November 29, 2014 12:24 AM ET

Oil, Gas and Consumable Fuels

Company Overview of OAO RussNeft

Company Overview

OAO RussNeft is engaged in the exploration, production, marketing, and transportation of oil and gas. It has gas projects in Volga, Urals, and Western and Central Siberian regions. The company was founded in 2002 and is based in Moscow, Russian Federation with operations in the Russian Federation, Belarus, Azerbaijan, and Mauritania.

69, Pyatnitskaya Street

Moscow,  115054


Founded in 2002


7 495 411 6309


7 495 411 6325

Key Executives for OAO RussNeft

Senior Vice-President of Economics & Finance and Director
Age: 49
Senior Vice President of Commerce Matters and Director
Age: 63
Senior Vice-President of Production and Geology
Age: 44
Vice-President of Corporate Relations and Director
Age: 51
Compensation as of Fiscal Year 2014.

OAO RussNeft Key Developments

OAO RussNeft, Special/Extraordinary Shareholders Meeting, Oct 13, 2014

OAO RussNeft, Special/Extraordinary Shareholders Meeting, Oct 13, 2014. Agenda: To consider the approval of interested-party deals which may be closed in the course of the company's day-to-day operations.

OAO RussNeft, Annual General Meeting, Jun 27, 2014

OAO RussNeft, Annual General Meeting, Jun 27, 2014. Agenda: To consider approval of the annual report for 2013; to consider approval of the annual financial statement, including profit and loss statement, for 2013; to consider distribution of profit and loss of the company for 2013; to consider election of the board of directors; to consider election of the Revision Commission; to consider appointment of an auditor; and to consider approval of interested-party deals with the subsidiaries which may be closed in the course of the company's day-to-day operations.

RussNeft And Neftisa Nears Merger

Mikhail Gutseriev, Founder of OAO RussNeft and OJSC NK Neftisa said, "We plan to complete the merger in the middle of 2015." Glencore Plc (LSE:GLEN) may get an estimate 20% in OAO RussNeft (merged entity) and the remaining shares would be owned by Mikhail Gutseriev. The shares of OAO RussNeft might be listed on the London and Hong Kong stock exchanges.

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