Rosneft

Rosneft or PJSC Rosneft Oil Company is a Russian state-owned energy company that specializes in the exploration, extraction, production, refining, transport, and sale of petroleum, natural gas, and petroleum products. The company was founded in 1993 as a state enterprise and then incorporated in 1995, and now controlled by the Russian government through the Rosneftegaz holding company. The company became the world's largest publicly listed petroleum firm after purchasing OJSC TNK-BP in 2013, then one of Russia's top oil corporations.

Rosneft has a diverse range of oil and gas assets located primarily in Russia, but also in other countries such as Venezuela, Iraq, and Egypt. Rosneft is also among the largest natural gas producers in Russia, it is engaged in exploration and production across all key oil and gas regions of Russia. Rosneft's total proven oil and gas reserves under PRMS classification were 22.8 billion barrels (3.62 billion cubic meters) of oil equivalent at the end of 2010, ranking among the greatest for a publicly listed petroleum corporation in the world. In addition, Rosneft is also involved in electricity generation, renewable energy, transportation, and logistics.

As of April 2022, Rosneft has a market cap of $52.21 B. According to Rosneft's latest financial reports, the company's current revenue (TTM) is $110.59 B. In 2020 the company made a revenue of $62.43 B a decrease over the years 2019 revenue that was $117.55 B.

Founded: 1993

Headquarters: Moscow, Russia