Rosneft is the leader of Russia’s petroleum industry, and ranks among the world’s top publicly traded oil and gas companies. The Company is primarily engaged in exploration and production of hydrocarbons, production of petroleum products and petrochemicals, and marketing of outputs. Rosneft has been included in the Russian Government’s List of Strategic Enterprises and Organizations. The state holds 75.16% in the Company (through OJSC ROSNEFTEGAZ), while approximately 15% of shares are in free-float (see shareholder structure).
Rosneft is widely engaged in exploration and production across all key hydrocarbon regions of Russia: Western Siberia, Southern and Central Russia, Timan-Pechora, Eastern Siberia and the Far East. In addition, the Company participates in several exploration projects in Kazakhstan and Algeria. Rosneft’s seven major refineries have convenient locations throughout the country, from the Black Sea coast to the Far East, and the Company’s retail network covers 41 regions of the Russian Federation. Rosneft also owns 50% of Ruhr Oel GmbH which holds stakes in four refineries in Germany.
Unlike many of its competitors, Rosneft has a vast and high-quality reserve base, with total proved hydrocarbon reserves of 22.8 bln barrels of oil equivalent — among the best indicators for a global publicly traded oil and gas company. Moreover, Rosneft is second-to-none on an international scale in terms of total proved liquid hydrocarbon reserves. The Company’s proved reserve-to-production ratio is 25 years. Rosneft operates mainly conventional reserves, so the Company is well-placed for efficient increase in hydrocarbon production. In addition, Rosneft has access to 12.5 bln barrels of oil equivalent of probable reserves and to 10.5 bln barrels of oil equivalent of possible reserves, which will become the main source of proved reserve extension in the future.
Rosneft is focused on expanding its resource base through intensive exploration and new acquisitions in order to secure sustainable production growth in the long term. Reserve replacement has averaged 150% in the last five years, not including acquisitions, which is among the highest indicators in the sector. Rosneft’s major exploration projects are located in Russia’s most promising oil & gas regions, such as Eastern Siberia, the shelf of Russia’s Black, Caspian and Azov seas, and the Russian Far East. As a result, the Company has access to 50.5 bln barrels of oil equivalent in prospective recoverable resources. In 2010 the Company acquired several blocks on Russia’s Arctic shelf, which is one of the most promising oil & gas regions in the world. www.rosneft.com
Alfa-Bank has always supported charities, Russian culture, the creation and development of programs for young talent.
The Bank is a member of the Corporate Club of WWF Russia (World Wildlife Fund) and a contributor to the Russian charity «Life Line» which aims to help critically ill children. It has also founded the Alfa Chance Program to support talented young people from Russia’s regions.
Alfa-Bank’s support for Russian national art is one of our proudest achievements. It is an honor for the Bank to collaborate with the Russian Museum (St Petersburg), Pushkin Museum of Fine Arts (Moscow), and Solomon R. Guggenheim Museum (New York) in organizing art exhibitions in Russia and abroad.
Alfa-Bank regularly provides financial support to Russian classical musicians, ballet dancers and opera soloists -both well- known and new talents- to perform in Russia’s regions and on the most famous European stages. The bank has supported appearances by world-famous classical and pop artists in post-Soviet Russia, such as Bejart Baller Lausanne, Rome’s Teatro dell’Opera.
The Alfa Fellowship Program is an initiative of Alfa-Bank designed to provide direct, hands-on work experience in Russia for young professional from the United States and the United Kingdom.
Corporate responsibility has always been a key component in Alfa-bank’s social policy. Our employees across the country are passionate and committed individuals striding to build a civil society. The following occasions have been supported by Alfa-bank through numerous donations, administrative and financial support: children’s day, knowledge day, fatherland defenders day, «Elbe day».
Throughout its history, Alfa-Bank has considered its reputation its most valuable asses. For this reason it was one of the first Russian companies to publish a Social report.
The fulfillment of the bank’s social policy is under personal leadership of Mikhail Fridman, Chairman of the Supervisory Board of Alfa Group Consortium, and Chairman of the Board of Directors of Alfa- Bank. Under his guidance, exciting new social policies have been adopted in all companies of the Consortium. www.alfabank.com