The history of Rosneft Oil Company is inseparably linked to the history of the country and the domestic oil industry. The first references to the enterprises that are now part of the Company date back to the end of the 19th century. In 1889, for example, exploration of oil fields began on the Sakhalin Island.

Rosneft's core assets were established during the Soviet period, when the USSR was undergoing full-scale development of new oil and gas fields. In the 1990s, most of the industry was privatized. The management of the oil and gas assets remaining in the ownership of the country was entrusted to Rosneft, a state enterprise specifically founded for this purpose in 1993, which in September 1995 was reorganized into the open joint-stock company Rosneft Oil Company. At the end of 1995, the volume of crude oil and liquid hydrocarbons produced by the Company amounted to only 12.7 million tons.

In a short period of time, Rosneft has significantly increased the efficiency of corporate governance, worked hard to consolidate its oil production and refining assets, and improved financial discipline. As early as 2005, the Company took the leading position among Russian oil companies in terms of production volumes - 74.6 million tons of crude oil.

In July 2006, Rosneft conducted an Initial Public Offering (IPO) on the stock exchange. As part of the IPO, 1.411 billion shares were placed for a total amount of $10.7 billion. This was the largest IPO in Russia and the fifth largest in the history of the global stock market. More than 150 thousand Russian citizens became shareholders of the Company as a result of the placement.

In 2013, following the completion of the TNK-BP acquisition deal, Rosneft became one of the largest publicly traded oil and gas companies in the world.

In 2016, Rosneft successfully completed an integrated deal to acquire a controlling stake in Bashneft with the subsequent privatization of 19.5% of the Company's shares by Swiss oil trader Glencore and the Qatar Investment Authority (QIA) sovereign fund. Subsequently, the Qatar fund became the sole owner of this block of shares. As a result of the transaction, the state received RUB 1.04 trillion.

Today Rosneft is one of the world's largest publicly traded production companies and a leader in the Russian oil industry.

• ~40% share in oil production in Russia
• 14% share in gas production in Russia
• 28% share of gas in the Company's hydrocarbon production
• 13 large oil refineries in the Russian Federation
• 32% share in the Russian refining market
• ~3 thousand filling stations