Rosneft
Rosneft is a Russian integrated energy company headquartered in Moscow. It specializes in the exploration, production, refining, transport, and sale of petroleum, natural gas, and petroleum products. Rosneft is majority-owned by the Russian government through its holding company, Rosneftegaz.
The company has significant operations in Russia and internationally, participating in projects in countries such as Venezuela, Vietnam, and Egypt. Rosneft's operations span the entire oil and gas value chain, from upstream exploration and production to downstream refining and distribution.
Rosneft has been a major player in the Russian energy sector since its establishment in 1993, evolving from a state-owned enterprise to a publicly traded company. Its growth has been marked by significant acquisitions, including the acquisition of TNK-BP in 2013, solidifying its position as one of the world's largest publicly traded oil companies by production volume.
Rosneft's activities and financial performance are significantly influenced by global oil prices, geopolitical events, and Russian government policies. The company is subject to international sanctions imposed by the United States, the European Union, and other countries following Russia's annexation of Crimea in 2014 and its subsequent actions in Ukraine. These sanctions have impacted the company's access to financing and technology, affecting its operational capabilities and international partnerships.