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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.
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]
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]
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 ...
WEPEC Dalain Refinery, 200,000 bbl/day. Sinopec Jinan Company, 21,000 bbl/day. Sinopec Qilu Company Refinery, 195,000 bbl/day. Sinopec Shanghai Gaoqiao Oil Refinery, 220,000 bbl/day. Sinopec Tianjin Company Refinery, 100,000 bbl/day. China National Petroleum Corporation ( PetroChina) Dushanzi Refinery, 120,000 bbl/day.
The World Bank estimates the total value of Russia's natural resources at US$75 trillion. Russia relies on energy revenues to drive most of its growth. Russia has an abundance of petroleum, natural gas and precious metals, which make up a major share of Russia's exports. As of 2012 the oil-and-gas sector accounted for 16% of the GDP, 52% of ...
This list is partially sourced from the S&P Global Commodity Insights Top 250 Global Energy Company Rankings for 2022. The S&P Global list is restricted to publicly traded companies, and only integrated oil and gas, oil and gas exploration and production, oil and gas refining and marketing, and oil and gas storage and transportation companies ...