From its office near Dublin’s docklands, PetroNeft Resources began its journey in 2003 with ambitions far larger than its Irish footprint.  The company, which was listed in Dublin and London by 2006, set its sights thousands of kilometres away on the frozen plains of western Siberia.  Its goal: to explore, develop, and produce oil in one of the most challenging environments on the planet, all while delivering returns to Irish and European investors. Its shareholder base reflected a mix of private and institutional investment: Natlata Partners Limited, controlled by Maxim Korobov, held 25 per cent, while Irish and European investors…

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