Rosneft - Russia's largest oil company (40% Russian and 5% of global oil production). Established in 1991 as Rosneftegas (Rosneft since 1993). Major shareholders as of January 2017 - "Rosneftegas" (60%), BP Russian Investments Limited (19,75%), Glencore and Qatar Investment Authority (19,5%). Capitalisation (January 2017) - 4.2 trillion rubles ($ 70 billion). Headquartered is in Moscow. It is engaged in the extraction, processing and sale of oil and gas. In 2015 oil production amounted to 202.5 million tons, natural gas - 62.5 billion cubic meters. The company's revenue (2015) amounted to 5.15 trillion rubles ($ 80 billion), net profit - 355 billion rubles (5.4 billion dollars). The company's revenue amounted to 4.98 trillion rubles in 2016 (77.2 billion), net profit - 181 billion rubles (2.8 billion dollars). The total number of employees - 250 thousand people. Official site.
The budget profit from the sale of 19.5% of Rosneft is exceeded by the tax benefits for the oil company by 700 billion rubles.
The company wants to increase shipments to China.
Gerhard Schröder, the former German Chancellor and the head of the Nord Stream AG shareholders committee has been nominated to the board of directors of Rosneft, he said at a press conference following the company's extraordinary general meeting, according to Interfax.
The new head of the Rosneft security service has written a statement to the Russian Interior Ministry, demanding to punish unknown people who spread libels about him in the Internet.
Chinese trader CEFC can buy a 5% stake in En+ during the company's IPO.
In addition to the proceeds from the sale of shares, they have already received 174 million euros of dividends and can receive more.
Entire Russia will have to fill up the order portfolio of the new Far Eastern "super shipyard".
Monopoly on the export of Russian gas belongs to Gazprom, Energy Minister Alexander Novak said.
Rosneft and Statoil will produce high-viscosity oil.
The Indian company refused to buy five more deposits in Siberia from Rosneft .
The federal budget will again lose hundreds of billions of rubles from the mineral state corporations that make up the Russian economy, where the state's share has risen from 30% to 70% over 10 years.
Washington is preparing for the possible Rosneft's control over the Venezuelan Citgo, which processes 5% of all US crude oil.
Negotiations with banks on refinancing a loan are threatened because of the anti-Russian sanctions.
AFK Sistema will appeal against the decision of the court to recover almost 136.3 billion rubles in favor of Rosneft. But in the event of a final loss, it will have to pay. Does the company of billionaire Vladimir Yevtushenkov have such money?
AFK Sistema must pay Rosneft 136 billion rubles. The court's decision has a fateful negative impact on the Russian economy, Sistema believes.
Positions of Igor Sechin, Vyacheslav Volodin and Arkady Rotenberg as the president's close associates may weaken after the elections of 2018. Dmitry Medvedev has the most stable position, a new report by "Minchenko Consulting" says.
Gerhard Schröder has both political and long-term business relations with Russia, which the German leadership does not like.
Negotiations began to sell a stake in the Russian oil company.
The company considers the current composition of the Bashkir Arbitration Court illegal.
This is the advance payment of Rosneft to the state company PDVSA for oil supplies.
The history of the Siemens turbines in the Crimea demonstrates the weakness of sanctions and the ingenuity of business.
The Commission of the Russian Security Council suggests discussing the liberalization of gas exports.
The ex-chancellor of Germany Gerhard Schroeder was invited to the board of directors of Rosneft as an independent director. He remains influential in the West and is known for his friendship with Russia, experts recall.
The industry is afraid of damage to investment projects worth billions of dollars.
Vladimir Putin ordered Dmitry Medvedev's government to facilitate the dialogue between Gazprom and Rosneft.
Large and medium-sized businesses are afraid of such conflicts as the dispute between Rosneft and AFK Sistema. Almost 60% of enterprise managers believe that in case of conflict with a larger company, protection of rights is possible only if there is an administrative resource.
Why Russian officials delete information about their way of life from the Internet (breaking world records in it).
Communication with the odious head of Rosneft is a violation of anti-Russian sanctions, the US Treasury decided. ExxonMobil managers will pay $2 million for dealing with Sechin.