Category: Energy

Translation. Region: Russian Federation –

Source: Rosneft – An important disclaimer is at the bottom of this article.

Rosneft summarized the results of its corporate volunteer program, "Good Deeds Platform," for 2025. Rosneft volunteers implemented approximately 1,700 social projects and events, involving over 108,000 Company employees.

Corporate volunteering is crucial for addressing socially significant issues in the regions where Rosneft operates and encompasses a variety of areas: humanitarian, social, sports, and environmental.

One of the main areas of volunteer work in 2025 was events dedicated to the 80th anniversary of Victory in the Great Patriotic War. Rosneft volunteers across the country held events aimed at preserving historical memory, strengthening ties between generations, and promoting patriotic education. Employees provided assistance to veterans, organized the cleanup and repair of monuments and military graves, and conducted courage lessons at sponsored children's institutions. Volunteers also organized patriotic car and bike rides, planted alleys of fame in many cities, and unfurled the 80-meter St. George's Ribbon.

Particular attention was paid to supporting children. Over the course of the year, volunteers conducted over 360 events, benefiting over 17,000 children. Volunteers supported schools and kindergartens, participated in organizing school reunions for children from low-income families, and conducted career guidance workshops to introduce them to the oil industry profession. In Moscow, excursions were organized for children from family centers to children's parks, zoos, and sporting events. For example, volunteers regularly organized trips for children to matches of the CSKA hockey club, owned by Rosneft, the Moscow Zoo, and many other places. Oil workers also actively participated in national and regional charity events for children, including the interactive educational project "City of Safety," the "Get Your Child Ready for School" campaign, the "Box of Courage," and others.

Support for the blood donor movement is an important part of Rosneft's corporate culture. In 2025, 88 blood donor events were held at the Company's facilities, with over 8,000 employees participating.

Significant attention was paid to environmental volunteering as part of Rosneft's environmental initiatives. Employees conducted over 400 environmental campaigns across the country, including the improvement of public and natural areas and waste separation. For example, the Company's subsidiaries recycled 1,000 tons of waste paper. Furthermore, employees regularly replenish water resources in the regions where they operate with valuable fish species and participate in tree planting. Over 34,000 volunteers participated in environmental volunteer projects in 2025.

The "Good Deeds Platform" program successfully fosters corporate culture, develops team spirit, and enables employees to make a tangible contribution to society. Young activists from the "Movement of the First" have proven to be reliable supporters of Rosneft volunteers. Schoolchildren and teenagers eagerly respond to the call to participate in thematic and environmental projects.

Department of Information and Advertising of PJSC NK Rosneft February 11, 2026

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Rosneft – An important disclaimer is at the bottom of this article.

Specialists from Rosneft's research institute in Samara have developed a national standard for the oil and gas industry of the Russian Federation*, establishing requirements for design documentation for onshore well construction. The document was approved by order of the Federal Agency for Technical Regulation and Metrology (Rosstandart) and will come into effect on November 1, 2026.

The document developed by Samara specialists is unique among international and Russian standards. This national standard takes into account modern methods and regulatory requirements for the construction and reconstruction of onshore oil and gas wells, while also taking environmental protection measures into account.

All interested oil production and design companies in Russia can voluntarily use standardized design documentation forms, which define architectural, functional, technological, structural, engineering, and other solutions for the construction or reconstruction of capital construction projects. The documentation contains text and graphic materials, including in the form of an information model.

Improvement and development of a modern methodological framework will improve the efficiency of well construction and ensure uniformity of design approaches.

*GOST R 72433-2025 "Oil and Gas Industry. Onshore Well Construction. Design Documentation Layout. General Provisions"

Reference:

For over 10 years, a drilling technology center has been operating at the Rosneft Research Institute in Samara. It provides design and engineering services aimed at achieving the highest possible efficiency in well construction and reconstruction.

The center's specialists focus on developing technological projects and optimizing well construction costs, improving the quality of pre-project solutions, and addressing environmental issues.

Department of Information and Advertising of PJSC NK Rosneft February 10, 2026

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Rosneft – An important disclaimer is at the bottom of this article.

HYDROCARBON PRODUCTION – 182.6 MILLION TOE LIQUID HYDROCARBON PRODUCTION – 134.7 MILLION T GAS PRODUCTION – 58.2 BILLION CUBIC M EBITDA – RUB 1,641 BILLION FREE CASH FLOW – RUB 591 BILLION

PJSC NK Rosneft (hereinafter referred to as Rosneft or the Company) publishes its results for the first 9 months of 2025, prepared in accordance with International Financial Reporting Standards (IFRS).

	9 months 2025	9 months 2024	% change
	billion rubles
Revenue from sales and income from associates and joint ventures	6,288	7,645	(17.8)%
EBITDA	1,641	2,321	(29.3)%
Net profit attributable to shareholders of PJSC NK Rosneft	277	926	(70.1)%
Capital expenditures	1 118	1,052	6.3%
Adjusted free cash flow	591	1,075	(45.0)%

Commenting on the results for the first nine months of 2025, Chairman of the Management Board and Chief Executive Officer of Rosneft Oil Company I.I. Sechin noted:

"During the reporting period, the Company operated in a deteriorating macroeconomic environment, including falling prices amid rising oil supply. I note that in November, international energy agencies once again raised their forecasts for oil market surplus in Q4 2025 and H1 20261, despite a slowdown in OPEC production growth.

Additional pressure on the Company's performance for the first nine months of 2025 was exerted by the outpacing inflation of natural monopoly tariff indexation, increased costs of ensuring anti-terrorism security, the high level of the Bank of Russia's key rate, and the strengthening of the ruble observed since the beginning of the year.

Despite the negative external environment, shareholder interests remain one of the Company's top priorities. On November 17, the Board of Directors recommended that the General Meeting of Shareholders, at an extraordinary absentee vote, resolve to pay interim dividends of 11.56 rubles per share. A total of 122.5 billion rubles, or 50% of net profit for the first half of 2025, is proposed for dividend payments, in full compliance with the corporate dividend policy.

Operating indicators

Exploration and production

Liquid hydrocarbon production for the first 9 months of 2025 amounted to 134.7 million tons (3.67 million barrels per day), including 45.4 million tons in Q3 2025. This indicator’s dynamics are due to restrictions on oil production in accordance with decisions of the Russian Government.

The Company's gas production for the first nine months of 2025 amounted to 58.2 billion cubic meters (1.30 million barrels of oil equivalent per day). More than a third of the Company's gas production comes from new projects in the Yamalo-Nenets Autonomous Okrug, commissioned in 2022.

As a result, the Company’s hydrocarbon production for the first 9 months of 2025 amounted to 182.6 million tons of oil equivalent (4.97 million barrels of oil equivalent per day).

Production drilling meterage for the first 9 months of 2025 exceeded 9 million meters, with 2,200 new wells commissioned, 74% of which were horizontal.

Onshore in the Russian Federation, in the first nine months of 2025, Rosneft completed 1,200 linear kilometers of 2D seismic work and 3,500 square kilometers of 3D seismic work. Thirty-eight exploration wells were tested with a success rate of 95%.

Vostok Oil Project

As part of the implementation of the flagship Vostok Oil project, 1.2 thousand linear kilometers of 2D seismic exploration work and 1.5 thousand square kilometers of 3D work were completed over the first 9 months of 2025.

The company continues pilot development of the Payakhskoye and Ichemminskoye fields: in the first nine months of 2025, production drilling totaled 101,000 meters, with 19 production wells completed. Test production is underway at the Payakhskoye and Ichemminskoye fields, and oil is being transported by truck from the Payakhskoye to the Suzunskoye field during the winter.

Construction of the Vankor-Payakha-Bukhta Sever main oil pipeline continues. As of the end of September 2025, 119,000 piles have been installed, and 637 km of the pipeline has been laid to design elevations. The main and backup lines of the pipeline's underwater crossing over the Yenisei River have been laid and backfilled. Coastal protection and engineering works are ongoing.

Construction of two cargo berths and a berth for the port fleet at the Port Sever Bay terminal is nearing completion. Construction of the first oil loading berth is ongoing, and work has begun on the second. Construction is underway on the Port Sever Bay oil delivery and receiving station, as well as the Suzun and Payakha oil pumping stations.

Recycling

Oil refining volume for the first nine months of 2025 amounted to 57.7 million tonnes. The decrease in refining volumes was due to repair and restoration work, as well as the optimization of refinery capacity, taking into account price conditions, logistical constraints, and demand.

Rosneft is continuously working to maintain a high level of reliability at its oil refining assets. Specifically, the Company supplies its refinery process units with its own catalysts, which are necessary for the production of high-quality motor fuels. In the first nine months of 2025, 1.9 thousand tons of diesel fuel and gasoline fraction hydrotreating catalysts, as well as protective layer catalysts, were produced. Rosneft enterprises also produced 102 tons of gasoline reforming catalysts and 218 tons of hydrogen production catalysts, petrochemicals, and adsorbents.

The company is a key supplier of high-quality motor fuels for Russian consumers. In the first nine months of 2025, it supplied 30.7 million tons of petroleum products to the domestic market, including 9.5 million tons of gasoline and 12.3 million tons of diesel fuel.

Rosneft continues to actively participate in trading on the Saint Petersburg International Mercantile Exchange. During the reporting period, 7.1 million tons of gasoline and diesel fuel were sold on the exchange, 1.8 times higher than the standard.

Financial indicators

Against the backdrop of declining oil prices and a stronger ruble, the Company's revenue2 for the first nine months of 2025 decreased by 17.8% year-on-year, amounting to RUB 6,288 billion. Moreover, the rate of decline in costs and expenses was slower than that of revenue, partly due to the indexation of tariffs for natural monopolies. As a result, EBITDA for the first nine months of 2025 decreased to RUB 1,641 billion.

Net profit attributable to Rosneft shareholders for the first nine months of 2025 amounted to RUB 277 billion. The high key rate of the Central Bank of the Russian Federation continues to have a significant negative impact on this indicator. Furthermore, non-cash and one-time factors negatively impacted the indicator's dynamics during the reporting period.

The Company's capital expenditures for the first nine months of 2025 amounted to RUB 1,118 billion. This increase was driven by the planned implementation of the investment program, primarily at assets in the Exploration and Production segment. Free cash flow for the reporting period amounted to RUB 591 billion.

The Net Debt/EBITDA ratio at the end of September 2025 was 1.3x and continues to remain significantly below the minimum covenant value in accordance with the loan agreements.

ESG

During the reporting period, the Company continued to implement measures to achieve sustainable development goals within the framework of the Rosneft-2030 strategy.

Rosneft uses the latest technologies and state-of-the-art production methods to create a safe work environment and minimize the risk of occupational injuries and illnesses. In the first nine months of 2025, the lost workday indicator (LWIS) decreased by 22%.

As a result of accident prevention measures at the Company's facilities, the number of process safety incidents has decreased. Specifically, in the first nine months of 2025, the incidence of equipment depressurization incidents with severe consequences of Level 1 (PSER-1) decreased by 50% compared to the same period last year.

Reproduction of aquatic biological resources is an integral element of environmental conservation. During the first nine months of 2025, Group companies released over 16.5 million juvenile fish of various species into water bodies in the regions where they operate.

Particular attention is paid to the conservation and restoration of natural resources: in the first nine months of 2025, employees of the Group's Companies planted more than 900,000 forest seedlings.

1 The updated average forecast of the IEA and the US Department of Energy for Q4 2025 is 3.2 million barrels per day, and for H1 2026 – 3.6 million barrels per day. The increase in OPEC oil production quotas in September was 547 thousand barrels per day, and in October–December – 137 thousand barrels per day per month. At the same time, OPEC countries announced their intention to suspend the increase in oil production in Q1 2026.2 Includes revenue from sales and income from associates and joint ventures.

Department of Information and Advertising of PJSC NK RosneftNovember 28, 2025

These materials contain statements about future events and expectations that are forward-looking in nature. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties, and other factors which may cause actual results, performance, or achievements expressed or implied by such forward-looking statements to differ materially. We undertake no obligation to update the forward-looking statements to reflect actual results, changes in assumptions, or changes in factors affecting these statements.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Rosneft – An important disclaimer is at the bottom of this article.

With the support of RN-Uvatneftegaz (part of Rosneft), the indigenous culture festival "Wealth of the Uvat Taiga" was held in the administrative center of the Uvatsky District. More than 1,500 guests from the Tyumen Region and the Khanty-Mansi Autonomous Okrug – Yugra attended this year's event.

The festival, which began several years ago as a folk crafts fair at the oil field, has grown into a large-scale cultural event thanks to the support of oil workers.

The festive program included folk vocal and dance performances. Khanty songs and dances were performed on the central stage near the traditional chum, traditional amulets were made during workshops, and national sports games filled the guests with energy and excitement. Guests especially warmly welcomed the screening of the documentary film "The North Suits Us," part of which was filmed at the Uvas Mir Khot ethnic camp.

In support of the Year of Unity of the Peoples of Russia, in collaboration with the head of the Ethnology Sector at the Institute of Northern Development Problems of the Siberian Branch of the Russian Academy of Sciences, we organized an educational lecture on the history, culture, and ethnography of the Uvatsky District. The lecture concluded with a quiz on the topic "Encyclopedia of the Native Land," with prizes for correct answers.

The fairgrounds showcased a wide variety of traditional crafts made from the bounty of the taiga, and the air was filled with the aromas of northern fish soup and berry tea. A reindeer sleigh ride was a particular delight for the young guests.

A highlight of the festival was the "Uvat Trophy" hunting and sports tournament, where participants competed in agility and obstacle course skills. Competitions were also held in traditional sports: throwing a tynzyan on a khorey (a lasso used to drive reindeer), archery, sled jumping, and tug-of-war.

Supporting and preserving the national cultures of the indigenous peoples of the North and their traditional way of life is a key focus of Rosneft's social policy. The company and its subsidiaries implement numerous social projects in the regions where they operate, developing the infrastructure of northern villages, assisting reindeer herding families, and improving the facilities of educational institutions, social facilities, and healthcare facilities in areas traditionally inhabited by indigenous peoples.

As part of the festival, RN-Uvatneftegaz, together with the Uvat District Administration, donated equipment for traditional trades to the indigenous people—snowmobiles, outboard motors, gasoline generators, and Rosneft motor oil. Over the past few years, more than 180 units of equipment have been donated to Khanty families.

Reference:

With the support of RN-Uvatneftegaz, the Uvas Mir Khot ethnographic center (meaning "House of Northern People" in Khanty) was established and is now successfully operating in Tyumen. This unique venue has become a hub for national celebrations, educational events, cultural activities, and interactive tours, and promotes the preservation of the traditions of the indigenous peoples of the North.

Department of Information and Advertising of PJSC NK Rosneft February 9, 2026

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Rosneft – An important disclaimer is at the bottom of this article.

Rosneft became the only state-owned oil and gas company whose shares were included in all sustainable development indices by the Moscow Exchange.

Following the annual review, the exchange included the Company's shares in new index calculation bases for sustainable development, including: the non-financial companies climate resilience index, the Moscow Exchange-RAEX "ESG balanced" index, and the Moscow Exchange-RSPP index group.

Companies that adhere to best practices in environmental and social responsibility and corporate governance and that disclose relevant information in their corporate reporting become participants in Moscow Exchange's sustainable development indices.

The Non-Financial Companies Climate Resilience Index includes securities of ESG leaders with well-established climate management systems and climate risk management.

The MOEX-RAEX "ESG Balanced" Index is compiled annually and consists of 20 companies with the highest sustainability scores from the RAEX rating agency. The index is calculated based on the RAEX ESG ranking, which includes 145 companies from Russia, Uzbekistan, Kazakhstan, and Mongolia, 20 of which represent the oil and gas industry.

Since 2007, Rosneft has been publishing sustainability reports in accordance with Russian and international guidelines. These reports are independently assessed by an external auditor.

The reports present the Company's achievements in sustainable development, reflect Rosneft's contribution to the development of national projects of the Russian Federation, disclose key economic and environmental indicators, information on scientific and social projects, cultural and sporting events.

Environmental responsibility is a key priority for Rosneft. The company is consistently increasing its green investment: by the end of 2024, it reached 74 billion rubles, and from 2022 to 2024, it will reach almost 200 billion rubles. The funds are being used for pipeline reliability improvement programs, construction of associated petroleum gas utilization infrastructure, emission reduction, and other projects.

Department of Information and Advertising of PJSC NK Rosneft February 6, 2026

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.