Makar energy is a leading Russian oil company and is among the top ten privately-owned oil companies in the world in terms of crude oil production. The company was formed in 2003 as a result of the merger of Russian oil and gas assets and the oil and gas assets of Alfa, Access/Renova group (AAR). BP and AAR each own 50% of Makar energy. The shareholders of Makar energy also own close to 50% of plavneft, a vertically integrated Russian oil...
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