About the Company

PJSC “RussNeft” ranks among the top-10 largest oil companies by crude oil production in Russia

About the Company

No. 6

Russian Top 10

> 6,4 mln tons

Oil production output

> 628 mln tons

Reserves

7,000

Employees

Management

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Tolochek Evgeniy Viktorovich

President

The ability to mobilize and creative spirit - these qualities help the Company's employees to overcome all obstacles and achieve success.

Company history

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2022 Story of Success 2:0

Intensive widening of business horizons
Resilience to adverse external factors
Scaling up best management practices

2021 Dynamic acceleration

Scaling of the best management practices
Implementation of anti-crisis measures
The rapid growth of financial indicators in the context of production growth within the OPEC+ quota

2020 Socio: logical

Success in social sustainability in a period of extraordinary pressure from external negative factors
Scaling anti-crisis measures across the entire vertical of management

2019 Sustainability as a Leadership Multiplier

Scaling green technologies in production processes
Leadership in the share of profitable reserves

2018 Growth Optimization

A significant increase in the resource base, the introduction of new technologies, cost optimization

2017 Included in Stock Indexes

Since September 22, 2017 RussNeft securities have been included in the MICEX Index, RTS Index, Broad Market Equity Index and Oil and Gas Index of the Moscow Exchange

2016 IPO on the Moscow Exchange

RussNeft's securities were included in the First Quotation List
The placement price was 550 rubles per share
Demand exceeded supply by more than 30%
Significant activity was shown by individuals who submitted more than 2,000 applications
This is the first IPO of an oil company in Russia since 2006
15% of the authorized capital of the Company is in free float

2016 – 2013 Asset Portfolio Optimization

Significant reduction in debt burden
Glencore's debt-to-equity conversion resulting in a 25% stake in Glencore
Successful implementation of the gas program (APG utilization reaches 95%)
The current business model of RussNeft implies a focus on the upstream segment

2012 – 2010 Resumption of Expansion

Growth of the investment program (by 60% compared to 2009)
Additional exploration of reserves
Further growth in hydrocarbon production

2009 – 2008 Anti-crisis Program

Cost reduction and stabilization of production costs
Further increase in the resource base (about 20 million tons)
Growth in retail sales of petroleum products (about 11%)

2007 – 2006 Organic Development

Significant increase in drilling volumes
Further growth of the resource base
Stabilization of production volume and growth of oil refining volumes
Active implementation of a well intervention complex at mature assets in the Volga region

2005 – 2002 Extensive Growth

Successful formation of the resource base (growth by 70% over 3 years)
RussNeft is one of the top 10 Russian oil and gas companies in terms of hydrocarbon production
Beginning of partnership with Glencore (including shareholding in RussNeft's subsidiaries)

Internal Corporate Programs

Gold Pool of Human Resources

Educational programs

A joint educational project with Gubkin University

Programs of career growth stimulation

Human Resources Policy

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Vacancies

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