Gazprom Neft is a major Russian vertically integrated oil company and a subsidiary of Gazprom, which holds approximately 96% of its shares. Headquartered in Saint Petersburg, it is the third largest oil producer in Russia and ranks third in refining throughput. The company operates across the entire oil and gas value chain, including exploration, development, production, refining, and marketing of petroleum products.

Active in key Russian regions such as Khanty-Mansiysk, Yamal-Nenets, Tomsk, Omsk, and Orenburg, Gazprom Neft has processing facilities in Omsk, Moscow, and Yaroslavl, as well as operations in Serbia. It also engages in international projects in countries like Iraq and Venezuela. Gazprom Neft markets and sells crude oil and refined products to over 50 countries, serving a diverse customer base that includes domestic consumers and industrial clients. The company plays a significant role in Russia's oil industry, contributing to about 10% of the country's oil and gas production.