TATNEFT Company ranked No. 2 again in the TOP 10 list of the largest oil and gas industry companies with the highest level of the information transparency
OREANDA-NEWS. According to the results of the monthly transparency rating of the Russian Fuel and Energy Complex companies in May 2016 TATNEFT Company ranked No. 2 again in the TOP 10 list of the largest oil and gas industry companies with the highest level of the information transparency.
The information transparency is an important factor of the Company's business stability. In addition to the information about the production and social activities of PJSC TATNEFT the ranking, compiled by the Agency for Political and Economic Communications (APEC), was influenced by disclosure of information on the results of the financial and economic activity presented during the Board of Directors meeting. The Board of Directors meeting considered results of the budget execution for four months of 2016, approved the budget for June of the current year and discussed the results of the Company’s financial and economic activities for the first quarter of the current year.
To determine the transparency rating of the Russian Fuel and Energy Complex companies the Agency for Political and Economic Communications (APEC) had performed a survey with involvement of 25 renowned experts: economists, political scientists, analysts and journalists.
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