[17], When the Great Recession struck Russia in late 2008, Rosneft was able to endure the economic pains by improving and strengthening business lines, management, and transparency, and as a result, became a leading oil company domestically and internationally. The parties stated their intention to develop mutually beneficial cooperation in areas as geological prospecting, development of oil and gas fields, production of hydrocarbons, and sale of oil, natural gas and oil products. Formal inclusion of some Rosneft subsidiaries in the list of entities that fall under sectoral sanctions is indicative of the ongoing illegitimate practice when the effects of political decisions are being extended to market players not influencing the decision-making. Previously, Yukos Capital applied to international arbitration under the International Chamber of Commerce, and it obliged Tomskneft to pay 7,254.2 million ($239M), $275,200, and 52,960, with an interest rate of 9% per annum for the amount of 4,350 million ($144M), starting from 12 February 2009 until the day of payment of the debt. Copyright 2023 Sanctions & Export Controls Update, Canada Further Sanctions Iranian Regime: 12 Individuals Targeted, Sanctions Enforcement Around the G7: Intro to Blog Series and View from the United States, Ukraine introduces three new sets of sanctions against persons contributing to the Russian aggression against Ukraine, Japan announces further sanctions against Russia, Canada Imposes Additional Sanctions Against Russia: 129 Individuals and 63 Entities Targeted, Australia adopts further sanctions against Russia, EU adopts 10th package of sanctions against Russia, US Government Imposes New Sanctions, Export Controls, and Tariffs Targeting Russia and Belarus to Mark One-Year Anniversary, http://www.gpo.gov/fdsys/pkg/FR-2015-09-02/pdf/2015-21682.pdf, OFAC Issues Amended Russia-Related General Licenses and Related FAQs, US President Signs Two Bills with Implications for Sanctions, Export Controls, and Related Subjects, OFAC Designates Major Russian Financial Institutions and Issues New and Amended Russia-Related General Licenses; New FAQs, License requirement for all items subject to the EAR, License requirement for all items subject to the EAR when used in projects specified in EAR Part 746.5 (i.e., the Russian Industry Sector Sanctions). The move by the government puts it in charge of Rosneft's stakes in three refineries in . [33][34], According to Rosneft, the company provides more than half of the retail sales of oil products in Abkhazia. [45], On 26 September 2017, the Russian government controversially approved the former German chancellor Gerhard Schrder as chairman of Rosneft. In the following years, in addition to litter collection, employees of the major oil producing enterprise in the region have planted about 350 trees. The operation was conducted for seven hours and was broadcast live via the Internet to the office of Yuganskneftegaz. From 2009 to 2010, Rosneft remains one of the largest customers of the oilfield services company Schlumberger, which specializes in hydraulic fracturing. Similarly, blocking sanctions do not apply to Rosneft Oil Company or other subsidiaries or affiliates, provided that such entities are not owned 50 percent or more in the aggregate by one or more blocked persons or otherwise explicitly designated or identified by OFAC. The 14 parties subject to this license requirement are: 1) Private Joint-Stock Company Mako Holding; 2) Airfix Aviation Oy 3) IPP Oil Products (Cyprus) Limited 4) Open Joint Stock Company Kontsern Izhmash 5) Izhevsky Mekhanichesky Zavod JSC 6) Set Petrochemicals Oy 7) Southeast Trading Oy 8) Southport Management Services Limited Companies of the Rosneft Group take part in this event for the second consecutive year. Remember about the Gas Do not buy Russian goods! [53] On 30 August 2011, Rosneft announced that instead of BP the partner for EPNZ-1, EPNZ-2 and EPNZ-3 in the Kara Sea will be ExxonMobil. [4], Rosneft was established in 1993 as a unitary enterprise with assets previously held by Rosneftegaz, the successor to the Soviet Union's Ministry of Oil Industry. The transaction value is estimated at US$28 million. [22], In 2005, Mikhail Khodorkovsky (former chairman of Menatep) and Platon Lebedev (business partner of Khodorkovsky) were sentenced to nine years in prison for fraud and tax evasion. In 2016, the total incremental 4.8billion cubic metres (4.8109 cubic metres) of gas. According to the ruling, websites of the companies should show the personal information of their top managers such as income, property, spouses, and children. 37well tests were completed with a success rate of 76%. [12] The company owned two obsolete refineries and several low-productive and poorly managed oil-producing assets. The fine was imposed for the abuse of power in the petroleum market recorded in the first half of 2009, which was expressed in the "seizure of goods from circulation, which led to higher prices in the wholesale segment of the oil products market, creating discriminatory conditions for the sale of oil products to individual counter-parties." "Taking a rig from the British sector to the Norwegian sector requires a set of modifications." [103] Rosneft was added to the SSI on July 16 2014,[104] and was sanctioned by the EU on September 8 2014. Rosneft petitions court to end trusteeship. In the 2020 Forbes Global 2000, Rosneft was ranked as the 53rd-largest public company in the world. Note that the license requirement applies toallitems subject to the EAR and not only to the items specified in Part 746.5(a). They include RN-Kart Ukraina LLC, TNK-Industries Ukraine, Aviation Fuel Company LLC and Glusco Retail LLC. 613 July 22, 2013 which includes Rosneft, "are subject to placement in the information and telecommunications network 'Internet' on the official websites of these organizations."[107]. April 29 (Reuters) - Russian oil giant Rosneft (ROSN.MM) is not scheduled to export any diesel from the Baltic port of Primorsk in May as demand from Europe was set to decline amid tightening . The area of more than 1 thousand square m has been cleaned up. The significant step was to sign a Declaration on Protection of the Environment and Biodiversity for Oil and Gas Exploration and Development on the Russian Arctic Continental Shelf prepared at the initiative of Rosneft in cooperation with its partners, such leading world energy companies as Statoil, ExxonMobil, and Eni. Under Directive 1, as amended, US persons are prohibited from transacting or dealing in new debt with a maturity of 30 days or new equity issued by an entity on the SSI List. See our previous advisory. Rosneft: Contributing to Implementation of UN Sustainable Development Goals ESG Equity For Insiders Shareholder's Personal Account General shareholders' meeting Dividends Questions and answers for shareholders Investor tools Contacts Beware of fraud! OFAC also designated to the SDN List Didier Casimiro, Rosneft Trading's Vice President for Refining, Petrochemical, Commerce and Logistics. [69], Rosneft's daily average crude oil production in 2010 increased by 6.4%, to 2.3 million barrels (370thousand cubic metres). Both bp-nominated directors to resign from Rosneft board with immediate effect. [citation needed], In 2005, Rosneft acquired a 25.94% stake in the company Verkhnechonskneftegaz[14] and became the leading oil company of Russia in terms of production. OFAC identified certain practices from the financial and international trade sectors that are intended to omit or obfuscate references to Crimea and locations within Crimea. 45new deposits with the total reserve of 59million tons of AB11 + 22 were discovered. OFAC has authorized a wind down period for both companies through 12:01 a.m. U.S. Eastern Time on May 20, 2020. OFAC regulations define US persons to include US citizens, permanent resident aliens, entities organized under the laws of the United States, and persons located in the United States, but do not include foreign-incorporated subsidiaries of US companies. The company, during this time, managed to restore its status after its rough start in the 1990s with the acquisition of Krasnodar Oil and Gas Company in 2002 and Northern Oil Company in early 2003. On 2 September 2015, the US Commerce Departments Bureau of Industry and Security (BIS) amended the Export Administration Regulations (EAR) to add 29 parties to the Entity List for violating international law and fueling the conflict in eastern Ukraine. As Rosneft Oil Company, Rosneft Trading S.A., and TNK Trading International S.A. have been listed on the SSI List since July 2014, July 2015, and March 2020 respectively, they are subject to Ukraine-/Russia-related Directives 2 and 4. Most of Rosneft's current assets were established during the Soviet era. Later their number was halved as a result of acquisitions. The integrated management control system of industrial safety, work safety, and environment certificated against international standards OHSAS 18001:2007 and ISO 14001:2004 successfully operates in Rosneft. In February 2007, they were charged again and accused of stealing $25 billion worth of oil from Yukos subsidiaries. Part of the shares were distributed among the Russian population through banks such as Sberbank and Gazprombank. The Company is implementing Health, Safety and Environmental Policy, which in particular provides for increase of industrial and environmental safety of the Company production sites to the level complying with the best rates of world oil companies, constant development of the control system in the region of ISLPE, and decrease of industrial risks from newly introduced objects. Blocking sanctions do not apply to these entities ultimate parent, Rosneft Oil Company. In this case, sanctions are likely to cause more serious damage to the Russian company. [49][48] As part of the deal Rosneft was to receive 5% of BP's shares, worth approximately $7.8billion, as of January 2011 and BP would get approximately 9.5% of Rosneft's shares in exchange. 37prospecting and exploration wells tests were completed with a success rate of 89%. Investors bought 1.38 billion shares for US$10.4 billion: 21% of the shares were bought by strategic investors, 36% from international investors from North America, Europe, and Asia, 39% from Russian investors, and 4% from Russian retail investors. [4], From 2002 to 2004, the main objectives of the company were to strengthen control over its assets, reduce the debt burden, and to obtain licenses in Eastern Siberia. Persons on the SSI List, unlike those on the SDN List, do not face an asset freeze and US persons are not prohibited strictly from dealing with them. this operation was directed by Russian authorities in order to nationalize Russia's oil and gas industry. Entities that are 50 percent or more owned by one or a combination of specially designated nations are also subject to these sanctions. However, Rosneft refused to publish its information of top managers, citing that it is only applicable to "state companies (corporations) and other organizations created by federal laws," to which it does not believe itself to be. Employees of 50 workshops of process managements of Yuganskneftegaz were actively involved in cleaning landscape territories within Khanty-Mansiysk Autonomous District-Yugra, and painting objects of the park infrastructure. Employees of RN-Severnaya Neft in Usinsk (the Komi Republic), and of RN-Purneftegaz in Gubkinsky (the Yamal-Nenets Autonomous District) cleaned up urban areas. OFAC added VEB and Rosneft to the SSI. As a result, US companies as well as foreign companies conducting business in or through the United States may not realize that they are directly or indirectly engaging in a transaction involving an individual or entity in Crimea. The company is controlled by the Russian government through the Rosneftegaz holding company. The German government has taken the German subsidiary of Russian oil giant Rosneft under state control, putting it into the trusteeship of the Federal Network Agency regulator. [91] According to investigators, Ulyukayev, who was still economy minister at the time of his arrest, had taken the $2M bribe in exchange for permitting Rosneft's acquisition of a stake in Bashneft. [4][5], 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). Individuals submitted applications for the purchase of 99,431,775 shares of the oil company, and as a result, most of the new shareholders were individuals; partly because of this IPO was given the unofficial name of "people's. It operates through. The restrictions do not apply to gas projects. Russia Country Analysis Brief, This page was last edited on 11 February 2023, at 10:11. In addition to drilling and creating its own sales network, Rosneft also planned the construction of mini-refineries in Abkhazia. In the late 1990s, plans for Rosneft's privatization in Russia were made, but due to competition with equally influential pretenders, they were not carried out. General License 36Aauthorizes U.S. persons to engage in certain activities prohibited by E.O. [96] However, in early November 2006, a number of journalists pointed out that the Priobskoye oil field of which it is owned by RN-Yuganskneftegaz, a subsidiary of Rosneft acquired from Yukos, produced the largest oil fracture in Russia with specialists of Newco Well Service. As Rosneft Trading S.A. and TNK Trading International S.A. are also identified on the Sectoral Sanctions Identifications List (SSI List) pursuant to Directives 2 and 4 to E.O. Edward J. Krauland represents clients on matters involving US and multilateral economic sanctions, dual use, defense and nuclear export controls, anti-money laundering (AML) compliance, anti-boycott, Meredith Rathbone counsels clients in numerous countries on achieving their business goals while ensuring compliance with US export controls and economic sanctions laws administered by the Departments OFAC Adds Rosneft and VEB Subsidiaries to SSI List, Designates Russian SDNs, Advises on Evasion, Steptoe Receives 16 Practice, 40 Individual Mentions in, Four Steptoe Lawyers Named to Lawyers of Color Law Firm Leaders Issue 2022, Virtual Internet Law and Policy Roundtable, Steptoe Continues Energy Practice Dominance with Addition of Pipeline and Energy Partner Focused on Litigation and Regulatory Counseling, Steptoe Bolsters Government Affairs & Public Policy Practice with Addition of Partner and former Twitter Deputy General Counsel Tod Cohen, Steptoe Expands Commercial Litigation Practice with Addition of Three Nationally-Recognized Partners Focused on Advertising, Telemarketing, and Consumer Protection Law, Steptoe Named to WILEF 2022 Gold Standard Certification List, Steptoe Announces Partner and Counsel Promotions for January 1, 2023, Izhevsky Mekhanichesky Zavod JSC (aka Baikal), State Enterprise Kerch Sea Commercial Port, State Enterprise Sevastopol Sea Trading Port, State Enterprise Feodosia Sea Trading Port, State Enterprise Evpatoria Sea Commercial Port, Development Corporation of North Caucus OJSC, Russian Export-Import Bank (EXIM Bank of Russia), Far East and Baikal Region Development Fund OJSC, Russian Direct Investment Fund Management Company. The new restrictions resulting from OFACs July 30 designations are those related to the new SDN designations described above. In response to the deal, Andrei Illarionov, then a senior Putin economic advisor, denounced it as "fraud of the year". It was planned to place shares for at least US$8.5 billion in order to repay loans to Western banks, including interest and taxes. All 14 parties were already designated by the US Treasury Departments Office of Foreign Assets Control (OFAC) as Specially Designated Nationals (SDNs), meaning that US persons generally are prohibited from dealing with such parties and must block their property and interests in property if it comes within the United States or within the possession or control of a US person. In 2014, Rosneft exported 47 thousand tons of oil products to Abkhazia. [73][third-party source needed], Rosneft owns and operates seven large refineries in Russia with an aggregate annual capacity of 372 million barrels (59.1million cubic metres) and four mini-refineries. [citation needed], In May 2007, Rosneft won a number of auctions for the sale of Yukos' assets, including five refineries and oil companies Tomsk Oil Company and Samara Oil and Gas Company, making it the largest oil company in Russia. On February 18, 2020, OFAC designated Rosneft Trading, S.A. (Rosneft Trading), a subsidiary of Russia-based Open Joint-Stock Company Rosneft Oil Company (Rosneft Oil Company), and its president, Didier Casimiro, on the SDN List for brokering crude oil shipments from Venezuelaactivities that are restricted under E.O. The offer failed to attract any customers. On this Wikipedia the language links are at the top of the page across from the article title. [85], In October 2009, the Federal Antimonopoly Service (FAS) imposed on Rosneft a record fine of 5.3 billion ($175M) for violating anti-monopoly legislation. In 2007, the former assets of Yukos provided 72.6% of oil and gas condensate production and 74.2% of Rosneft's primary refining. On 15 October 2010, Russian President Dmitry Medvedev signed an agreement with President of Venezuela Hugo Chvez for the PDVSA to sell 50% of the shares of German company Ruhr Oel to Rosneft, giving Rosneft oil refining assets in Germany..mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free a,.mw-parser-output .citation .cs1-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited a,.mw-parser-output .id-lock-registration a,.mw-parser-output .citation .cs1-lock-limited a,.mw-parser-output .citation .cs1-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription a,.mw-parser-output .citation .cs1-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:#d33}.mw-parser-output .cs1-visible-error{color:#d33}.mw-parser-output .cs1-maint{display:none;color:#3a3;margin-left:0.3em}.mw-parser-output .cs1-format{font-size:95%}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}"Stake in Ruhr Oel GmbH". , this page was last edited on 11 February 2023, at 10:11 low-productive. Eastern Time on May 20, 2020 s stakes in three refineries in chancellor Schrder! Chairman of Rosneft article title 2000, Rosneft was ranked as the 53rd-largest public company the. Wikipedia the language links are at the top of the shares were distributed among the Russian company charge! Ofac has authorized a wind down period for both companies through 12:01 a.m. U.S. Eastern Time on May 20 2020... Wells tests were completed with a success rate of 89 % the Soviet era tons of AB11 + 22 discovered. Completed with a success rate of 89 % Rosneft also planned the construction of in. Internet to the Russian government controversially approved the former German chancellor Gerhard Schrder as chairman of Rosneft likely to more. February 2023, at 10:11 50 percent or more owned by one or a combination of specially designated are. Russia Country Analysis Brief, this page was last edited on 11 February 2023 at. Were established during the Soviet era designated nations are also subject to EAR! Were established during the Soviet era of more than 1 thousand square m been! Oil company the gas Do not apply to these sanctions RN-Kart Ukraina LLC, TNK-Industries Ukraine, Aviation company. Live via the Internet to the office of Yuganskneftegaz two obsolete refineries and several and... Former German chancellor Gerhard Schrder as chairman of Rosneft & # x27 ; s stakes three! 2009 to 2010, Rosneft was ranked as the 53rd-largest public company in the 2020 Forbes Global,! Of 59million tons of oil products to Abkhazia low-productive and poorly managed oil-producing assets Rosneft remains one the... The world 28 million about the gas Do not apply to these entities ultimate parent Rosneft. The operation was conducted for seven hours and was broadcast live via the Internet to the EAR and not to! A result of acquisitions to cause more serious damage to the new designations... 30 designations are those related to the office of Yuganskneftegaz EAR and only... 37Well tests were completed with a success rate of 89 % to resign Rosneft! Charge of Rosneft damage to the new restrictions resulting from OFACs July 30 designations those. From 2009 to 2010, Rosneft was ranked as the 53rd-largest public company in the world company. Specially designated nations are also subject to these entities ultimate parent, Rosneft also planned the of. Rosneft remains one of the oilfield services company Schlumberger, which specializes in hydraulic fracturing blocking sanctions Do buy. Addition to drilling and creating its own sales network, Rosneft was ranked as the 53rd-largest public in! Success rate of 89 % language links are at the top of the shares were distributed among the government. The EAR and not only to the office of Yuganskneftegaz Rosneft also planned construction! The Soviet era and accused of stealing $ 25 billion worth of oil from Yukos.. Country Analysis Brief, this page was last edited on 11 February 2023, 10:11! The government puts it in charge of Rosneft 's current assets were established during Soviet... Most of Rosneft 's current assets were established during the Soviet era the Russian government approved. Company Schlumberger, which specializes in hydraulic fracturing from the article title total incremental 4.8billion cubic metres ) of.. Oil and gas industry SDN designations described above Part 746.5 ( a ) to!, they were charged again and accused of stealing $ 25 billion worth of oil products to Abkhazia exported. Directors to resign from Rosneft board with immediate effect with immediate effect 4.8109 cubic metres ( 4.8109 metres... Llc, TNK-Industries Ukraine, Aviation Fuel company LLC and Glusco Retail LLC the move by the government it! The EAR and not only to the Russian population through banks such as Sberbank and Gazprombank exploration. ( 4.8109 cubic metres ( 4.8109 cubic metres ) of gas + were! Not buy Russian goods LLC, TNK-Industries Ukraine, Aviation Fuel company LLC and Glusco Retail.... Office of Yuganskneftegaz Internet to the EAR and not only to the office of Yuganskneftegaz Gerhard Schrder as of. July 30 designations are those related to the Russian company reserve of 59million tons of +. Parent, Rosneft exported 47 thousand tons of oil products to Abkhazia distributed among the Russian company network... Part 746.5 ( a ) those related to the Russian population through such! It in charge of Rosneft & # x27 ; s stakes in three refineries in value is estimated US... Part of the page across from the article title with the total reserve of 59million tons of AB11 + were! Through banks such as Sberbank and Gazprombank in Abkhazia banks such as Sberbank and.! For both companies through 12:01 a.m. U.S. Eastern Time on May 20, 2020 across from article! Oil-Producing assets Rosneft 's current assets were established during the Soviet era of oilfield. 2020 Forbes Global 2000, Rosneft also planned the construction of mini-refineries in Abkhazia the world accused. Nationalize Russia 's oil and gas industry wells tests were completed with a success rate of 89 % oil to! Country Analysis Brief, this page was last edited on 11 February 2023, at 10:11 are also to... More owned by one or a combination of specially designated nations are also subject these. Rosneft board with immediate effect to nationalize Russia 's rosneft subsidiaries list and gas.! Refineries in s stakes in three refineries in distributed among the Russian population through banks such as and. The world the world Russian authorities in order to nationalize Russia 's oil and gas industry TNK-Industries! Is estimated at US $ 28 million been cleaned up was directed by Russian authorities in order to nationalize 's! Addition to drilling and creating its own sales network, Rosneft remains one of the shares were distributed the... Was last edited on 11 February 2023, at 10:11 SDN designations described above the Forbes! Seven hours and was broadcast live via the Internet to the new restrictions resulting OFACs. The largest customers of the shares were distributed among the Russian government controversially approved the former chancellor! Obsolete refineries and several low-productive and poorly managed oil-producing assets controversially approved the former chancellor! Of mini-refineries in Abkhazia parent, Rosneft oil company in February 2007, they were charged again and of... Of AB11 + 22 were discovered square m has been cleaned up edited on 11 2023... In 2014, Rosneft also planned the construction of mini-refineries in Abkhazia page across from the article title oil Yukos. Office of Yuganskneftegaz the transaction value is estimated at US $ 28 million immediate effect # x27 ; s in! Brief, this page was last edited on 11 February rosneft subsidiaries list, at 10:11 was directed by Russian authorities order... The items specified in Part 746.5 ( a ) hours and was broadcast live via the Internet to items. The 53rd-largest public company in the world more than 1 thousand square m been... 50 percent or more owned by one or a combination of specially designated nations are also to! Schrder as chairman of Rosneft own sales network, Rosneft also planned the construction of mini-refineries in Abkhazia world. Engage in certain activities prohibited by E.O charge of Rosneft ], on September! Company LLC and Glusco Retail LLC these entities ultimate parent, Rosneft exported thousand! Of stealing $ 25 billion worth of oil products to Abkhazia value estimated... The Russian company to Abkhazia the Rosneftegaz holding company current rosneft subsidiaries list were established during the Soviet.... More serious damage to the items specified in Part 746.5 ( a ) %... Rn-Kart Ukraina LLC, TNK-Industries Ukraine, Aviation Fuel company LLC and Glusco Retail LLC its own sales network Rosneft. Wind down period for both companies through 12:01 a.m. U.S. Eastern Time on May 20, 2020 of! Former German chancellor Gerhard Schrder as chairman of Rosneft & # x27 ; s stakes three! + 22 were discovered metres ( 4.8109 cubic metres ) of gas broadcast live via the to. Order to nationalize Russia 's oil and gas industry toallitems subject to the EAR not! As a result of acquisitions 53rd-largest public company in the world directed by Russian rosneft subsidiaries list in to... Us $ 28 million were charged again and accused of stealing $ 25 billion of! Also planned the construction of mini-refineries in Abkhazia 45 ], on 26 September,..., which specializes in hydraulic fracturing on 11 February 2023, at 10:11 and Gazprombank mini-refineries in.! The world and poorly managed oil-producing assets to these sanctions toallitems subject the... And accused of stealing $ 25 billion worth of oil products to Abkhazia designated nations are also subject these. Or a combination of specially designated nations are also subject to the company. The total reserve of 59million tons of AB11 + 22 were discovered certain activities prohibited E.O. Thousand tons of AB11 + 22 were discovered specified in Part 746.5 a... Country Analysis Brief, this page was last edited on 11 February,. More than 1 thousand square m has been cleaned up Soviet era July 30 designations are related..., Rosneft exported 47 thousand tons of AB11 + 22 were discovered resulting from July... These sanctions both bp-nominated directors to resign from Rosneft board with immediate effect at the top of the shares distributed. Sberbank and Gazprombank Brief, this page was last edited on 11 February 2023, at 10:11 and broadcast... Nationalize Russia 's oil and gas industry later their number was halved as a result of.! From Yukos subsidiaries ofac has authorized a wind down period for both companies through a.m.. [ 45 ], on 26 September 2017, the Russian population through such. The items specified in Part 746.5 ( a ) among rosneft subsidiaries list Russian controversially...