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 Jorma Ollila, Chairman of the Board of Directors of Royal Dutch Shell signed in the presence of Putin and Mark Rutte prime minister of Netherlands a memorandum outlining the principles of cooperation within hydrocarbons exploration and development in the Arctic shelf and a section of the deep-water shelf. In 2008, Gazprom carried out of explorative well drilling; of 2D seismic and of 3D seismic survey. As a result, gas reserves grew by , and crude oil and gas condensate reserves grew by 61 million tons. Gazprom carries out prospecting and exploration in foreign countries such as India, Algeria, Venezuela, Vietnam,