Руководство роснефти состав

Состоялось годовое общее собрание акционеров компании «Роснефть». Акционеры избрали новый состав Совета директоров в количестве 11 человек, в который вошли:

Андрей Игоревич Акимов — председатель правления, заместитель председателя Совета директоров «Газпромбанк» (Акционерное общество);

Педро А. Акино, мл. — президент — главный исполнительный директор компании Oil & Petroleum International Resources Ltd., независимый директор (Республика Филиппины);

Файзал Алсуваиди — представитель Qatar Investment Authority (Государство Катар);

Хамад Рашид Аль-Моханнади — представитель Qatar Investment Authority (Государство Катар);

Мухаммед Бин Салех Аль-Сада — председатель попечительского совета Университета науки и технологий Дохи, член Консультативного совета Верховного совета стран Персидского залива, независимый директор (Государство Катар);

Виктор Георгиевич Мартынов — ректор РГУ нефти и газа (НИУ) имени И.М. Губкина, независимый директор;

Александр Дмитриевич Некипелов — академик Российской академии наук, независимый директор;

Александр Валентинович Новак — заместитель председателя правительства Российской Федерации;

Максим Станиславович Орешкин — помощник президента Российской Федерации;

Говинд Коттис Сатиш — управляющий директор Value Prolific Consulting Services Pvt. Ltd. (ValPro), независимый директор (Индия);

Игорь Иванович Сечин — главный исполнительный директор, председатель правления ПАО «НК «Роснефть».

Председателем Совета директоров компании «Роснефть» избран Мухаммед Бин Салех Аль-Сада, имеющий 40-летний опыт работы в энергетическом секторе. В настоящее время он является председателем попечительского совета Университета науки и технологий Дохи.

В период c 2007 по 2011 годы Аль-Сада занимал пост государственного министра по делам энергетики и промышленности Катара, с 2011 по 2018 годы — министра энергетики и промышленности Катара, председателя правления Qatar Petroleum (ныне — QatarEnergy). Также он возглавлял советы директоров и органы управления целого ряда дочерних структур компании, среди которых: производитель СПГ RasGas, одна из ведущих мировых газотранспортных компаний Nakilat, трейдинговые Qatar International Petroleum Marketing и Qatar Chemical and Petrochemical Marketing and Distribution Company, нефтехимическая Q-Chem, сталелитейная Qatar Steel, электроэнергетическая Qatar General Electricity & Water Corporation и др.

Собрание акционеров также утвердило годовой отчет, бухгалтерскую отчетность, приняло решение об избрании Ревизионной комиссии в составе 5 человек.

«Новые члены Совета директоров «Роснефти» — весьма авторитетные специалисты, обладающие громадным познаниями в нефтегазовой отрасли. Мухаммед Бин Салех Аль-Сада — знаковая фигура для ближневосточной энергетики. Он обладает более чем 35-летним опытом работы в отрасли, на протяжении семи лет был министром энергетики Катара и в этом качестве принимал активное участие в формировании альянса ОПЕК+. Стоит отметить, что именно под председательством Аль-Сада (в течение года он был президентом ОПЕК) в 2016 году была заключена первая сделка по сокращению добычи в формате ОПЕК+. Он участвовал во всех основных ключевых процессах в нефтегазовой отрасли в прошлом десятилетии», — прокомментировал доцент Финансового университета при правительстве России Леонид Крутаков.

По мнению аналитика, вхождение в Совет директоров Говинда Коттис Сатиша подтверждает стратегическое значение Индии для «Роснефти». Он стал первым представителем этой страны, вошедшим с состав совета. Сатиш обладает почти 40-летним опытом работы в отрасли, занимал руководящие позиции в крупнейшей нефтяной компании Индии Indian Oil, в том числе в области трейдинга. Думаю, с его приходом в «Роснефть» связи компании с партнерами из Индии будут только укрепляться.

«Эти назначения свидетельствуют о том, что даже вопреки колоссальному санкционному давлению и наложенным ограничениям «Роснефть» продолжает оставаться глобальным мейджором и несомненным авторитетом на мировом рынке», — отметил Суверов.

Основная статья: Роснефть

В конце июня 2022 года состоялось собрание акционеров «Роснефти», на котором был утвержден новый состав совета директоров компании. Новым председателем избран Бельмахди Тайеб, бывший топ-менеджер Qatar Energy. Герхард Шрёдер покинул эту должность в мае 2022 года.

Весной 2022 года нефтекомпания сообщила, что Шрёдер не сможет продлить свои полномочия. Это произошло на следующий день после того, как Европарламент предложил ввести санкции против европейских членов правления крупных российских компаний и политиков, которые продолжают получать деньги из России. Среди них парламентарии упомянули и Шрёдера, которого действующий канцлер ФРГ Олаф Шольц призвал покинуть все посты в России на фоне российской военной операции на Украине.

Новыми членами совета директоров «Роснефти», как сообщила пресс-служба компании 30 июня 2022 года, стали глава Газпромбанка Андрей Акимов, главный исполнительный директор компании Oil & Petroleum International Resources Педро Акино, губернатор Красноярского края Александр Усс, ректор Санкт-Петербургского горного университета Владимир Литвиненко, директор Московской школы экономики Александр Некипелов.

Также в совете были переизбраны глава компании Игорь Сечин, представители Qatar Investment Authority Файзал Алсуваиди и Хамад Рашид Аль-Моханнади, вице-премьер Александр Новак, помощник президента РФ Максим Орешкин.

Ранее в 2022 году из совета директоров «Роснефти» ушли также главный исполнительный директор BP Бернард Луни, экс-глава компании Роберт Дадли и бывший министр иностранных дел Австрии Карин Кнайсль.

Как сообщается на сайте «Роснефти», совет директоров избирается в составе 11 членов. В совете директоров обеспечено оптимальное соотношение исполнительных, неисполнительных и независимых членов. ^[1]

2021: Избрание нового состава совета директоров

1 июня 2021 года состоялось собрание акционеров «Роснефти», на котором избрали новый состав совета директоров. В него вошла и бывшая глава МИД Австрии Карин Кнайсль, чью свадьбу в 2018 году посетил президент России Владимир Путин.

Всего утверждено 11 членов в обновлённом совете директоров. Помимо Карины Кнайсль, это:

• Файзал Алсуваиди – представитель Qatar Investments Authority, член попечительского совета Qatar University;
• Хамад Рашид Аль Моханнади – представитель Qatar Investments Authority, член Попечительского совета Международного Катарского Фонда энергетики и устойчивого развития им. Абдуллы Бин Хамада Аль-Аттыйи;
• Маттиас Варниг – исполнительный директор Nord Stream 2 AG (Швейцария), независимый директор;
• Роберт Дадли – консультант BP Russian Investments Limited;
• Бернард Луни – член совета директоров, главный исполнительный директор BP;
• Александр Новак – заместитель председателя Правительства РФ;
• Максим Орешкин – помощник Президента РФ;
• Ханс-Йорг Рудлофф – председатель правления Marcuard Holding, независимый директор;
• Игорь Сечин – главный исполнительный директор, председатель правления ПАО «НК «Роснефть»;
• Герхард Шрёдер – председатель совета директоров Nord Stream 2 AG (Швейцария),председатель комитета акционеров Nord Stream AG (Швейцария), независимый директор.

Карин Кнайсль оказалась единственным новым членом в совете директоров «Роснефти» — остальные были переизбраны на новый срок. Из прошлого состава в новый не попал профессор факультета экономических наук ВШЭ Олег Вьюгин.

О том, что бывший министр иностранных дел Австрии выдвинута в качестве кандидата в совет директоров «Роснефти» от государства, стало известно в начале марта 2021 года из соответствующего распоряжения Правительства РФ. Кроме Кнайсль, на эти должности правительство также заявило экс-Герхарда Шредера, Маттиаса Варнига и Ханса-Йорг Рудлоффа.^[2]

2020

В мае 2020 г «Роснефть» предложила сохранить вознаграждение членов совета директоров в 2020 г на уровне 2019 года.

Бывшему канцлеру ФРГ Герхарду Шредеру предлагается выплатить $600 тысяч, Хамаду Рашиду Аль Моханнади — $530 тысяч, Файзалу Алсуваиди — $530 тысяч, Маттиасу Варнигу — $580 тысяч, Олегу Вьюгину — $560 тысяч, Ханс-Йоргу Рудлоффу — $580 тысяч.

Членам совета директоров, которые являются госслужащими (Андрею Белоусову, Александру Новаку), и предправления компании Игорю Сечину размеры вознаграждения за выполнение обязанностей членов совета директоров в 2019 году не указаны.

2019

По итогам 2019 года члены правления «Роснефти» получили в качестве вознаграждения 3,545 млрд рублей. Из этой суммы 1,5 млрд рублей составили премии.

Примечания

Not to be confused with Russneft.

Parts of this article (those related to very old events mentioned in present and future tense) need to be updated. Please help update this article to reflect recent events or newly available information. (June 2023)

PJSC Rosneft

Rosneft Headquarters, Sofiyskaya Embankment, Moscow, September 2005
Native name	ПAO «Росне́фть»
Type	Public (PJSC)
Traded as	MCX: ROSN LSE: ROSN
Industry	Petroleum
Predecessor	Ministry of Oil and Gas (Soviet Union)
Founded	1993; 30 years ago
Headquarters	Moscow , Russia
Area served	Russia
Key people	Taieb Belmahdi (Chairman) Igor Sechin (CEO)
Products	Petroleum Natural gas Motor fuels Petrochemicals
Revenue	$93.57 billion (2022)
Operating income	$19.30 billion (2022)
Net income	$10.11 billion (2022)
Total assets	$223 billion[1] (2021)
Total equity	$88.1 billion[1] (2021)
Owner	Rosneftegaz + subsidiaries (70%) BP (19.76%) QIA (18.46%) (2021[2])
Number of employees	334,600 (2019)
Subsidiaries	Nayara Energy (49.13%)
Website	rosneft.com

PJSC Rosneft Oil Company (Russian: Росне́фть, tr. Rosnéft’, IPA: [ˌrosˈnʲeftʲ] stylized as ROSNEFT) is a Russian integrated energy company headquartered in Moscow. Rosneft specializes in the exploration, extraction, production, refining, transport, and sale of petroleum, natural gas, and petroleum products. The company is controlled by the Russian government through the Rosneftegaz holding company. Its name is a portmanteau of the Russian words Rossiyskaya neft (Russian: Российская нефть, lit. ‘Russian oil’).^[3][4]

Rosneft was founded in 1993 as a state enterprise and then incorporated in 1995, acquiring a number of 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, then one of the largest oil companies in Russia, Rosneft became the world’s largest publicly traded petroleum company.^[4][5]

Rosneft is the third-largest Russian company and the second-largest state-controlled company (after Gazprom) in Russia in terms of revenue (₽4,134 billion).^[6] Internationally, it is one of the largest oil companies, ranking 24 in terms of revenue.^{[citation needed]} In the 2020 Forbes Global 2000, Rosneft was ranked as the 53rd-largest public company in the world.^[7] The company operates in more than twenty countries around the world.^[3][4]In 2022, the company’s revenue amounted to 7 trillion rubles.^[8]

History[edit]

Origins[edit]

Rosneft has played a major role in the history of Russia’s oil industry. The first use of the name Rosneft dates back to the late 19th century^{[citation needed]}, when exploration of oil fields in Sakhalin began in 1889. Most of Rosneft’s current assets were acquired during the Soviet era.^[4]

1990s[edit]

Rosneft was established in 1993 as a unitary enterprise with assets previously held by Rosneftegaz, the successor to the Soviet Union’s Ministry of Oil Industry. During the early 1990s, almost all Russian oil companies and refineries were extracted from Rosneft to form ten integrated companies. Later their number was halved as a result of acquisitions. On 29 September 1995, an Order of the Government of Russia No. 971 transformed Rosneft into an open joint stock company.^[9]

In March 1996, Rosneft founded the Russian Regional Development Bank.^[10][11]

Rosneft struggled financially and operationally during the 1998 Russian financial crisis with decreased production due to poor assets and lower retail sales with an underused refining capacity. In July 1998 the Russian government tried to sell Rosneft, but it failed.^[12]

In October 1998, the Russian government appointed Sergey Bogdanchikov as president.^[13] The company owned two obsolete refineries and several low-productive and poorly managed oil-producing assets. In the late 1990s, plans for Rosneft’s privatization in Russia were made, but due to competition with equally influential pretenders, they were not carried out.^[4]

2000s[edit]

From 2002 to 2004, the company’s primary objectives were strengthening control over its assets, reducing the debt burden, and obtaining licenses in Eastern Siberia. The determining factor in enhancing the role of Rosneft in the Russian oil industry has been the support of the country’s top leadership.^[vague] The company, during this time, managed to restore its status after its rough start in the 1990s with the acquisition of Krasnodar Oil and Gas Company in 2002 and Northern Oil Company in early 2003. In addition, in 2002, the company received a license for the development of the Sakhalin-IV and Sakhalin-V project,^[14] and in 2003 a license for the development of the Sakhalin-III project.^{[citation needed]}

In 2005, Rosneft acquired a 25.94% stake in the company Verkhnechonskneftegaz^[15] and became the leading oil company of Russia in terms of production.^[4][16]

In 2007, the company for the first time entered the annual list of one hundred most respected firms and companies in the world according to the weekly Barron’s, in 99th place.^[17] By the same year, Rosneft produced 100 million barrels of oil, 20% of Russia’s output at the time.^[4] In March 2007, Rosneft had announced it hoped to increase production from 80 million tonnes to 103 million tonnes from 2006 to the end of 2007, extract 140 million tonnes of oil by 2012, and become a global top three energy company.^[18]

When the Great Recession struck Russia in late 2008, Rosneft was able to endure the economic pains by improving and strengthening business lines, management, and transparency, and as a result, became a leading oil company domestically and internationally.^[4]

In February 2009, a number of agreements were negotiated between Russia and China that provided a 20-year contract for an annual supply of 15 million tons of oil between the Chinese National Petroleum Corporation (CNPC) and Rosneft, cooperation between CNPC and Transneft to construct and operate a branch of the Eastern Siberia–Pacific Ocean (ESPO) oil pipeline to China, and the provision of loans for US$25 billion—US$15 billion from Rosneft and US$10 billion from Transneft—by the China Development Bank on the security of supplies.^[19][20][21]

Acquisition of assets of Yukos[edit]

Starting in 2004, the Russian government organized a series of auctions to sell the assets of Yukos Oil Company, of which Rosneft won the majority. On 22 December 2004, Rosneft purchased Baikal Finance Group, which bought Yuganskneftegaz (Yugansk), a main asset of Yukos, three days earlier at a state-run auction for US$9.35 billion to satisfy tax debts.^[22] According to some estimates,^[who?] this operation was directed by Russian authorities in order to nationalize Russia’s oil and gas industry. In response to the deal, Andrei Illarionov, then a senior Putin economic advisor, denounced it as «fraud of the year».^[23]

In 2005, Mikhail Khodorkovsky (former chairman of Menatep) and Platon Lebedev (business partner of Khodorkovsky) were sentenced to nine years in prison for fraud and tax evasion. In February 2007, they were charged again and accused of stealing $25 billion worth of oil from Yukos subsidiaries. They were convicted, but in 2013 Putin pardoned Khodorkovsky and 2014 the Russian supreme court announced that Lebedev should also be freed early.^[22]

The purchase of Yugansk in 2005^[24] greatly increase the number of assets and production for Rosneft. Subsequently, Rosneft filed a lawsuit against Yukos in connection with the use of the understated transfer prices for the purchase of oil from Yuganskneftegaz prior to its breakup. At the same time, Rosneft itself also purchases oil and gas from its subsidiary, Yuganskneftegaz, at transfer prices.^{[citation needed]}

In May 2007, Rosneft won a number of auctions for the sale of Yukos’ assets, including five refineries and oil companies Tomsk Oil Company and Samara Oil and Gas Company, making it the largest oil company in Russia. According to experts on the Russian newspaper Vedomosti, the assets of Yukos, bought by Rosneft at auction organized by the state, went to the company at a discount of 43.4% of the market price of this property. In 2007, the former assets of Yukos provided 72.6% of oil and gas condensate production and 74.2% of Rosneft’s primary refining.^[25] In June, Rosneft paid $731 million for the transportation assets of Yukos, which had declared bankrupt in August 2006 after three years of litigation over tax arrears.^[26] In August, Bogdanchikov said that although the Yukos acquisitions had increased Rosnefts debt to $US 26 billion, he planned to reduce debt to 30% of total assets by 2010 by tripling refining capacity and expand into China.^{[citation needed]}

Initial public offering of 2006[edit]

In July 2006, Rosneft placed 15% of its shares traded with a total value of US$10.7 billion in an initial public offering (IPO) at the London Stock Exchange, the Russian Trading System, and the Moscow Interbank Currency Exchange. Part of the shares were distributed among the Russian population through banks such as Sberbank and Gazprombank.^[4][27][28]

The Federal Service for Financial Markets authorized the placement and circulation outside the country of a 22.5% stake in Rosneft.^[29]

Rosneft announced a placement value of US$5.85–7.85 per share and global depository receipt (GDR), based on the company’s capitalization after consolidation of US$60–80 billion. It planned to place shares for at least US$8.5 billion in order to repay loans to Western banks, including interest and taxes.^[30]

On 14 July, the official results of the placement value were announced. Shares were priced at US$7.55, almost at the upper end of the price band, resulting in Rosneft’s capitalization—taking into account the upcoming consolidation of its subsidiaries—at a value of US$79.8 billion, making Rosneft surpass Lukoil as the largest oil company in Russia. Investors bought 1.38 billion shares for US$10.4 billion: 21% of the shares were bought by strategic investors, 36% from international investors from North America, Europe, and Asia, 39% from Russian investors, and 4% from Russian retail investors. 49.4% of the total IPO volume accounted for four investors, including BP for US$1 billion, Petronas for US$1.5 billion, and the CNPC for $0.5 billion. Individuals submitted applications for the purchase of 99,431,775 shares of the oil company, and as a result, most of the new shareholders were individuals; partly because of this IPO was given the unofficial name of «people’s.»^[31][32]

Rosneft’s IPO became the largest in the history of Russia and the fifth in the world in terms of the amount of money raised at the time. The announced amount could increase by another US$400 million if the global placement coordinators realize the option of buying another 53 million GDRs of Rosneft at the price of placement within 30 days.^[4]

On Abkhazia[edit]

On 26 May 2009, a five-year cooperation agreement was negotiated between Rosneft and the Abkhazia’s Ministry of Economy. The parties stated their intention to develop mutually beneficial cooperation in areas as geological prospecting, development of oil and gas fields, production of hydrocarbons, and sale of oil, natural gas and oil products. Rosneft undertook exploration on the shelf in the Ochamchira area, discovering preliminary reserves estimated at 200 million to 500 million tons of oil equivalent. In addition to drilling and creating its own sales network, Rosneft also planned the construction of mini-refineries in Abkhazia.^[33][34]

According to Rosneft, the company provides more than half of the retail sales of oil products in Abkhazia. In 2014, Rosneft exported 47 thousand tons of oil products to Abkhazia. Since 2015, Rosneft started supplying aviation fuel for Sukhumi Babushara Airport.^[35]

As part of the project to develop the Gudauta area on the Black Sea shelf, Rosneft will carry out a full range of geophysical and geochemical research, conduct 2D and 3D seismic surveys, and start preparations for exploratory drilling.^[35] In June 2014, Rosneft extended the shelf study period to five years.

In July 2015, however, the new President of Abkhazia, Raul Khajimba, who replaced Alexander Ankvab after his resignation, spoke out against the exploration and production of oil on the offshore shelf of Abkhazia and asked the People’s Assembly to consider the possibility of establishing a «commission for the comprehensive study of issues related to the conclusion of contracts for exploration and production hydrocarbons by the previous Abkhaz leadership.»^[36]

A group of deputies of the People’s Assembly drafted a bill banning the development of hydrocarbons in Abkhazia. Supporters of the bill demanded the prohibition of the development of the offshore shelf in Abkhazia for 30 years.^[36]

2010s[edit]

In September 2010, Eduard Khudainatov replaced Sergei Bogdanchikov as CEO of the company.^[37]

On 15 October 2010, Russian President Dmitry Medvedev signed an agreement with President of Venezuela Hugo Chávez for the PDVSA to sell 50% of the shares of German company Ruhr Oel to Rosneft, giving Rosneft oil refining assets in Germany.«Stake in Ruhr Oel GmbH». Rosneft.

Since 23 May 2012, former Deputy Prime Minister Igor Sechin became the company’s CEO, succeeding Khudaninatov, who received the post of vice-president.^[38]

In the summer of 2012, Rosneft purchased a fuel oil terminal from the United Shipbuilding Corporation (USC) located on the territory of the Murmansk Ship Repair Plant No. 35. The transaction value is estimated at US$28 million. According to Kommersant, the Murmansk terminal can be used as a platform for Rosneft’s activities in the Arctic.^[39]

In October 2016, Rosneft bought a 49% stake in Essar Oil of India, along with Russian investment fund United Capital, in a deal worth $13 billion.^[40]

On 7 December 2016, Rosneft signed a deal to sell 19.5% of the outstanding shares, or roughly US$11 billion, to the Anglo-Swiss multinational commodity trader Glencore and the Qatar Investment Authority.^[41] Officially, the stake was split 50/50 between Glencore and Qatar, but Glencore contributed only €300 million and claims only a 0.54% stake. The ownership structure includes a Cayman Islands company, QHG Cayman Limited, whose ownership can not be traced.^[42] After the transaction, Rosneft’s holding company Rosneftegaz retained 50% + 1 share of the company.^[43]

On 2 October 2017, the PLA-linked CEFC China Energy^[44] bought a $9 billion stake in Rosneft.^[45]

On 26 September 2017, the Russian government controversially approved the former German chancellor Gerhard Schröder as chairman of Rosneft.^[46]

In May 2018, it was announced that the Qatar-Glencore consortium is cancelling the plan to sell a $9.1 billion (14%) stake of Rosneft to CEFC China Energy. With the dissolution of the consortium, the Qatar Investment Authority purchased the shares instead, thereby solidifying its position as one of the biggest shareholders (19%) of Rosneft.^[47]

In the 2010s, the extensive contact between Rosneft and ExxonMobil were further deepened, with Igor Sechin and Rex Tillerson getting to know each other personally.^[48]

Arctic shelf deals with BP and ExxonMobil[edit]

On 15 January 2011, Rosneft and British Petroleum (BP) announced a deal to develop the East-Prinovozemelsky field on the Russian arctic shelf between the Yamal Peninsula and Novaya Zemlya island.^[49][48] As part of the deal Rosneft was to receive 5% of BP’s shares, worth approximately $7.8 billion, as of January 2011 and BP would get approximately 9.5% of Rosneft’s shares in exchange.^[50][48] According to the deal, the two companies would create an Arctic technology centre in Russia to develop technologies and engineering practices for safe arctic hydrocarbons extraction.^[51] AAR, which represents four billionaires of Russian origin and is BP’s Russian partner in the TNK-BP joint venture, blocked the BP–Rosneft deal in international courts, arguing it breached earlier contracts between BP and AAR.^[52] The TNK-BP partners had previously signed a shareholding agreement which stipulated that their Russian joint venture would be the primary corporate vehicle for BP’s oil and gas operations in Russia.^[53] On 30 August 2011, Rosneft announced that instead of BP the partner for EPNZ-1, EPNZ-2 and EPNZ-3 in the Kara Sea will be ExxonMobil. In exchange, subject to approval by U.S. regulators, in addition to a share in oil production in Russian fields, Rosneft was granted participation in U.S. fields in Texas and the Gulf of Mexico.^[54][55]

Black Sea shelf deal with ExxonMobil[edit]

On 27 January 2011, Rosneft and the American company ExxonMobil signed a deal to establish a joint venture for the purpose of prospecting and extracting oil from the Tuapse field deepwater area on the Black Sea shelf, near the coast of the Krasnodar Krai.^[48] The value of the deal is unknown, but ExxonMobil is expected to invest $1 billion in the project.^[48] The venture will be shared 50–50 between the companies during prospecting phase, and two-thirds to one-third in Rosneft’s favour during the extraction phase. The Tuapse Trough is estimated to contain 7.2 billion barrels of oil equivalent. The first well could be drilled in 2012.^[56] The deal also contains options for additional cooperation, such as extended exploration and production, deliveries to Rosneft’s oil refinery in Tuapse, development of transport infrastructure and research on offshore oil production technologies.^[57] According to analysts, offshore areas are central to Rosneft’s expansionist plans, and the company is looking for foreign cooperation to bring in new technology and share risks.^[56]

In April 2017, the Trump administration denied ExxonMobil permission to continue a deal with Rosneft to drill for oil in Russia.^[58]

TNK-BP acquisition[edit]

On 22 October 2012, it was announced that Rosneft will take over TNK-BP International, a parent company of TNK-BP Holding, which is the third largest oil company in Russia.^[59] BP will receive in exchange of its stake $12.3 billion of cash and 18.5% of Rosneft’s share, while ARR will receive $28 billion in cash.^[60] According to Rosneft’s CEO Igor Sechin, no discussion had been held on a buyout of minority shareholders in TNK-BP Holding.^[61] The deal was completed on 20 March 2013.^[62]

2020s[edit]

On 27 February 2022, BP announced that it would divest its 19.75% stake in Rosneft in response to the Russian invasion of Ukraine that took place in February 2022.^[63]

The week beginning 19 April 2022, Rosneft attempted to sell millions of barrels of Urals, one of three main export-grade crude oils sold by Russia. The offer failed to attract any customers.^[64]

Following the 2022 Russian invasion of Ukraine more than half of Rosneft’s 11-member board have quit, forcing the company into a major reshuffle at its annual general meeting on 30 June 2022. Taieb Belmahdi, a former executive at Qatar’s state-owned QE, has been elected chairman of the board to replace ex-German chancellor Gerhard Schröder who stepped down in May.^[65]

Sanctions[edit]

On 16 July 2014, the Obama administration imposed sanctions through the US Department of Treasury’s Office of Foreign Assets Control (OFAC) by adding Rosneft and other entities to the Sectoral Sanctions List (SSL) in retaliation for the annexation of the Crimean Peninsula by the Kremlin and the ongoing Russian interference in Ukraine.^[66]

The Trump administration expanded further sanctions on its Swiss-incorporated company (Rosneft Trading S.A.) and its president Didier Casimiro on 18 February 2020, for supporting Venezuela’s Nicolás Maduro regime by operating in the oil sector of the Venezuelan economy.^[67][68]

In March 2022, as a result of the 2022 Russian invasion of Ukraine the EU imposed sanctions on Rosneft.^[69]

Sanctioned by New Zealand.^[70]

Operations[edit]

Rosneft’s daily average crude oil production in 2010 increased by 6.4%, to 2.3 million barrels (370 thousand cubic metres). Total crude oil output reached 847.4 million barrels (134.73 million cubic metres) of oil and gas condensate. Rosneft is also among the largest natural gas producers in Russia, with a total gas production of 12.3 billion cubic metres (1.23×10¹⁰ cubic metres) in 2010. Rosneft is engaged in exploration and production across all key oil and gas regions of Russia: Western Siberia, Southern and Central Russia, Timan-Pechora, Eastern Siberia, the Far East, and the shelf of Russia’s Arctic Ocean. As of year-end 2010, Rosneft’s total proved oil and gas reserves under PRMS classification were 22.8 billion barrels (3.62 billion cubic metres) of oil equivalent, among the highest for a publicly traded petroleum company worldwide. Rosneft is also second-to-none in terms of total proved liquid hydrocarbon reserves.^[71][72]

In 2016, based on geological prospecting, 13 oil fields and 127 new deposits^[16] with the reserves totaling 207 million tons of oil equivalent were discovered. The replacement of hydrocarbon reserves of industrial categories ABC1 amounted to 354 million TOE or 126% of the production in Russia. The replacement factor for new reserves has been significantly above 100% for over ten years.^{[73][third-party source needed]}

According to Rosneft, the reserves increment in Western Siberia amounted to 133 million tons of oil and condensate and 87 billion cubic metres (8.7×10¹⁰ cubic metres) of natural gas. 37 prospecting and exploration wells tests were completed with a success rate of 89%. 45 new deposits with the total reserve of 59 million tons of AB1С1 + В2С2 were discovered. In Eastern Siberia and the Far East, the total increase in reserves amounted to 21.2 million tons of oil and condensate and 29 billion cubic metres (2.9×10¹⁰ cubic metres) of gas. 11 exploration well tests were completed with a success rate of 55%. Five new deposits with reserves of 39 million tons of oil equivalent were discovered. In 2016, the total incremental 4.8 billion cubic metres (4.8×10⁹ cubic metres) of gas. 37 well tests were completed with a success rate of 76%.^{[73][third-party source needed]}

Rosneft owns and operates seven large refineries in Russia with an aggregate annual capacity of 372 million barrels (59.1 million cubic metres) and four mini-refineries. The refineries are able to process about 45% of crude oil produced by Rosneft as a whole. Rosneft owns as well a 50% stake in Ruhr Oel GmbH,^[72] the owner of stakes in four refineries in Germany with overall capacity of 23.2 million tonnes.^[74] Rosneft is the second largest national oil company by retail network, which covers 41 regions of Russia and includes 1,800 filling stations.^[71][75] In March 2020, the company stopped its operations in Venezuela and sold all of its assets in the country to another unnamed company that is owned by the Russian government.^[76]

Corporate affairs[edit]

Shareholders[edit]

Prior to the initial public offering (IPO) in 2006, all of Rosneft’s shares were owned by the Russian government through its holding company JSC Rosneftegaz. After the placement of the company’s shares on the stock exchange and the consolidation of shares of 12 subsidiaries (including Yuganskneftegaz) of Rosneft, the share of Rosneftegaz decreased to 75.16%. As of September 2012, Rosneft had over 160,000 shareholders. By December 2016, the number of individual shareholders was 138,000, with Rosneftegaz owning only 50% of the shares, BP owning 19.75%, and 30.25% owned by other shareholders.^[77][78] In August 2021 Igor Sechin increased his own share at Rosneft from 0.1273% up to 0.1288%.^[79]

Management[edit]

Board of directors[edit]

Members of the board of directors (as of June 2022):^[80]

• Taieb Belmahdi – Chairman^[81]
• Igor Sechin – CEO, Deputy Chairman
• Aleksander Nekipelov – Deputy Chairman, Independent director
• Andrey Akimov
• Hamad Rashid Al-Mohannadi
• Faisal Alsuwaidi
• Pedro А. Aquino, Jr.
• Vladimir Litvinenko
• Alexander Novak
• Maxim Oreshkin
• Aleksandr Uss

Management board[edit]

Members of the management board:^[82]

• Igor Sechin – CEO, Chairman
• Yuri Kalinin – Deputy Chairman, Vice President
• Eric M. Liron – First Vice President
• Gennady Bukaev – Vice President, Head of Internal Audit
• Didier Casimiro – Vice President for Refining, Petrochemical, Commerce, and Logistics
• Peter Lazarev – Financial director
• Yury Narushevich – Vice President for Internal Services
• Zeljko Runje – Vice President for Offshore Projects
• Yuri Kurilin – Vice President, Chief of Staff
• Andrey Shishkin – Vice President for Energy, Localization, and Innovation
• Vlada Rusakova – Vice President

[edit]

In 2011, according to Rosneft, the company had donated $422 million to charity, 4 times than the previous year, becoming the leading Russian company devoted to philanthropy that year. At the same time, the composition of the beneficiaries were not disclosed as it was known that the oil company had previously committed to pay $180 million for the right to be the general sponsor of the 2014 Winter Olympics in Sochi.^[83]

Since 2012, Rosneft, along with Gazprom, is the title sponsor of the association football team FC Tom Tomsk based in Tomsk.^[84]

Rosneft has been ranked as among the 13th best of 92 oil, gas, and mining companies on indigenous rights and resource extraction in the Arctic.^[85]

Controversies[edit]

Violations of anti-monopoly legislation[edit]

In October 2009, the Federal Antimonopoly Service (FAS) imposed on Rosneft a record fine of ₽5.3 billion ($175M) for violating anti-monopoly legislation. The fine was imposed for the abuse of power in the petroleum market recorded in the first half of 2009, which was expressed in the «seizure of goods from circulation, which led to higher prices in the wholesale segment of the oil products market, creating discriminatory conditions for the sale of oil products to individual counter-parties.» As FAS has calculated, these actions led to an increase in prices in the wholesale markets of motor gasoline, diesel fuel, and aviation kerosene in the first half of 2009.^[86]

Western claims from Yukos Capital[edit]

On August 9 2010, a former subsidiary of Yukos, Yukos Capital Sarl of Luxembourg, was seeking to have Rosneft repay the debts of companies that previously belonged to Yukos. After the seizure of Rosneft’s assets in the United Kingdom and the denial of an appeal by the Supreme Court of the Netherlands, Rosneft said that Yukos Capital paid Yuganskneftegaz its debt of ₽12.9 billion ($426M).^[87]

On 16 August 2010, Yukos Capital appealed to the Federal Arbitration Court of the West Siberian District with a cassation appeal against the decision of the Arbitration Court of Tomsk Oblast to refuse reclaiming from Tomskneft, a Rosneft subsidiary, more than ₽7 billion ($231M) under loan agreements. Previously, Yukos Capital applied to international arbitration under the International Chamber of Commerce, and it obliged Tomskneft to pay ₽7,254.2 million ($239M), $275,200, and £52,960, with an interest rate of 9% per annum for the amount of ₽4,350 million ($144M), starting from 12 February 2009 until the day of payment of the debt. The Russian court had to bring the court’s decision to Russian territory. However, the Arbitration Court of Tomsk Oblast, having considered the claim, ruled to refuse Yukos Capital in debt collection.^[88]

Ulyukayev lawsuit[edit]

On December 15 2017, a Moscow court sentenced Alexei Ulyukayev, a former Russian economy minister to paying ₽130M ($2.2M) and eight years in a penal colony for bribery and corruption.^[89] The case was widely seen as Rosneft CEO Sechin’s revenge for Ulyukayev opposing Rosneft’s takeover of Bashneft, another oil company.^[90] The 61-year-old claimed that Sechin had lured him to Rosneft’s offices, where he was subsequently caught red-handed by the authorities with a bag of bribe money.^[91] According to investigators, Ulyukayev, who was still economy minister at the time of his arrest, had taken the $2M bribe in exchange for permitting Rosneft’s acquisition of a stake in Bashneft. Ulyukayev retorted that the «fabricated» accusations of bribery were «based solely on Sechin’s claims,» and that the whole exchange had been engineered by the Russian Federal Security Service, the successor of the KGB.

Ulyukayev was seen as an economic liberal, Igor Sechin is viewed as a hawk, who supports greater state control over the economy. Ulyukayev, while influential, was not part of President Putin’s inner circle.^[89]

Oil spills[edit]

The Russian branch of Greenpeace called Rosneft the dirtiest oil company in the world. In 2011, according to a survey conducted by the Federal Service for Supervision in the Sphere of Nature Management (Rosprirodnadzor) in Khanty-Mansi Autonomous Okrug, Rosneft allowed 2,727 oil spills, which is 75% of the total number of spills that occurs under the company.^[92] According to environmentalists, it is Rosneft’s fault that more than 10,000 oil spills occur each year.^[93][94] The Hydrometeorological Centre of Russia has estimated that 4.5m tonnes of oil are spilled on the Russian mainland every year, that’s seven times the BP Deepwater Horizon spill in the Gulf of Mexico in 2010.^[95] Often blamed is Rosneft’s ageing infrastructure, so is the lack of government oversight.^[94][95] As a result of the environmental contamination, people have observed black water coming out of their taps, cattle has been stricken with tuberculosis, and fish have been found deformed.

Fracking[edit]

In the first half of the 2000s, Sergei Bogdanchikov, then president of Rosneft, along with some journalists and experts, criticized Yukos and Sibneft for their use of hydraulic fracturing.^[96] However, in early November 2006, a number of journalists pointed out that the Priobskoye oil field of which it is owned by RN-Yuganskneftegaz, a subsidiary of Rosneft acquired from Yukos, produced the largest oil fracture in Russia with specialists of Newco Well Service. The operation was conducted for seven hours and was broadcast live via the Internet to the office of Yuganskneftegaz.^[97] In 2007, the company planned to perform hydraulic fracturing of the formation at 440 wells. From 2009 to 2010, Rosneft remains one of the largest customers of the oilfield services company Schlumberger, which specializes in hydraulic fracturing.^[98]

Sanctions[edit]

On 20 March 2014, the United States government sanctioned Rosneft CEO Igor Sechin in response to the Russian government’s role in the ongoing unrest in Ukraine. The sanctions include a travel ban to the United States, freezing of all assets of Sechin in the United States and a ban on business transactions between American citizens and corporations and Sechin and businesses he owns.^[99][100] On February 24 2022, his son Ivan Sechin was also sanctioned by the U.S.^[101] On February 28 2022, Igor Sechin was subjected to travel restrictions and had his assets frozen by the EU.^[102]

Rosneft and many of its subsidiaries have been sanctioned in the past and appear on the Sectoral Sanctions Identification (SSI) List.^[103] Rosneft was added to the SSI on July 16 2014,^[104] and was sanctioned by the EU on September 8 2014.^[105]

On February 18, 2020, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) added Rosneft Trading S.A., a Swiss subsidiary of Rosneft, and its president Didier Casimiro to the Specially Designated Nationals (“SDN”) list.^[106]

Transparency[edit]

As of 1 May 2014, the heads of Russian state corporations would provide information about their incomes and property to the Russian government to correspond to the presidential decree Anti-Corruption Issues, which was published on 8 July 2013. According to the ruling, websites of the companies should show the personal information of their top managers such as income, property, spouses, and children. However, Rosneft refused to publish its information of top managers, citing that it is only applicable to «state companies (corporations) and other organizations created by federal laws,» to which it does not believe itself to be. However, this did not prevent the company from providing information regarding the incomes and property of Rosneft’s top managers and their relatives to «competent authorities» in the prescribed «time and amount». According to the director of the Russian branch of Transparency International, Elena Panfilova, improvement of such legislation is necessary so that state corporations can unequivocally interpret the norm on the publication of personal information. In July, the Russian government announced that information of the income of top management of companies listed in Government Decree No. 613 July 22, 2013 which includes Rosneft, «are subject to placement in the information and telecommunications network ‘Internet’ on the official websites of these organizations.»^[107]

See also[edit]

• List of countries by oil exports
• List of countries by oil production
• List of countries by natural gas exports
• List of companies of Russia
• List of oil exploration and production companies
• Petroleum industry in Russia

References[edit]

Further reading[edit]

• Stuart D. Goldman (2006) CRS Report for Congress
• Bernard A. Gelb (2006) Russian Oil and Gas Challenges
• Energy Information Administration (EIA). Russia Country Analysis Brief,
• TNK-BP. Kovykta Project Viewed 28 December 2005
• Mevlut Katik (2003)Blue Stream’s Pipeline’s Future in Doubt Amid Russian Turkish Pricing Dispute
• Yukos Receives Bill for Nearly $1 billion in Back Taxes October 2004
• Gazprom to acquire Yuganskneftegaz buyer December 2004
• Rosnef Magazine 2006
• Shamil Yenikeyeff (2011) «BP, Russian billionaires, and the Kremlin: a Power Triangle that never was»

External links[edit]

• Official website (in Russian and English)
• Rosneft Oil production, refining, reserves and capex by division, segment and period (Grmike, wikinvest) Archived 1 October 2017 at the Wayback Machine
• Yahoo! – OAO Rosneft Oil Company Company Profile (in English)
• Rosneft Oil analytics information (in Russian)
• Rosneft ecosystem in Russia (2013)

Состоялось годовое общее собрание акционеров «Роснефти», в ходе которого был избран новый состав совета директоров, в него вошли 11 человек, включая 3 новых участников, сообщила пресс-служба компании.

Были переизбраны главный исполнительный директор компании Игорь Сечин, президент по научным разработкам Qatar Foundation Файзал Алсуваиди, представитель катарского фонда QIA Хамад Рашид Аль Моханнади, вице-премьер РФ Александр Новак, помощник президента РФ Максим Орешкин, председатель правления «Газпромбанка» Андрей Акимов, директор Московской школы экономики МГУ Александр Некипелов, а также глава компании Oil & Petroleum International Resources Педро Акино.

Новыми членами стали избранный председателем совета директоров «Роснефти» Мухаммед Бин Салех Аль-Сада, который является председателем попечительского совета Университета науки и технологий Дохи, Говинд Коттис Сатиш — управляющий директор индийской компании ValPro, а также Виктор Мартынов — ректор РГУ нефти и газа имени И.М. Губкина.

Мухаммед Бин Салех Аль-Сада имеет 40-летний опыт работы в энергетическом секторе. На протяжении 7 лет был министром энергетики Катара и в этом качестве принимал активное участие в формировании альянса ОПЕК+.

Говинд Коттис Сатиш почти 40 лет работал в Indian Oil, внеся ощутимый вклад в развитие одной из крупнейших нефтегазовых компаний Индии.

Виктор Мартынов более 15 лет возглавляет один из ведущих отраслевых университетов, является автором более 100 научных и методических работ.

По словам доцента Финансового университета при правительстве РФ Леонида Крутаков, новые члены совета директоров «Роснефти» — авторитетные специалисты с большим опытом работы в нефтегазовой отрасли.

«Эти назначения свидетельствуют о том, что даже вопреки колоссальному санкционному давлению и наложенным ограничениям «Роснефть» продолжает оставаться глобальным мейджором и несомненным авторитетом на мировом рынке», — считает Крутаков.

Ранее сообщалось, что дивидендные выплаты акционерам «Роснефти» по итогам 2022 года составят более 38 руб. на акцию