruptcy. TNK-BP also tried to sell the field to state-owned Rosneftegaz, but failed. On 1 March 2011, Gazprom bought Rusia Petroleum's assets, including rights for the Kovykta field, for $711 million. Reserves The reserves of Kovykta amount to 2 trillion cubic meters of natural gas and more than 83 million tons of gas condensate. The period of active gas production in the Kovykta field is expected to be 30 years, a ...
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Verkhnechonsk Field
The Verkhnechonskoye field is a giant oil field in Eastern Siberia, Russia. The field is located in Kataganskiy district, Irkutsk Oblast, about north-east from Irkutsk. It is considered the largest oil field in Eastern Siberia. The field was discovered in 1978 and development started in 2002. Pilot operation of the field was started in 2005 and on 15 October 2008, first oil produced at the Verkhnechonskoye field was delivered. As of 2007, total proved reserves of Verkhnechonskoye were of oil equivalent, and proved, possible and probable (3P) reserves amounted to . Natural gas reserves are 95.5 billion cubic meters. In 2009, the field produced through 41  oil wells 1.181 million tons of oil, equal to . The field is operated by Verkhnechonskneftegaz, a joint venture of TNK-BP (68.51%), Rosneft (25.94%), and East Siberian Gas Co. (5.48%). Produced oil is shipped by an pipeline to Surgutneftegaz' Talakan field Talakan (russian: Талакан) is an urba ...
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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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Access Industries
Access Industries, Inc. is an American privately held multinational industrial group. It was founded in 1986 by businessman Leonard "Len" Blavatnik, who is also its chairman. Access's industrial focus is in four areas: natural resources and chemicals, media and telecommunications, venture capital and real estate. The group invests in the United States, Europe, Israel, and Latin America. It is headquartered in New York, with additional offices in London and Moscow. History Len Blavatnik founded Access Industries in 1986 as an investment company. He attended Harvard Business School while running the company on the side, graduating with an MBA in 1989. Among its early investments, Access Industries helped form the large aluminum producer SUAL in 1996, which later became part of UC RUSAL. In 1997, Access acquired a 40% stake in the Russian oil company TNK. Half of TNK was sold to British Petroleum (BP) to form TNK-BP in 2003, in what was the largest-ever foreign investment in a ...
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Alfa Group
Alfa Group Consortium () is Russian international privately owned investment groups, with interests in oil and gas, commercial and investment banking, asset management, insurance, retail trade, telecommunications, water utilities and special situation investments. The group was founded in 1989 as ''Alfa-Eco'' by Israeli-Russian businessman Mikhail Fridman, in partnership with German Khan, Alexei Kuzmichov, Alexander Kushev, and several other partners. As a holding company, in the financial year ending December 2010 Alfa Group had total assets of US$59,900 million, total equity of US$21,790 million and profit for the financial year of US$2,810 million. Return on shareholders' equity were recorded at 13.4%. In April 2012, Altimo sold its entire 25.1% stake in MegaFon to a private investor and to MegaFon for US $5.2 bln. Ownership structure and joint ventures Its central holding company is located in Gibraltar and under the direction of Franz Wolf, the son of Markus Wolf. Alfa G ...
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Lysychansk
Lysychansk ( uk, Лисича́нськ ; russian: Лисича́нск ) is a city in the Sievierodonetsk Raion of the Luhansk Oblast in Ukraine. Prior to 2020 municipal classification reforms, it was incorporated as a city of oblast significance. It is located on the high right bank of the Donets river, approximately 115 km from the oblast capital, Luhansk. It faces Sievierodonetsk across the river. Its population is approximately The administration of Lysychansk Municipality includes the cities of Novodruzhesk and Pryvillia. Together with the cities of Sievierodonetsk, Rubizhne, Kreminna and the nearest towns, the Lysychansk area constitutes a major urban and industrial hub of the Donbas area, with a population of about 353,000 (2009). During the 2022 Russian invasion of Ukraine, the city was the site of major fighting during the Battle of Lysychansk, which ended with the capture of the city by Russian forces and the Luhansk People's Republic on 2 July. History (1 ...
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Sidanko
Sidanko (Сиданко; russian: Сибирско-Дальневосточная нефтяная компания, , Siberian-Far Eastern Oil Company) was a Russian oil company, the 8th largest company in the country by revenue in 1995. Sidanko owned several oil production units, including Chernogorneft and Udmurtneft. History Sidanko was established through the Decree No. 452 of the Russian government, published on 5 May 1994. The company counted among its assets oil extraction and processing facilities in the Udmurt Republic and in the Khanty-Mansiysk, Yamalo-Nenets, Irkutsk and Sakhalin regions. It was privatized in December 1995, when the Russian government auctioned off a 51% share as part of the loans for shares scheme. The 51% stake was awarded to the bank Mezhdunarodnaya Finansovaya Kompaniya in return for a $130 million loan, guaranteed by Vladimir Potanin's Uneximbank. The company came under the ownership of Uneximbank, which exercised control over it through the Inter ...
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Gazprom Neft
Gazprom Neft (russian: Газпром Нефть; formerly Sibneft, russian: Сибнефть, link=no), is the third largest oil producer in Russia and ranked third according to refining throughput. It is a subsidiary of Gazprom, which owns about 96% of its shares. The company is registered and headquartered in St. Petersburg after central offices were relocated from Moscow in 2011. By the end of 2012 Gazprom Neft accounted for 10% of oil and gas production and 14.6% of refining activities in Russia. Production volumes in 2012 increased by 4.3% in comparison with 2011, refining throughput grew by 7%, revenue was up 19.5% with EBITDA and net profit advancing by 7.7% and 9.9% accordingly. History Gazprom Neft was created under the name Sibneft (russian: Сибнефть) in 1995 by the transfer of state owned shares in Noyabrskneftegas (production unit), the Omsk Refinery (Russia's largest oil refining complex), Noyabrskneftegasgeophysica (exploration) and Omsknefteprodukt (oil pr ...
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Vietnam
Vietnam or Viet Nam ( vi, Việt Nam, ), officially the Socialist Republic of Vietnam,., group="n" is a country in Southeast Asia, at the eastern edge of mainland Southeast Asia, with an area of and population of 96 million, making it the world's sixteenth-most populous country. Vietnam borders China to the north, and Laos and Cambodia to the west. It shares maritime borders with Thailand through the Gulf of Thailand, and the Philippines, Indonesia, and Malaysia through the South China Sea. Its capital is Hanoi and its largest city is Ho Chi Minh City (commonly known as Saigon). Vietnam was inhabited by the Paleolithic age, with states established in the first millennium BC on the Red River Delta in modern-day northern Vietnam. The Han dynasty annexed Northern and Central Vietnam under Chinese rule from 111 BC, until the first dynasty emerged in 939. Successive monarchical dynasties absorbed Chinese influences through Confucianism and Buddhism, and expanded ...
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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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