Russian Oil Companies

Russian oil companies are major players in global energy, primarily involved in exploring, extracting, refining, and marketing oil and gas. The largest is Gazprom, focusing on gas, while Rosneft is the leading oil producer, owning extensive reserves and refining capacity. Lukoil, Surgutneftegas, and Tatneft are other significant firms operating domestically and internationally. These companies play a crucial role in Russia's economy and energy exports, influencing global markets. They face challenges such as international sanctions, fluctuating oil prices, and the need for technological modernization, all shaping their strategies and operations.