Rosneft
 Rosneft  (Corporation)   | |
|---|---|
| Formation | 1993 |
| Headquarters | Moscow, Russia |
| Russian integrated oil and gas company. One of the few multinationals in the world not owned by the Western interlocking directorate of capital. | |
Rosneft is a Russian integrated energy company headquartered in the Russian capital of Moscow. It is specialises in exploration, extraction, production, refinement, transport, and sale of petroleum, natural gas, and petroleum products. The company is controlled by the Russian government through a holding company. Its name is a portmanteau of the Russian words Rossiyskaya neft' (Russian: Российская нефть - Russian oil).[1]
Rosneft was founded in 1993 as a state enterprise and later incorporated in 1995, acquiring a number of state-controlled gas and oil assets. Rosneft became Russia's leading oil company after purchasing assets of former oil company Yukos at state-run auctions. After acquiring Open joint-stock company TNK-BP in 2013, then one of the largest oil companies of Russia, Rosneft became the world's largest publicly-traded petroleum company.[2]
Rosneft is the third largest company of Russia and the second-largest state-controlled company after Gazprom in Russia in terms of revenue. Internationally, it is one of the largest oil companies, ranking 24 in terms of revenue. The company operates in more than twenty countries around the world.[3]
Related Document
| Title | Type | Publication date | Author(s) | Description |
|---|---|---|---|---|
| Document:What’s Not Being Said About the Venezuela Oil War | Article | 17 February 2019 | William Engdahl | The Venezuela Oil War Is Really About Huge Oil Reserves in the District of Guayana Esequiba |
References
This page imported content from Wikipedia on 17 February 2019.Wikipedia is not affiliated with Wikispooks. Original page source here
