Gazprom Neft Gazprombank sponsored Russian racing driver Mikhail Aleshin during his championship-winning year. Gazprom Neft Gazprom Neft (, formerly: Sibneft), is the third largest oil producer in Russia and ranked third according to refining throughput. It is a subsidiary of Gazprom, which owns about 96% of its shares. The company is registered and headquartered in St. Petersburg after central offices were relocated from Moscow in 2011. By the end of 2012 Gazprom Neft accounted for 10% of oil and gas production and 14.6% of refining activities in Russia. Production volumes in 2012 increased by 4.3% in comparison with 2011, refining throughput grew
Gazprom Neft limestone, which makes drilling difficult. Therefore, specialists are facing a more labor-intensive task. At the moment all these difficulties have been successfully overcome. Three development wells have now been constructed, successfully tested and their outputs have exceeded planned expectations. New innovative technologies are applied at Badra. Among them are: Solar panels can be another example of the usage of modern technologies. They allow the block valve station to work independently from electricity. The Badra oil field development consortium annually invests in education, medicine and other social projects in Iraq. In 2013 Gazprom Neft donated some buses to the University in