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Nippon Mining Holdings is involved in mining and energy operations. Subsidiary Japan Energy is engaged in both upstream and downstream oil and gas activities as well as petrochemical manufacturing. The company refines oil at its three refineries and markets its petroleum products through a network of 3,300 JOMO service stations throughout Japan. Petroleum products include gasoline, naphtha, kerosene, petrochemicals, lubricants, and liquefied petroleum gas (LPG). Subsidiary Nippon Mining & Metals is engaged in resources development activities such as smelting and refining, recycling and environmental services, metal fabrication, and the manufacture of electronic materials.

Big Oil in Japan means Nippon Oil (formerly Nippon Mitsubishi Oil), the country's largest oil importer and distributor. Nippon Oil operates seven refineries with a total capacity of more than 1.2 million barrels per day. It has exploration activities in Canada, the Gulf of Mexico, the North Sea, South America, Australia, and Southeast Asia. Nippon Oil, which has a 25% share of the Japanese gasoline market, operates 10,400 service stations across Japan. It also generates and sells electricity and has extensive petrochemical operations. The company has a broad cooperation pact with Cosmo Oil.

Today, JSC Gazprom Neft’ is one of the largest oil and gas producing companies in Russia. The main areas of Gazprom Neft’s business activity include oil and natural gas production, oil and gas field facility services, oil refining and marketing of petroleum products. The proven reserves of the company exceed 6,9 billion barrels, which ranks the company amongst the world’s twenty largest oil companies. Gazprom Neft’ carries out its activities in Russia’s largest oil- and gas-bearing regions such as Khanty-Mansiysk Autonomous District, Yamalo-Nenets Autonomous District, Tomsk and Omsk Regions, and Chukotka Autonomous District. The Company’s major oil refineries are located in the Omsk, Moscow and Yaroslavl Regions. The Gazprom Neft’ distribution network operates countrywide.

LUKOIL is one of the world’s leading vertically integrated oil & gas companies. Main activities of the Company are exploration and production of oil & gas, production of petroleum products and petrochemicals, and marketing of these outputs. Most of the Company's exploration and production activity is located in Russia, and its main resource base is in Western Siberia. LUKOIL owns modern refineries, gas processing and petrochemical plants located in Russia, Eastern and Western Europe, near-abroad countries. Most of the Company's production is sold on the international market. LUKOIL petroleum products are sold in Russia, Eastern and Western Europe, near-abroad countries and the USA. LUKOIL is the second largest private oil Company worldwide by proven hydrocarbon reserves. The Company has around 1.1% of global oil reserves and 2.3% of global oil production. LUKOIL dominates the Russian energy sector, with 18% of total Russian oil production and 19% of total Russian oil refining.

On 1 September 2003, BP and Alfa, Access, Renova (AAR) announced the creation of a strategic partnership to jointly hold their oil assets in Russia and Ukraine. As a result, TNK-ВР was created. Today, TNK-BP is Russia’s third largest oil company in terms of reserves and crude oil production. ВР and AAR each own an equal interest in TNK-BP. ААR contributed its holdings in TNK International, ONAKO and SIDANCO, its share in RUSIA Petroleum (which holds licenses for the Kovykta gas condensate deposit and the Verkhnechonsk oil and gas deposit), its stake in the Rospan gas field in West Siberia (the New Urengoy and East Urengoy deposits).

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