PJSC Rosneft Oil Company
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Igor Ivanovich Sechin
- Sector
- Energy
- Industry
- Oil & Gas Integrated
- Address
- 26/1, Sofiyskaya Embankment Moscow Russian Federation 117997
- IPO Date
- Feb 15, 2013
- Website
- rosneft.ru
- Similar Companies
- Business
- PJSC Rosneft Oil Company (Rosneft) ranks as Russia's largest oil producer and one of the world's leading publicly traded integrated energy companies, headquartered in Moscow and founded in 1993. The company engages in exploration, production, refining, transportation, and marketing of crude oil, natural gas, and petroleum products across all major Russian hydrocarbon regions, including Western Siberia, Eastern Siberia, Timan-Pechora, the Far East, Southern Russia, Central Russia, and the Arctic shelf; it operates 13 large refineries, three petrochemical plants, four gas processing plants, three catalyst production plants, and a network of approximately 3,000 retail sites spanning 62 regions. Core offerings encompass high-quality motor fuels such as 13.1 million tons of gasoline and 18.1 million tons of diesel sold domestically in 2024, alongside liquefied natural gas via 35 compressed natural gas facilities, electric vehicle charging at 82 stations, petrochemicals, lubricants, and proprietary catalysts for hydrotreatment, hydrocracking, and reforming that have replaced all imports since 2020. Rosneft maintains substantial international presence through subsidiaries in over 20 countries and stakes in assets like a 50% share in Germany's Ruhr Oel GmbH refineries; it targets energy sector clients with hydrocarbon reserves exceeding 21.5 billion tons of oil equivalent under Russian classification and 11.4 billion under PRMS at year-end 2024. In upstream operations, the company drilled over 12 million meters in 2024, commissioned more than 3,000 wells (72% horizontal), discovered seven fields and 97 deposits adding 0.2 billion tons of oil equivalent, and produced 184 million tons of liquids alongside 87.5 billion cubic meters of gas. Downstream, it leads Russian refining with 82.6 million tons processed in 2024 and trades actively on the St. Petersburg International Mercantile Exchange. Recent developments include early-stage talks in 2025 with Reliance Industries to divest a 49.13% stake in India's Nayara Energy, alongside UCP Investment Group's 24.5% holding, amid valuation challenges and potential exits by partners like Trafigura. Rosneft advances the Vostok Oil project with ongoing construction of Sever Bay Port terminals, oil loading facilities, and pumping stations at Payakhskoye and Ichemminskoye fields, where H1 2025 drilling exceeded 62,000 meters and 14 wells were completed. Strategic initiatives encompass expanded oil exports to China via pipeline and sea routes under decade-long proposals, enhanced LNG cooperation, and consolidation of 12 subsidiaries including seven production units and three marketing enterprises into the parent structure. In 2024, the company faced U.S. sanctions targeting its operations, alongside continued Arctic exploration and digital twin implementations for production optimization.
Germany seizes control of 3 oil refineries owned by Russian giant Rosneft to brace for winter energy crisis
German government nationalises Rosneft refinery to protect energy supply
Expensive oil boosts Russian energy giant Rosneft's profit 13% to $7 billion in the first half of the year despite war-time sanctions
Rosneft first half profit jumps to $7.2 billion despite sanctions
Russia's Rosneft paid just $1 for a Norwegian oil major's main assets when the Ukraine war forced it to exit the country: report
Rosneft says Sakhalin-1 oil, gas project output has not resumed
CEO of Rosneft says BP still remains major stakeholder
India is trying to strike new crude-oil deals with Russia — but Russia's oil giant Rosneft doesn't have any extra oil left, report says
Exclusive-Rosneft appoints Mandarin speaker to lead company's global trading - sources
Oil giant Rosneft plans to pay out record dividends amid intensifying sanctions — and Russia stands to be the biggest winner
Russia's Rosneft recommends record dividend on 2021 results
Ex-German Chancellor Schröder Will Leave Russian Oil Company Rosneft's Board
JPMorgan says it has resigned as depositary for Rosneft GDRs
Russia's Rosneft ramps up oil sales to Indian Oil in May - traders
BP underlying RC profit hits $6.25B, but sees $25.5B impairment on Rosneft exit
Rosneft issues June ESPO crude tender, requests for rouble payment
Germany preparing for change of control at Rosneft refinery -minister
Russia's Rosneft seeks roubles up front in oil tenders -sources
BP Looks Out For Buyers to Offload Its Stakes in Rosneft
BP: Rosneft Risk Is Priced In, The Stock Is A Buy