Bashneft PJSOC engages in the exploration, production, and refining of oil, gas, and petroleum products. It operates through the following business segments: Exploration and Production; Recycling, Logistics, and Sales; and Corporate and Other Activities. The Exploration and Production represents subsidiaries and business units of the company engaged in exploration and production of oil. The Recycling, Logistics, and Sales segment covers the processing and sale of crude oil and oil products on export and domestic market. The company was founded in 1935 and is headquartered in Ufa, Russia.