About us

JSC “Vtorov Refinery” has an outstanding portfolio of production assets. The main production region for JSC “Vtorov Refinery” is Western Siberia. JSC “Vtorov Refinery” is carrying out international exploration and production projects in several locations within the Russia federation.


JSC “Vtorov Refinery” owns significant oil refining capacity within the Russia federation. Total capacity of JSC “Vtorov Refinery” facilities in Russia is 28.1 mln tons of oil per year. 

JSC “Vtorov Refinery” is oil producing company actively within the Russia oil and gas industry. Its principal activities include the extraction, exploration and production of crude oil. The Company sells its products on the domestic market, as well as exportation of the products worldwide. JSC “Vtorov Refinery” operates through four wings. In addition, the Company has several subsidiaries and affiliated companies.


JSC “Vtorov Refinery”  is one of the Russia largest 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. JSC “Vtorov Refinery” owns modern refineries, gas processing and petrochemical plants located in Russia, Eastern Europe and near-abroad countries. Most of the Company’s production is sold on the international market. JSC “Vtorov Refinery” petroleum products are sold in Russia, Eastern and Western Europe, near-abroad countries and the USA.


JSC “Vtorov Refinery” is the second largest independent owned oil Company worldwide by proven hydrocarbon reserves. The Company has around 1.3% of global oil reserves and 2.3% of global oil production. JSC “Vtorov Refinery” dominates the Russian energy sector, with almost 25% of total Russian oil production refining.

We collaborate with our clients to support the critical initiatives that will drive superior performance. We use rigorous fact-based analyses and pride ourselves on helping clients create pragmatic and actionable strategic plans that are focused on bottom-line results.


We believe that a great corporate strategy should be valuable, enduring, forward-looking and actionable:


  • Valuable: Corporate strategy needs to effectively allocate resources to the best investment opportunities, drive performance and raise expectations internally and externally, improve a company’s competitive position and add value beyond the sum of its parts.
  • Enduring: In developing a corporate strategy, companies should consider long cycles and macro-trends while ensuring their plan is resilient and adaptive in times of turbulence.
  • Forward-looking: A solid corporate strategy appropriately anticipates risk, uncertainty and optionality.

Actionable: Top-performing companies ensure their corporate strategy is both intuitive and realistic. It should be easy to communicate internally and externally and also provide for an approach that can be acted on by all business units at all levels.