
Rosneft
Russian energy company headquartered in Moscow

Russian energy company headquartered in Moscow
Rosneft Oil (Russian: Роснефть, romanized: Rosneft', IPA: [ˌrosˈnʲeftʲ] stylized as ROSNEFT) is a Russian public joint-stock company (PJSC) integrated energy company based in Moscow. Rosneft specializes in the exploration, extraction, production, refining, transport, sale of petroleum, natural gas, and petroleum products. Russian state-owned Rosneftegaz is the parent company. Its name is a portmanteau of the Russian words Rossiyskaya neft (Russian: Российская нефть, lit. 'Russian oil'). Rosneft was founded in 1993 as a state enterprise and then incorporated in 1995, acquiring many state-controlled gas and oil assets. It became Russia's leading oil company after purchasing assets of the former oil company Yukos at state-run auctions. After acquiring OJSC TNK-BP in 2013, one of the largest oil companies in Russia, Rosneft, became the world's largest publicly traded petroleum company. Rosneft is the second largest Russian company and state-controlled company in Russia in terms of revenue...
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