OAO Rosneft Oil CompanyMoscow, Russia

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Rosneft Company Description

Integrated oil giant Rosneft conducts oil and gas exploration and production activities in Siberia, the Far East, the North Caucasus, Timan-Pechora, the Volga-Urals region, the Black, Caspian, and Azov Seas, and in Kamchatka. It also has exploration projects in Algeria, Kazakhstan, and Turkmenistan. The company has proved, probable and possible reserves of 49 billion barrels of oil equivalent. It has seven refineries with an aggregate capacity of 56.7 million tonnes. Rosneft also operates shipping and pipeline companies, as well as a national network of 1,700 gasoline stations. The Russian government owns 75% of Rosneft.

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The Company Description provides a historical perspective of Rosneft's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Rosneft's evolution in the marketplace.

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