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
Department of Energy (Philippines) 9367 or "Biofuels Act of 2006", and RA No. 9513 or "Renewable Energy Act of 2008. The Department is headed by the Secretary of Energy who is assisted by three Undersecretaries and three Assistant Secretaries. Under the Department are the Administrative Service, Financial Service, Information Technology and Management Service, Legal Service and Energy Research Testing and Laboratory Service. The Department is composed of the following bureaus: The following units, agencies and corporations are attached to the Department: Due to the rapid growth of the country's population and the interrelated growing of the country's demand for energy, the Department of Energy