Rosneft

PJSC Rosneft
Native name
ПAO «Росне́фть»
Company typePublic (PJSC)
MCXROSN
LSEROSN
IndustryPetroleum
PredecessorMinistry of Oil and Gas (Soviet Union)
Founded1993; 31 years ago (1993)
Headquarters,
Russia
Area served
Russia
Key people
ProductsPetroleum
Natural gas
Motor fuels
Petrochemicals
RevenueDecrease $93.57 billion (2022)
Decrease $19.30 billion (2022)
Decrease $10.11 billion (2022)
Total assets$223 billion[1] (2021)
Total equity$88.1 billion[1] (2021)
Owner

(2021[2])

Number of employees
334,600 (2019) Edit this on Wikidata
SubsidiariesNayara Energy (49.13%)
Websiterosneft.com

PJSC Rosneft Oil Company (Russian: Роснефть, romanized: Rosneft', IPA: [ˌrosˈnʲeftʲ] stylized as ROSNEFT) is a Russian integrated energy company headquartered in Moscow. Rosneft specializes in the exploration, extraction, production, refining, transport, and sale of petroleum, natural gas, and petroleum products. The company is controlled by the Russian government through the Rosneftegaz holding company. Its name is a portmanteau of the Russian words Rossiyskaya neft (Russian: Российская нефть, lit.'Russian oil').[3][4]

Rosneft was founded in 1993 as a 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 OJSC TNK-BP in 2013, then one of the largest oil companies in Russia, Rosneft became the world's largest publicly traded petroleum company.[4][5]

Rosneft is the third-largest Russian company and the second-largest state-controlled company (after Gazprom) in Russia in terms of revenue (4,134 billion).[6] Internationally, it is one of the largest oil companies, ranking 24 in terms of revenue.[citation needed] In the 2020 Forbes Global 2000, Rosneft was ranked as the 53rd-largest public company in the world.[7] The company operates in more than twenty countries around the world.[3][4] In 2022, the company's revenue amounted to 7 trillion rubles.[8]

  1. ^ a b "2021 Full Year IFRS" (PDF). Rosneft. 11 February 2022. p. 90. Retrieved 11 February 2022.
  2. ^ "Shareholder structure". Archived from the original on 22 August 2021.
  3. ^ a b "Rosneft at a glance". Rosneft. Retrieved 2 March 2018.
  4. ^ a b c "History of Rosneft". Rosneft. Retrieved 2 March 2018.
  5. ^ "РБК узнал о задержании замначальника таможни Дагестана" [RBC learned about the detention of the deputy head of the customs of Dagestan]. Vedomosti (in Russian). 2 March 2018. Retrieved 2 March 2018.
  6. ^ "Эксперт 400 - рейтинг крупнейших российских компаний" [Expert 400 - rating of the largest Russian companies] (in Russian). Expert. Archived from the original on 4 July 2018. Retrieved 2 March 2018.
  7. ^ "Forbes Global 2000". Forbes. Retrieved 31 October 2020.
  8. ^ "ПАО "НК "Роснефть"". www.rusprofile.ru (in Russian). Retrieved 8 September 2023.