1990–1993: held various positions at the Soviet Ministry of Finance and the Russian Ministry of Economy and Finance. Rosneft’s Annual Report for 2019 present the Company’s financial results and achievements in sustainable development, highlighting the existing links between the competitive environment, the Company’s strategy, business In November, the monthly average Brent price bounced back to USD 63.0 per barrel as the trade row between the USA and China eased up. In 2019, the annual average Brent price was USD 64.3 per barrel, down 9.5% year-on-yearIn 2019, the annual average Urals price was USD 63.4 per barrel, down 9.1% year-on-year (USD 69.8 per barrel in 2018).. Shareholders gained access to personal accounts – a handy tool to obtain relevant personal accounts data and to exercise rights under Rosneft securities online. Regulations On the Sole Executive Body (Chief Executive Officer), Regulations on the Collective Executive Body (Management Board) of Rosneft Oil Company. As per the Charter, the person performing the functions of the sole executive body and Chairman of the Management Board is the Chief Executive Officer. Has an MBA degree (Moscow International Business School, 2011), extensive corporate governance experience (since 1998) and expertise in fuel and energy companies’ business (since 1996), as well as managerial experience (since 2003) and experience of working as a Board member in a number of joint stock companies. Management is responsible for the other information. 2008–2011: Commercial Director at BP Group companies. 2013–2017: Division Head, Deputy Director, Director of the Exploration and Licensing Department, Vice President for Subsurface and Reservoir Management, JSC Independent Oil and Gas Company. According to Rosstat, income growth continues to lag behind real wages, which rose by 2.9% year-on-year in 2019. According to an initial assessment from the Federal State Statistics Service (Rosstat), the Russian GDP rose by 1.3% year-on-year in 2019 (vs 2.5% year-on-year in 2018). Prudential Officers and Directors; Shareholder Information; Financial Highlights; Financial Section. Holds 203,916 shares of Rosneft (0.0019% of the Company’s charter capital). They do not constitute the official version of the document filed with relevant authorities. 2000–2004: Head of the Promissory Note and Investment Programmes in the Finance Department of Rosneft, Deputy Departmental Director, Head of Securities in the Finance Department. According to the Bank for International Settlements, the annual average nominal USD / RUB exchange rate declined by 3.0% to RUB 64.73 per USD in 2019. The Chairman and Chief Executive will update shareholders on our performance in 2019 and our goals for 2020. Dudley is chairman of Rosneft’s strategic planning committee which focuses on long-term development and sustainability issues, according to Rosneft’s 2018 annual report. Financial statements; Annual reports; Presentations; Reports on payments to governments. From September 2017: State Secretary, Vice President of Rosneft. Rosneft's Corporate Governance Department Director since 2013. Member of Rosneft’s Management Board since 2012. Holds 393 shares of Rosneft (0.000004% of the Company’s charter capital). Scan the image with the Xtend app to watch the video. Hotline for gas station customers and fuel card holders. Exports of goods were also negatively affected by metals and metalware (down by USD 6.1 bln), lumber and pulp and paper (down by USD 1.1 bln), machines, equipment and vehicles (down by USD 0.7 bln), food and soft commodities (down by USD 0.2 bln). From March 2013: Vice President of Rosneft for Energy, Health, Safety and Environment. 2000–2005: Manager of Complex Projects in Russia, managing the oilfield services project for Sibneft at Schlumberger Oilfield Services (Russia). ), natural resources (0.3 p.p. In 2019 the Company worked in line with its strategic targets and kept leadership among the global oil majors in terms of the proved hydrocarbons reserves. As at 1 January 2019, Transneft’s crude oil transportation tariffs via trunk pipelines increased by 3.87%. The growth was mainly driven by consumer spending and government consumption. From 2013: Advisor to the President of Rosneft. 2000–2004: Deputy Head of the Russian Presidential Head Office. The Corporate Governance analytical information system was put into operation in 2019. Rosneft will report its Q1 2020 IFRS financial results on Friday, May 15, 2020. HC reserves increase vs 2018 made 587 mln boe (81 mln toe) or 1%. As a result, the unemployment rate was 4.6% of economically active population, down 0.2 p.p. Rosneft Oil Company ('Rosneft' or 'the Company') announces the publication of the Annual Report for the year 2019. As projected by the IMF, global trade will accelerate to 2.9% year-on-year in 2020 and 3.7% year-on-year in 2021The forecast was completed before the coronavirus pandemic.. 1996–2016: employee of law enforcement agencies. Graduated from Ufa State Oil Technical University in 1971. Rosneft Publishes Annual Report for 2019. Investment demand was sluggish, which resulted in a lower gross value added (GVA) in construction (contributing 0.02 p.p.) Hotline for Rosneft Shareholders (Free Domestic Calls) 8 (800) 200-10-70. Chairwoman of the Board of Directors at LLC Reestr-RN, member of the Boards of Directors at PJSOC Bashneft, LLC RN-Refining, LLC RN-Upstream. In PDF format (PDF, 1.6 MB) As a separate website. as a result of contracting federal budget expenditures. Rosneft’s Annual Report for 2019 present the Company’s financial results and achievements in sustainable development, highlighting the existing links between the competitive environment, the Company’s strategy, business Audit Report-Consolidated Table Title Data 2019 Audit Report (full version) Download 2019 Annual Statements of Financial Position Download 2019 Annual Statements of Profit or Loss Download 2019 Annual Statements of Changes in The global GDP growth was largely halted by a cyclical economic slowdown in developed economies (above all in the USA and the European Union) and escalation of trade conflicts. According to the Federal Customs Service of Russia, exports of Russian goodsAccording to the customs statistics. By contrast, the annual average consumer price index rose to 4.5% year-on-year in 2019 (vs 2.9% year-on-year in 2018). The activities of the Company’s executive bodies are governed by the Regulations On the Sole Executive Body (Chief Executive Officer) and Regulations on the Collective Executive Body (Management Board) of Rosneft Oil Company. Holds 448,066 shares of Rosneft (0.0042% of the Company’s charter capital). Holds 13,489,350 shares of Rosneft (0.1273% of the Company’s charter capital). He manages the Company’s day-to-day operations, formulates the Management Board’s agenda, and chairs the Board’s meetings. The growth rates of trade in goods and services in developed economies dropped from 3.2% year-on-year in 2018 to 1.3% year-on-year in 2019 while sinking in emerging markets from 4.6% year-on-year to 0.4% year-on-year. Gas stations customers support Hotline Le président du conseil d'administration est actuellement Igor Setchine, vice-premier ministre de Russie. The Offtake Agreement would allow BP's IST function continued priority access to Rosneft’s annual tendered fuel oil and vacuum gasoil grades, priced at market rates, at a fee. Rosneft took part in the St Petersburg International Economic Forum on June 21, 2012. Russia's largest oil producer Rosneft said on Tuesday the political upheaval in Venezuela was only temporary, while the country had cut its debt, and expected its own total oil output to grow in 2019. GDP growth in Brazil slowed down from 1.3% in 2018 to 1.1% in 2019. 2003–2012: Head of the Prospective Development, Science and Ecology Department, Head of the Strategic Development Department, Head of the Prospective Development Department of PJSC Gazprom. Holds positions in various non-profits and takes part in social, scientific, sport and education development (for the full list of positions in non-profit organisations, see the Board of Directors section). In January 2020, the IMF cut its global growth outlook for 2020 from 3.3% (vs 3.4% projected in October 2019). Rosneft will report its Q4 and 12M 2019 IFRS financial results on Wednesday, February, 2019 February 2020 Q4 and 12M 2019 IFRS financial results and corresponding MD&A will be available on our website on February 19, 2020 at 10:00. Photo report from the signing of an agreement on strategic cooperation Rosneft and Statoil. ), manufacturing industry and trade (0.2 p.p. So did the European emerging markets (climbing down from 3.1% in 2018 to 1.8% in 2019). In 2019, crude oil and petroleum products accounted for 56.3% of total exports, down 2.0 p.p. The use of advanced information technology in automating the corporate governance processes allows enhancing the Corporate Secretary’s work efficiency for protection and exercise of shareholders’ rights. ; approved amendments to 22 transactions for oil and petroleum products deliveries, well drilling, construction and installation operations, etc. Ltd., PJSC RusHydro, JSC USC, LLC SNGT, LLC Zvezda Marine Technology, Antares Singapore Pte. Member of Rosneft’s Management Board since 2015. Graduated from the Gubkin Moscow Institute of the Petrochemical and Gas Industry in 1985, from Financial Academy under the Government of the Russian Federation in 1996, and from Moscow International Higher Business School MIRBIS in 2002. In 2019, the Russian economy slowed down. La compagnie est dirig… Zeljko Runje, Management Board member and First Vice President for Oil, Gas, and Offshore Business Development, was appointed Deputy Chairman of the Management Board. As at 1 January 2019, railway transportation tariffs increased by 3.5%. In 2019, the country’s GDP was negatively affected by a shrinking GVA in real estate transactions (down 0.1 p.p. Annual Report. 2019 Annual Report Message from the Chairman & CEO Corporate Information Prudential Officers and Directors Shareholder Information Financial Highlights Financial Section Table of Contents Forward-Looking Statements Selected In December 2019, employment amounted to 72.4 mln people, down 0.2 mln year-on-year. According to an initial assessment from OECD as at the end of January 2020, GDP growth rate in the Eurozone went down from 1.9% year-on-year in 2018 to 1.2% year-on-year in 2019, driven by weaker consumer spending and external demand for European goods amid rising protectionism in global trade. Rosneft Audit Commission shall audit/inspect financial and business operations of the Company, validate reliability and accuracy of the data fed to Rosneft’s annual report and annual financial statements of the Company. Financial results for Q3 2019 and 9M 2019 ... Rosneft will report its Q2 and 6M 2020 IFRS financial results on Friday, August 14, 2020. Resolution of Rosneft’s Board of Directors dated 28 April 2014 (Minutes No. Financial statements, presentations, annual reports Financial statements Annual reports Presentations Reports on payments to governments LSE RNS disclosure Investor calendar Rosneft: Contributing to Implementation of UN The Corporate Secretary’s function is supported by the Company’s separate business unit â€“ Corporate Governance Department. The Repsol, S.A. 2018 Annual Financial Report was submitted to the Spanish Securities Market Commission (CNMV) on February 28, 2019. Chairman of the Board of Directors at JSC FESRC, JSC 82 SRF, LLC Zvezda-Hyundai, JSC Lazurit CDB, PJSC Ufaorgsintez, LLC Zvezda-SHI, Deputy Chairman of the Board of Directors at PJSOC Bashneft, member of the Boards of Directors at RIG Research Pte. Exports of crude oil in value terms in 2019 shrank by 6.0% to USD 121.4 bln, exports of petroleum products dropped by 14.5% to USD 66.9 bln, exports of natural gas, including liquefied natural gas (LNG), slipped by 9.0% to USD 49.6 bln. in value terms in 2019 amounted to USD 422.8 bln. As compared to 2018, exports of goods declined by USD 26.8 bln, or 6.0% year-on-year. Annual Report 2019 Scan the marked images with the Xtend app to watch the videos. 1980–2000: held various executive positions at Schlumberger managing complex projects in the Middle East, Africa, and the Asia-Pacific Region. Holds 377,114 shares of Rosneft (0.0036% of the Company’s charter capital). Since 2012, the position of the Chief Executive Officer has been held by Igor Sechin. 2004–2005: Senior Specialist, Geology and Geophysics Section, EP Analysis and Forecast Centre, CJSC YUKOS Exploration & Production. Investor calendar . From May 2012: Vice President of Rosneft. Holds 6,250 shares of Rosneft (0.00006% of the Company’s charter capital). year-on-year. Rosneft generated about 8.7 trillion Russian rubles in 2019, an increase of around five percent year-on-year. 1993–1997: worked on oil projects in Yemen, Algeria, Australia, Thailand, Japan, Angola, Azerbaijan and Turkmenistan. Holds 147 shares of Rosneft (0.000001% of the Company’s charter capital). 2010–2012: representative of the Penza Region Legislative Assembly in the Federation Council of the Federal Assembly of the Russian Federation. We consistently worked to implement the Rosneft-2022 Strategy approved by the Board of Directors and delivered strong results across a variety of business lines, which helped us cement our leadership in the … STRATEGIC REPORT 2 DTT DocuSign Envelope ID: A3060411-4035-4A47-88F1-5E2F2BB0AEEC 34 of 5 May 2014).. 2004–2009: Director of the Federal Penitentiary Service (FPS) of Russia. The Management Board comprises the heads of key business lines, operation service and support function segments of the Company. GDP growth rates in developed economies dropped from 2.2% year-on-year in 2018 to 1.7% year-on-year in 2019 while slipping in emerging markets from 4.5% year-on-year to 3.7% year-on-year. Mexico was facing stagnation with a zero GDP growth (2.1% year-on-year in 2018). Rosneft published Sustainable Development Report following 2019 performance.. Holds 457,598 shares of Rosneft (0.0043% of the Company’s charter capital). In September, oil prices saw a spike (with the monthly average Brent price reaching USD 62.8 per barrel) as a result of production cuts by Saudi Arabia following a drone attack. From July 2012: Vice President of Rosneft. Amid a stronger rouble and expanding domestic demand, imports of both investment and consumer goods and services increased by 2.2% in 2019 (vs 2.6% in 2018). Graduated with honours from the University of Alaska in 1979. 2019 saw a certain slowdown in private consumption, which was also driving down inflation in Russia. Hotline for Rosneft Shareholders (Free Domestic Calls) 8 (800) 200-10-70. The sluggish economic growth was due to reduced investment activity. Financial results for Q3 2019 and 9M 2019 Photo report from the signing of an agreement on strategic cooperation Rosneft and Eni From November 2019: Vice President of Rosneft for Informatisation, Innovation and Localisation. Overall, GDP growth rates in Latin America and the Caribbean fell from 1.1% year-on-year in 2018 to 0.1% in 2019, mainly due to downturns caused by lingering structural challenges in some countries. In 2019, the unemployment rate and the number of those employed both continued on a descending trajectory. Winner of the Corporate Governance Director / Corporate Secretary 2019 category of the Director of the Year national award held by the Independent Directors Association and the Russian Union of Industrialists and Entrepreneurs jointly with PwC. January 2020–present: Assistant to the Chief Executive Officer of Rosneft. The forecast was completed before the coronavirus pandemic. However, Saudi Arabia quickly restored oil production and the Brent price dropped to USD 59.7 per barrel in October against the backdrop of concerns about a global economic slowdown. 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