Rosneft
Rosneft (Russian Роснефть ) is a majority state-owned Russian oil company with headquarters in Moscow. The company is listed on the stock exchange since 2006. With the announced on October 22, 2012 acquisition of TNK -BP, Rosneft became the world's biggest energy company Exxon ago.
Chairman of the oil company is Igor Sechin, a former deputy head of the Russian presidential administration under Vladmir Putin.
Business
Rosneft explore oil and gas reserves and operates drilling rigs in Sakhalin, in Siberia, the Timan -Pechora Basin ( Nenets Autonomous District ) and in southern Russia. Rosneft owns and operates two refineries. The plant in Tuapse (West Russia) refined heavy oil from Western Siberia, the plant in Komsomolsk -on-Amur is the easternmost oil refinery in Russia. 2005, the company promoted almost 78 million tons of oil. Rosneft also operates freight forwarding, pipeline and marketing companies.
In 2004 the company decided to merge with the Russian and world's largest gas production company Gazprom. The corporate headquarters are located in Moscow, close to the Kremlin.
On 22 December 2004, Rosneft acquired the shell company Baikal Finance Group a few days earlier founded. On 19 December the Baikal Finance Group had the production company Juganskneftegas, the main subsidiary of the Russian energy giant Yukos ( former CEO Mikhail Khodorkovsky ), for seven billion euros ( 9.4 billion U.S. dollars), far below market value auction, after Russian financial authorities Yukos with additional tax of around 28 billion U.S. dollars were forced to sell. About Rosneft is the Russian state managed to take control over most of Yukos.
The production of Rosneft, the only oil production company which has remained entirely in state hands after the extensive privatization of the oil production companies, ranked in 2004 is still far behind the leading oil producer Yukos and Lukoil. After the destruction of the Yukos Group Rosneft made by the takeover of the Yukos Group's largest production company in 2005 in the ranking of Russian oil producers a big leap up and was one of the three largest Russian oil producer.
On 2 March 2005, willed by the governance of the gas producer Gazprom merger was approved by the state oil company Rosneft. The management of Rosneft's reluctance, however, was in vain. Through an exchange of shares Russia gained the majority of shares in Gazprom.
On 21 August 2009, Vladimir Putin symbolically opened the conveyor Wankor, which now ranks among the ten largest mining equipment of oil and gas.
On October 22, 2012 Rosneft announced the acquisition of the third largest Russian oil company TNK -BP for about 55 billion U.S. dollars. TNK -BP was one half of the British BP and four Russian billionaires. Rosneft acquires 50 percent stake to BP of about 28 billion U.S. dollars. BP receives 17 billion U.S. dollars in cash and a stake of almost 20 percent of Rosneft. The AAR of the Russian oligarchs receives as BP for its 50 percent share also around 28 billion U.S. dollars. With the takeover of Rosneft rises on the world's largest energy company.
Share
On 14 July 2006 Rosneft led the largest IPO by in Russian history. The Group took claims to a 10.6 billion U.S. dollars. Russia should remain the majority owner, so a maximum of 49 % of the papers were placed. The biggest part was offered to the London Stock Exchange, smaller parts of Russian stock exchanges. The stock is listed on the RTS Index and is available on the OTC Bulletin Board in the U.S. electronic trading NASDAQ. Share certificates (Global Depositary Receipt US67812M2070 ) are traded on the London Stock Exchange and XETRA.