Search results
Rosneft has acquired Bashneft for 329.7bn roubles ($5.2bn), cementing the dominance of the state oil group and Igor Sechin, its chief executive, over the Russian oil sector.
Oct 20, 2020 · Russian regional oil producer Bashneft has become a victim of Rosneft's drive to optimise output by removing high-cost barrels from its portfolio in order to comply with the country's quota...
Mar 12, 2012 · Although not large by Russian oil standards, Bashneft has some juicy assets to tempt international oil majors scouring the world for new reserves. And it’s not state-controlled.
The Russian state oil giant said it had sent an offer to Bashneft to buy out minority shareholders in the company, Russia’s sixth-largest oil producer by output, as is mandated by Russian law.
Oct 8, 2016 · The Russian government has directed the Rosneft state oil company to acquire a majority stake in the Bashneft regional oil firm, calling into question whether the sale amounts to a...
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.
People also ask
Is Bashneft a state-controlled oil company?
Does Rosneft own Bashneft?
Who owns Bashneft?
Will ONGC buy Bashneft?
Oct 28, 2016 · State-controlled Rosneft paid 330 billion roubles (£4.32 billion) for a 50.1 percent stake in Bashneft, higher than other bidders offered, including privately-owned oil company Lukoil...
