Gazprom acquired NTV, Russia's only nationwide state-independent television station from Vladimir Gusinsky's company, Media-Most holdings. In 2002, the Gazprom subsidiary Gazprom Media acquired all of Gusinsky's shares in companies held by Media-Most. In September 2005, Gazprom bought 72.633 percent of the oil company Sibneft for $13.01 billion. Sibneft was renamed Gazprom Neft. The purchase was aided by a $12 billion loan. Gazprom became Russia's largest company. On the day of the deal the company worth was valued at £69.7 billion (US$123.2 billion.) In December 2006, Gazprom signed an agreement with Royal Dutch Shell, Mitsui and Mitsubishi, to take over fifty percent
Energy and Environmental Security Initiative key decision-makers throughout the world in two ways: First by evaluating the extent to which their existing commitments and pledges are actually working; and second, by facilitating new and better clean and affordable energy solutions. IPECC will provide the information needed to improve the effectiveness of existing commitments and encourage new commitments where necessary. It is designed to track and monitor the implementation of sustainable energy commitments undertaken by governments, corporations and other entities, and to provide detailed information on the extent to which they are being complied with. In doing so it will serve as a watchdog over what