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Bashneft – Novoil
Bashneft – Novoil is one of the producers of petroleum products in Russia. The current production facilities of Bashneft – Novoil include primary oil refining, hydrotreatment, reforming and iso-reforming, sulphuric acid alkylation, thermocracking and visbreaking, coking and gas fractionation, solvent refining and dewaxing of oil distillates, tar deasphalting and bitumen production, gas desulphurization and sulphur production units as well as environmental facilities. The flexible technological schemes refine various types of hydrocarbons In organic chemistry, a hydrocarbon is an organic compound consisting entirely of hydrogen and carbon. Hydrocarbons are examples of group 14 hydrides. Hydrocarbons are generally colourless and hydrophobic; their odor is usually faint, and may b ... — low- and high-sulphur crude oil, various gas condensates as well as medium and heavy distillates obtained at other refineries of Ufa Group — and produce a wide range of petroleum pro ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), 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 so 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 Kin ...
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Moscow Interbank Currency Exchange
The Moscow Interbank Currency Exchange () or MICEX () was a stock exchange that operated in Russia from 1992 to 2011. MICEX was the leading Russian stock exchange and one of the largest universal stock exchanges in Eastern Europe. It merged with the Russian Trading System in 2011, creating Moscow Exchange. MICEX consisted of about 550 participating organizations and members, which traded for their clients. In 2006 the volume of transactions on the MICEX reached 20.38 trillion rubles (US$754.9 billion), representing more than 90% of the total turnover of the leading stock exchanges in the Russian stock market. About 239 Russian companies were listed, with a market capitalization Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by ... of US$950 billion as of December 2010. History MIC ...
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Oil And Gas Industry
The petroleum industry, also known as the oil industry, 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 world's energy consum ...
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Bashkortostan
Bashkortostan, officially the Republic of Bashkortostan, sometimes also called Bashkiria, is a republic of Russia between the Volga river and the Ural Mountains in Eastern Europe. The republic borders Perm Krai to the north, Sverdlovsk Oblast to the northeast, Chelyabinsk Oblast to the east, Orenburg Oblast to the south, Tatarstan to the west and Udmurtia to the northwest. It covers . It is the seventh-most populous federal subject in Russia and the most populous republic. Its capital and largest city is Ufa. As of 2025, it has a population of 4,046,094. Bashkortostan was established on .Национально-государственное устройство Башкортостана, 1917–1925 гг: Общее введение и Том 1 // Билал Хамитович Юлдашбаев, Китап, 2002, , 9785295029165Хрестоматия по истории Башкортостана: Документы и материалы с древнейших време ...
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Vacuum Gas Oil
A vacuum (: vacuums or vacua) is space devoid of matter. The word is derived from the Latin adjective (neuter ) meaning "vacant" or "void". An approximation to such vacuum is a region with a gaseous pressure much less than atmospheric pressure. Physicists often discuss ideal test results that would occur in a ''perfect'' vacuum, which they sometimes simply call "vacuum" or free space, and use the term partial vacuum to refer to an actual imperfect vacuum as one might have in a laboratory or in space. In engineering and applied physics on the other hand, vacuum refers to any space in which the pressure is considerably lower than atmospheric pressure. The Latin term ''in vacuo'' is used to describe an object that is surrounded by a vacuum. The ''quality'' of a partial vacuum refers to how closely it approaches a perfect vacuum. Other things equal, lower gas pressure means higher-quality vacuum. For example, a typical vacuum cleaner produces enough suction to reduce air pressure ...
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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 pro ...
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Hydrocarbons
In organic chemistry, a hydrocarbon is an organic compound consisting entirely of hydrogen and carbon. Hydrocarbons are examples of group 14 hydrides. Hydrocarbons are generally colourless and hydrophobic; their odor is usually faint, and may be similar to that of gasoline or lighter fluid. They occur in a diverse range of molecular structures and phases: they can be gases (such as methane and propane), liquids (such as hexane and benzene), low melting solids (such as paraffin wax and naphthalene) or polymers (such as polyethylene and polystyrene). In the fossil fuel industries, ''hydrocarbon'' refers to naturally occurring petroleum, natural gas and coal, or their hydrocarbon derivatives and purified forms. Combustion of hydrocarbons is the main source of the world's energy. Petroleum is the dominant raw-material source for organic commodity chemicals such as solvents and polymers. Most anthropogenic (human-generated) emissions of greenhouse gases are either carbon dioxide ...
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President Of Bashkortostan
The Head of the Republic of Bashkortostan (, ''Bashqortostan Respublikahï Bashlïghï'' - before 1 January 2015 the title was called President 'Президенты, Prezidentï'' is the highest executive position in the Republic of Bashkortostan, a federal subject of the Russian Federation. The Head is the republic's regional head of state and head of government. The Head of Bashkortostan is appointed for a five-year term and must be a citizen of the Russian Federation who is at least thirty years old.Constitution, Chapter 5. The first President of Bashkortostan was Murtaza Rakhimov, who has held the office from 12 December 1993. He was re-elected twice—on June 4, 1998 and on 21 December 2003. The election procedure was abolished in 2006, when Rakhimov was appointed President by the Bashkortostan Kurultai according to the recommendation of the President of Russia, Vladimir Putin.Official website of the Republic of Bashkortostan.Biography of Murtaza Gubaydullovich Rakhim ...
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Murtaza Rakhimov
Murtaza Gubaydullovich Rakhimov (; ; 7 February 1934 – 11 January 2023) was a Russian politician of Bashkir ethnicity who served as the first President of Bashkortostan, a republic within Russia, from 1993 to 2010. Biography Rakhimov was born on 7 February 1934 in the village of Tavakanovo of Kugarchinsky District of the Bashkir Autonomous Soviet Socialist Republic. After graduating from the Ufa Oil Technical School, he began working at the Ufa refinery named XXII Congress of the CPSU. In 1964, Rakhimov on the job he graduated from Ufa Oil Institute, later went to work at the Novo-Ufimsky refinery plant, and in 1986 was appointed director of the company. In 1989, Rakhimov was elected deputy of the USSR, and in the same year, he was appointed Chairman of the Supreme Council of the Republic of Bashkortostan. In November 1993, Rakhimov was nominated as a candidate for deputy of the Federation Council, and in December the same year, Rakhimov was popularly elected the ...
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Petroleum Industry In Russia
The petroleum or oil industry in Russia is one of the largest in the world. Russia has the largest reserves and was the largest exporter of natural gas. It has the sixth largest oil reserves, and is one of the largest producers of oil. It is the fourth largest energy user. In 2009, Russia produced 12% of the world's oil and had a similar share of global oil exports.Key World Energy Statistics. 2006 Edition
, 2006
Russia produced an average of of oil per day in December 2015.
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