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Tomskneft
JSC Tomskneft VNK — is a Russian oil and gas company, headquartered in Strezhevoy, Russia. Founded in 1966, Tomskneft is one of the largest companies of the Tomsk region and Siberia. As of 2022, the Independent Oil Company and Gazpromneft own 50% of the company respectively. History Tomskneft is the successor company to a Soviet plant that was founded in January 1966 by the decree of the Tyumen oil and gas industrial enterprise. The plant extracted the first million tons of oil in 1969. By 1974, it produced 25 million tons of oil. In 1977, the Ministry of Oil Industry separated Tomskneft from the Tyumen oil and gas industrial enterprise, thus forming the Tomskneft industrial association. Following the dissolution of the Soviet Union, Tomskneft was privatized in 1993. The next year, together with the Achinsk oil refinery, the , and several smaller Siberian oil companies it formed the basis upon which the newly founded was organized. In 1997, Yukos, one of the largest ...
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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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Privatization
Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous nationaliz ...
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Oil And Gas Companies Of Russia
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from Latin ''oleum'', which in turn comes from the Greek ...
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Natural Gas Companies Of Russia
Nature, in the broadest sense, is the physical world or universe. "Nature" can refer to the phenomena of the physical world, and also to life in general. The study of nature is a large, if not the only, part of science. Although humans are part of nature, human activity is often understood as a separate category from other natural phenomena. The word ''nature'' is borrowed from the Old French ''nature'' and is derived from the Latin word ''natura'', or "essential qualities, innate disposition", and in ancient times, literally meant "birth". In ancient philosophy, ''natura'' is mostly used as the Latin translation of the Greek word ''physis'' (φύσις), which originally related to the intrinsic characteristics of plants, animals, and other features of the world to develop of their own accord. The concept of nature as a whole, the physical universe, is one of several expansions of the original notion; it began with certain core applications of the word φύσις by pre-Socr ...
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Oil Companies Of Russia
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from Latin ''oleum'', which in turn comes from the Greek (''elaion'') ...
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Kargasoksky District
Kargasoksky District (russian: Каргасо́кский райо́н) is an administrativeLaw #271-OZ and municipalLaw #201-OZ district (raion), one of the sixteen in Tomsk Oblast, Russia. It is located in the northern, western, and southwestern parts of the oblast. The area of the district is . Its administrative center is the rural locality (a '' selo'') of Kargasok. Population: 21,814 ( 2010 Census); The population of Kargasok accounts for 37.3% of the district's total population. Geography At , it is the largest district by area in Tomsk Oblast, accounting for over a quarter of its total territory. History In its present form, the district has existed since 1959. Demographics 95.7% of the population are ethnic Russians. Selkups at 2.1% and Khanty people at 0.6% represent the minorities. Economy Natural resources include oil, peat and clay, sand Sand is a granular material composed of finely divided mineral particles. Sand has various compositions but is defined b ...
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Sergei Guriev
Sergey Maratovich Guriyev (russian: Серге́й Мара́тович Гури́ев, os, Гуриаты Мараты фырт Сергей / Gwyriaty Maraty fyrt Sergej) is a Russian economist, who is Provost and a professor of economics at the Instituts d'études politiques in Paris (Sciences Po). In 2016–2019, he was the chief economist at the European Bank for Reconstruction and Development. He was a Morgan Stanley Professor of Economics and a Rector at Moscow's New Economic School (NES) until he resigned on 30 April 2013 and fled to France. Biography Sergei Guriev was born to an ethnic Ossetian family, on 21 October 1971 in Vladikavkaz, North Ossetia. He received his straight As high school diploma in 1988 from Kiev Physics Mathematics High School #145. In 1993 he graduated summa cum laude from Moscow Institute of Physics and Technology with master's degrees in Economics and Computer Science, and in 1994 received his PhD in Applied Mathematics from The Russian Acade ...
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Mikhail Khodorkovsky
Mikhail Borisovich Khodorkovsky (russian: link=no, Михаил Борисович Ходорковский, ; born 26 June 1963), sometimes known by his initials MBK, is an exiled Russian businessman and opposition activist, now residing in London. In 2003, Khodorkovsky was believed to be the wealthiest man in Russia, with a fortune estimated to be worth $15billion, and was ranked 16th on ''Forbes'' list of billionaires. He had worked his way up the Komsomol apparatus, during the Soviet years, and started several businesses during the period of ''glasnost'' and ''perestroika'' in the late 1980s. After the dissolution of the Soviet Union, in the mid-1990s, he accumulated considerable wealth by obtaining control of a number of Siberian oil fields unified under the name Yukos, one of the major companies to emerge from the privatization of state assets during the 1990s (a scheme known as "Loans for Shares"). In 2001, Khodorkovsky founded Open Russia, a reform-minded organization ...
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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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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 ...
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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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Dissolution Of The Soviet Union
The dissolution of the Soviet Union, also negatively connoted as rus, Разва́л Сове́тского Сою́за, r=Razvál Sovétskogo Soyúza, ''Ruining of the Soviet Union''. was the process of internal disintegration within the Soviet Union (USSR) which resulted in the end of the country's and its federal government's existence as a sovereign state, thereby resulting in its constituent republics gaining full sovereignty on 26 December 1991. It brought an end to General Secretary Mikhail Gorbachev's (later also President) effort to reform the Soviet political and economic system in an attempt to stop a period of political stalemate and economic backslide. The Soviet Union had experienced internal stagnation and ethnic separatism. Although highly centralized until its final years, the country was made up of fifteen top-level republics that served as homelands for different ethnicities. By late 1991, amid a catastrophic political crisis, with several republics alre ...
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