Russneft

Russneft is a Russian vertically integrated oil company. It is one of the top 10 largest oil companies in Russia in terms of production volume. The company is involved in oil and gas exploration, production, refining, and marketing. Russneft's main areas of operation are located in the Volga-Ural region, Western Siberia, and the Central and Southern regions of Russia.

The company was founded in 2002 by Mikhail Gutseriev. Significant ownership changes have occurred throughout its history, including periods where the company was controlled by other entities. Russneft went public in 2017 with an initial public offering (IPO) on the Moscow Exchange.

Russneft's activities include:

• Exploration and Production: Locating and extracting crude oil and natural gas from onshore fields.
• Refining: Processing crude oil into various petroleum products, such as gasoline, diesel fuel, and jet fuel.
• Marketing and Distribution: Selling and distributing petroleum products to wholesale and retail customers.

The company is subject to various environmental regulations and aims to minimize its environmental impact. As a major player in the Russian oil industry, Russneft contributes to the country's energy sector and economy.