Private company

Sibir Energy

Sibir Energy was AIM-listed British oil company, whose primary line of business is petroleum and natural gas exploration in Siberia, Russia.1

Last updated Oct 18, 2026.

Overview

1996Founded1
  • Industrypetroleum industry1
  • HeadquartersLondon1

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Sibir Energy was AIM-listed British oil company, whose primary line of business is petroleum and natural gas exploration in Siberia, Russia. Since February 2011, it is a wholly owned subsidiary of Gazprom Neft. In February 2016, Gazprom completely liquidated Sibir Energy as a separate company.2

How it started

History

Sibir was founded in 1996, and since then it had pursued an integrated model for its business operations by retaining a focus on retail as well as its core exploration, extraction and refinery activities.

On 21 August 2009, Gazprom Neft made a bid to take over all shares in Sibir Energy. On 15 February 2011, it announced becoming the only shareholder in Sibir Energy after the withdrawal of the Moscow government-controlled Central Fuel Company. The Central Fuel Company The received $740 million for its stake

In February 2016, Gazprom announced that it had completely liquidated Sibir Energy as a separate company as part of its asset restructuring.

From Wikipedia’s article on Sibir Energy, shared under CC BY-SA 4.0.2

Timeline

  1. 1996Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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