Our commitment to sustainable development goes beyond our operating boundaries, as we continuously aim to add value to our stakeholders by advancing knowledge and improving lives.
We seek internal and external perspectives to identify and help us better understand the risks and opportunities associated with new and emerging issues. The issues identified are evaluated for their relevance to BALAKOVSKOE PETROLEUM REFINERY and their impact on economic, environmental and social aspects.
This exercise is performed annually to ensure its relevance to the changing business environment, and the disclosure through reports is aimed at our stakeholders like investors, customers, employees, JV partners, business partners and the community.
Our focus on the five strategic pillars ensures that we grow our business while responding to global trends and stakeholder needs. The key activities undertaken against each of the strategic pillars build on the progress we have already made in order to reduce our environmental impacts, and contribute to society by investing in meaningful endeavours.
Our vision is to be the most respected energy production company in the local and international trade market. Central to our vision is providing incident-free extraction refining and logistics services while protecting our employees and the environment.
BALAKOVSKOE PETROLEUM REFINERY technical, operational and logistic strengths act as a leverage for its refinery units, asset utilisation and optimisation, the key components of the business model. Read more
BALAKOVSKOE PETROLEUM REFINERY entered the Exploration and Production business by becoming partners in with unincorporated joint ventures. Our domestic portfolio comprises of twelve conventional oil and gas blocks all around the nation. Read more
Our upstream joint ventures in Shale gas include working interest partnership. These JVs have positioned us as one of the leading players in the sector. Our current Patrners in shale remain the most competitive liquid shale plays globally. Read more
We seek internal and external perspectives to identify and help us better understand the risks and opportunities associated with new and emerging issues. The issues identified are evaluated for their relevance to us and their impact. Read more