Tatneft

Tatneft, a Russian oil and gas company, has its headquarters in Almetyevsk, Tatarstan, Russia. The company is vertically integrated, meaning that it has control over the entire production process, from exploration to production, refining, and marketing. Tatneft is the fifth-largest oil company in Russia, producing most of its crude oil in Tatarstan, where it holds most of the exploration and production licenses.

As one of the largest manufacturing companies in Russia, Tatneft's operations include the refining of associated petroleum gas, production and marketing of petrochemicals, mainly tires, as well as manufacturing equipment and providing engineering, procurement, and construction services for oil, gas, and petrochemical projects. Tatneft's TANECO refinery refines about 35.5% of the crude oil produced by the company, amounting to 206.7 thousand barrels per day as of 31 December 2019.

In addition to its core operations, Tatneft has been into banking activities, having obtained control over Bank ZENIT in the fourth quarter of 2016. Tatneft's market capitalization as of 31 December 2019, made it the eighth-largest listed company in Russia. The company's global standing was recognized by Forbes, which ranked Tatneft as the 539th-largest public company in the world in the 2020 Forbes Global 2000.

Tatneft is a significant player in the Russian oil and gas industry, with its vertically integrated structure enabling it to have control over the entire production process, from exploration to marketing. Its diversification into petrochemicals, equipment manufacturing, and banking activities indicates its adaptability and strategic vision in a highly competitive industry.

Founded: 1950

Headquarters: Almetyevsk, Russia

Website: https://www.tatneft.ru/en