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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. The sale of...
Russia’s government has approved the purchase by Rosneft of a controlling stake in Bashneft, the country’s sixth-largest oil company, cementing the dominance of the state oil group and Igor...
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Oct 5, 2016 · The second — which experts consider more likely — would simplify the process: the state-controlled oil conglomerate Rosneft would purchase the 50.8 percent controlling stake in the company...
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). Internationally, it is one of the largest oil companies, ranking 24 in terms of revenue.
- 1993; 30 years ago
- Moscow, Russia
- 334,600 (2019)
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.
Oct 20, 2016 · Oct 20th 2016|MOSCOW. WHEN Russia’s government floated the idea that its supposedly ambitious privatisation plans should include selling Bashneft, a state-controlled oil firm, to Rosneft,...
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 (LKOH.MM).
