OAO Rosneft Oil Company is a Russian integrated oil company. Rosneft conducts oil and gas exploration and production activities on Sakhalin island, in Siberia, in the Timan-Pechora province, and in southern Russia, including Chechnya. It also owns and operates two refineries. Its plant in Tuapse, on the Black Sea, focuses on refining high-gravity oil from western Siberia. Another plant located in Komsomolsk-on-Amur is the easternmost oil refinery in Russia. Rosneft operates shipping companies, pipeline companies and marketing companies. Although the company is an open joint stock company, according to its website, it seems to be completely owned by the Russian Federation, as represented by the Federal Property Management Agency.
Market value of the company on the 29th of December was valued at $83.908 billion.
Type: public
Founded: 1927
Headquarters: the Netherlands, principal offices in Houston, Paris and the Hague