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1. www.ft.com › content › 4b1b4a90-8bdc-11e6-8aa5-f79fMoscow clears oil giant Rosneft’s move to buy Bashneft

   www.ft.com › content › 4b1b4a90-8bdc-11e6-8aa5-f79f

   Even Vladimir Putin, Russia’s president, said it was probably “not the best option” for Bashneft to be bought by Rosneft, which is 69.5 per cent owned by the state and by far the country’s ...

2. www.ft.com › content › 364bbc76-85df-382f-bd2e-e039Rosneft cements Russian oil dominance with $5.2bn Bashneft deal

   www.ft.com › content › 364bbc76-85df-382f-bd2e-e039

   Rosneft has acquired Bashneft for 329.7bn roubles ($5.2bn), cementing the dominance of the state oil group and Igor Sechin, its chief executive, over the Russian oil sector. The sale of Bashneft ...

3. www.ft.com › content › 6fd1c644-21f8-3b6d-b548-9cRosneft moves forward with Bashneft deal despite bribery ...

   www.ft.com › content › 6fd1c644-21f8-3b6d-b548-9c

   Rosneft pressed on with its acquisition of Bashneft just hours after Russia’s economy minister was detained on allegations of accepting a bribe to support the deal. The Russian state oil giant ...

4. www.rferl.org › a › bashneft-sale-rosneft-provides-5Bashneft Sale To Rosneft Provides $5.2 Billion For Kremlin Budget

   www.rferl.org › a › bashneft-sale-rosneft-provides-5

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   Oct 13, 2016 · Print. Russia's state-run oil firm Rosneft bought a majority stake in Bashneft for $5.2 billion, providing a major cash infusion to fill deficits in the Kremlin's budget. While initially ...

5. interfax.com › newsroom › top-storiesRosneft appoints new head of Bashneft - Interfax

   interfax.com › newsroom › top-stories

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   Jun 20, 2024 · MOSCOW. June 20 (Interfax) - Rosneft has replaced the head of Bashneft , giving the position to Vladimir Chernov on June 19 instead of Andrey Lazeev, the Unified State Register of Legal Entities shows. Lazeev has led Bashneft since May 2022. He has been at Rosneft for over ten years, holding the positions of vice president and chief geologist ...

6. ca.finance.yahoo.com › news › putin-says-rosneft-buyPutin says Rosneft buy of Bashneft gives impetus to privatization

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   Oct 12, 2016 · By Oksana Kobzeva and Darya Korsunskaya MOSCOW (Reuters) - The Russian government's sale of a controlling stake in mid-sized oil firm Bashneft to the country's largest oil producer Rosneft should give momentum to Russia's privatization drive, President Vladimir Putin said on Wednesday. The Economy Ministry said that the government had completed the sale of the Bashneft stake to Kremlin-owned ...

7. People also ask

   What is Rosneft doing with Bashneft?

   • Rosneft cements Russian oil dominance with $5.2bn Bashneft deal Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rosneft has acquired Bashneft for 329.7bn roubles ($5.2bn), cementing the dominance of the state oil group and Igor Sechin, its chief executive, over the Russian oil sector.

   Rosneft cements Russian oil dominance with $5.2bn Bashneft deal

   www.ft.com/content/364bbc76-85df-382f-bd2e-e039af2fdf1f

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   Why did Rosneft buy Bashneft?

   • Rosneft last month acquired the government’s 50.08 per cent stake in Bashneft after a hard-fought struggle among Russia’s political elites over whether the state giant run by Igor Sechin should be allowed to further consolidate its control over the country’s oil sector.

   Rosneft moves forward with Bashneft deal despite bribery allegations

   www.ft.com/content/6fd1c644-21f8-3b6d-b548-9c58947c76b5

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   How will Rosneft & Bashneft deal affect Russia?

   • The deal will further consolidate Russia’s oil sector under Rosneft, which when combined with Bashneft would control 42 per cent of the country’s oil production, 37 per cent of refining capacity and a quarter of its petrol stations, according to analysts at Otkritie Capital.

   Moscow clears oil giant Rosneft’s move to buy Bashneft

   www.ft.com/content/4b1b4a90-8bdc-11e6-8aa5-f79f5696c731

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   What is Rosneft and what does it do?

   • Rosneft is the world’s largest publicly traded petroleum company and is headed by Igor Sechin, an ally of Russian President Vladimir Putin, who served as deputy prime minister until 2012.

   Former German Chancellor Gerhard Schröder nominated to ...

   www.dw.com/en/former-german-chancellor-gerhard-schröder-nominated-to-russias-rosneft-board/a-40070458

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   Will Rosneft re-nationalise?

   • This concludes a complicated history of privatisation and re-nationalisation for Bashneft. The acquisition will give Rosneft access to strategic upstream projects, new brownfield technologies and superior refining facilities. The deal, combined with a possible sale of 19.5% share in Rosneft, is key for tackling the 2016 budget deficit in Russia.

   Rosneft acquires a stake in Bashneft: what it means for the companies

   www.woodmac.com/reports/upstream-oil-and-gas-rosneft-acquires-a-stake-in-bashneft-what-it-means-for-the-companies-42564703/

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   Does Rosneft have a stake in Bashneft public joint stock company?

   • In a statement, Rosneft said: Rosneft today signed the Sale and Purchase Agreement for the Government’s stake of Bashneft Public Joint Stock Company and fully fulfilled its obligations under the agreement, by paying RUB 329.7 bln to the accounts of the Federal Treasury. The deal for the acquisition of the controlling share of the Company is closed.

   Rosneft cements Russian oil dominance with $5.2bn Bashneft deal

   www.ft.com/content/364bbc76-85df-382f-bd2e-e039af2fdf1f

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8. www.woodmac.com › reports › upstream-oil-and-gasRosneft acquires a stake in Bashneft: what it means for the ...

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   Oct 19, 2016 · Rosneft has purchased the State’s 50.0755% stake in Bashneft for US$5.3 billion. This concludes a complicated history of privatisation and re-nationalisation for Bashneft. The acquisition will give Rosneft access to strategic upstream projects, new brownfield technologies and superior refining facilities. The deal, combined with a possible ...