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Lukoil is the second largest company in Russia after Gazprom, and the country's largest non-state enterprise in terms of revenue, with ₽ 4,744 billion in 2018. [5] [6] In the 2020 Forbes Global 2000, Lukoil was ranked as the 99th-largest public company in the world. Internationally, it is one of the largest global producers of crude oil.
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]
Russian crude oil production (red) and crude oil exports (black). The Petroleum or oil industry in Russia is one of the largest in the world. Russia has the largest reserves and was the largest exporter of natural gas. [1] It has the sixth largest oil reserves, and is one of the largest producers of oil. [2]
Australia, Britain, Canada and the United States have imposed outright bans on Russian oil purchases following Moscow's invasion of Ukraine, but members of the European Union are split.
REPSOL. The Spanish company has stopped buying Russian crude oil in the spot market. SHELL. The world's largest petroleum trader has stopped buying Russian crude and on April 27 said it would no ...
The Gazprom name is a contraction of the Russian words gazovaya promyshlennost ( газовая промышленность, gas industry). In January 2022, Gazprom displaced Sberbank from the first place in the list of the largest companies in Russia by market capitalization. [8]
When engineers at Russian oil firm Lukoil discovered a turbine had broken at their largest refinery on January 4, they quickly realised the problem was far from trivial. There was only one company ...
Total revenue of oil and gas companies is listed in billions of U.S. dollars. Total revenue is usually self-reported by the company, and often reported by neutral, unbiased, reliable publications. Reported data may be subsequently revised or restated due to a wide range of issues such as exchange rates, contract settlements, or mid-year ...