(Oil Company Rosneft OJSC) is a Russia-based company engaged in exploration, development, production and sale of crude oil and gas, as well as refining, transportation and sale of petroleum products.
It has 3 business segments:
- the exploration and production segment is engaged in field exploration and development, and production of crude oil and natural gas.
- the refining, marketing and distribution segment is engaged in processing crude oil and other hydrocarbons into petroleum products,
- the purchase, sale and transportation of oil and oil products.
Integrated oil giant Rosneft conducts oil and gas exploration and production activities in Siberia, the Far East, the North Caucasus, Timan-Pechora, the Volga-Urals region, the Black, Caspian, and Azov Seas, and in Kamchatka.
It also has exploration projects in Algeria, Kazakhstan, and Turkmenistan.