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    ROSN   US67812M2070

ROSNEFT OIL COMPANY

(ROSN)
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Rosneft Oil : Shows Compliance with International Health, Safety and Environmental Standards

11/19/2021 EST

Rosneft's Integrated Health, Safety and Environment Management System (HSE IMS) has once again conformed to the requirements of ISO 45001:2018, Occupational Health and Safety Management System, and ISO 14001:2015, Environmental Management System.

Compliance with the Health, Safety & Environment (HSE) standards is a priority for Rosneft Oil Company in all business areas. One of the main objectives of the Rosneft 2022 Strategy is to achieve global leadership in key HSE indicators by the end of 2022.

The integrated HSE management system was introduced at Rosneft and its subsidiaries in 2006, designed to achieve the Company's key objectives and manage health, safety and environmental risks. A review for compliance with international standards is carried out annually by an independent accredited auditor.

In 2021, DQS audited the integrated HSE management system of Rosneft and its subsidiaries across all business segments as follows: Upstream, Downstream, and Services. Following the assessment, the auditors confirmed the high level of development of Rosneft's HSE management system.

The auditors noted positive changes in most environmental indicators in 2020, reflecting a strong management performance in this area. Furthermore, Rosneft was the first company in Russia to present the comprehensive Carbon Management Plan 2035 featuring clear targets for reducing greenhouse gas emissions.

The plan includes the following:

  • prevention of direct and indirect greenhouse gas emissions of 20 million tonnes CO2-equivalent,
  • a 30% reduction in the intensity of direct and indirect emissions in oil and gas production,
  • a methane emission rate below 0.25%, and
  • zero routine flaring of associated gas.

Rosneft
Information Division
November 19, 2021

Disclaimer

OJSC Oil Company Rosneft published this content on 19 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 November 2021 12:59:01 UTC.


© Publicnow 2021
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Sales 2021 116 B - -
Net income 2021 13 949 M - -
Net Debt 2021 44 034 M - -
P/E ratio 2021 4,38x
Yield 2021 9,54%
Capitalization 64 142 M 64 142 M -
EV / Sales 2021 0,93x
EV / Sales 2022 0,82x
Nbr of Employees 335 000
Free-Float 11,8%
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Last Close Price 6,75 $
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Spread / Average Target 57,7%
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Igor Ivanovich Sechin Deputy Chairman, President & CEO
Petr Ivanovich Lazarev Finance Director
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Artur Matthias Warnig Deputy Chairman
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