Rosneft is the leader of the Russian oil industry and the largest publicly traded oil company in the world*. The Company's core activities include hydrocarbon prospecting and exploration, production of oil, gas and gas condensate, implementation of offshore field development projects, refining, sales of oil, gas and refined products in Russia and abroad.
The Company is included in the list of Russia's strategic enterprises. Its main shareholder (40.4% of shares) is ROSNEFTEGAZ JSC, 100% state-owned, 19.75% belongs to BP Russian Investments Limited, 18.46% to QH Oil Investments LLC, and one share belongs to the state represented by the Federal Agency for State Property Management (see Section Structure of Shareholder Capital).
The Company's main goals and objectives are to replenish reserves by at least 100%, efficiently produce from mature fields and increase production through new projects in Eastern Russia, develop hard-to-recover oil reserves, increase gas production supported by a highly efficient long-term sales portfolio, and increase margins along the entire value chain.
The Company's mission is to effectively realize its energy potential through projects in Russia and abroad, to ensure energy security and to treat natural resources with care.