Europe, Kazakhstan, Uzbekistan, Iraq, Egypt, Ghana, Nigeria, Cameroon, United States, Mexico, Sri Lanka
Key people
Vadim Vorobyov (President and CEO) [1] Leonid Fedun (vice-president)
Products
Petroleum Natural gas Petrochemicals
Revenue
$128 billion[2] (2021)
Operating income
$13.3 billion[2] (2021)
Net income
$10.5 billion[2] (2021)
Total assets
$93.2 billion[2] (2021)
Total equity
$61.4 billion[2] (2021)
Number of employees
101,000 (2019)
Subsidiaries
see Subsidiaries
Website
lukoil.com
The PJSC LukoilOil Company (Russian: Лукойл, tr. Lukoyl, IPA:[ˈluːkɔɪl] stylized as LUKOIL or ЛУКОЙЛ in Cyrillic script) is a Russian multinational energy corporation headquartered in Moscow, specializing in the business of extraction, production, transport, and sale of petroleum, natural gas, petroleum products, and electricity. It was formed in 1991 when three state-run, western Siberian companies merged. The original companies were named after their respective towns in Khanty–Mansi Autonomous Okrug that each was based in; Langepasneftegaz, Urayneftegaz, and Kogalymneftegaz. Its new name is the combination of the acronym LUK (initials of the oil-producing cities of Langepas, Uray, Kogalym) and the English word "oil".[3][4]
Lukoil is the second largest company in Russia after Gazprom, and the country's largest non-state enterprise in terms of revenue, with ₽4,744 billion in 2018.[5][6] In the 2020 Forbes Global 2000, Lukoil was ranked as the 99th-largest public company in the world. Internationally, it is one of the largest global producers of crude oil. In 2019, the company produced 87.488 million metric tons of oil (1.639 million barrels per day) and 35.046 billion cubic meters of natural gas.[7][failed verification] As of 2021[update], the company had operations and subsidiaries in more than 30 countries around the world.[8][needs update] In 2022, the company's revenue amounted to 2.9 trillion rubles.[9]
^"CEO of Russian LUKOIL congrats President Ilham Aliyev on election win". www.news.az. 22 February 2024. Retrieved 14 March 2024.
^ abcde"Consolidated Financial Statements IFRS 12 m 2021" (PDF). Lukoil. 2 March 2022. p. 53. Retrieved 2 March 2022.
^"Lukoil - Langepas, Uray and Kogalym Oil (Russia oil company named after major producing cities) | AcronymFinder". www.acronymfinder.com. Retrieved 2018-01-12.
The PJSC Lukoil Oil Company (Russian: Лукойл, tr. Lukoyl, IPA: [ˈluːkɔɪl] stylized as LUKOIL or ЛУКОЙЛ in Cyrillic script) is a Russian multinational...
Lukoil Baltija was a chain of petrol stations in the Baltic states. Currently it is owned by Austrian-based Amic Energy. In 2012, Lukoil Baltija was listed...
Lukoil Macedonia (Macedonian: Лукоил Макеодонија) is a subsidiary company of Lukoil in North Macedonia. The first gas station was open for service in...
Lukoil Arena (Russian: Лукойл Арена), former Otkritie Bank Arena (Russian: Открытие Банк Арена) and Otkritie Arena (Russian: Открытие Банк Арена), also...
significantly. The PJSC Lukoil Oil Company (known as Lukoil) became principal sponsors and the team adopted the name Lukoil Oktyabrsky. The team won...
LUKOIL Neftohim Burgas (Bulgarian: ЛУКОЙЛ Нефтохим Бургас), based in Burgas, Bulgaria, sometimes spelt "Neftochim Burgas," is the largest oil refinery...
Russian–Azerbaijani businessman. He was the President of the oil company Lukoil from 1993 until 2022. As of 16 April 2021, according to Bloomberg Billionaires...
Lukoil Serbia (full name: Društvo za promet naftnih derivata Lukoil Srbija a.d.) is a Serbian petroleum company with headquarters in Belgrade, Serbia...
known for co-founding Russian oil company Lukoil. Until retiring in 2022, Fedun was vice president of Lukoil. He formerly served as president of FC Spartak...
Russian Ural grade oil. In October 2023 Bulgaria is trying to force Lukoil to sell its Lukoil Neftohim Burgas refinery. A US Treasury report in May 2023 highlighted...
Ufa Speedway is a former motorcycle speedway team called Bashkiria Ufa, a former stadium known as the Trud Stadium and a current multi-purpose venue known...
Petrotel Lukoil Refinery is one of the largest Romanian oil refineries and one of the largest in Eastern Europe, located in Ploieşti, Prahova County. Its...
Lukoil Racing team is the leading Russian motorsport organization; its operations including management, driver training and support, engineering expertise...
Hall in Sofia. In 2018, Lukoil announced its sponsorship deal with Levski. Consequently, the new club name would be Levski Lukoil. National Basketball League...
organisation bought a 50 percent stake in Arden on behalf of Russian oil company Lukoil, whose boss was Maslov's father. Horner bought back Prodrive's share in...
1957. In 2000, the team were renamed Lukoil Academic as a sponsorship deal was signed with Russian oil giant Lukoil, and quickly established themselves...
Romania and Bulgaria, as well as other projects in Poland. However, when Lukoil announced the sale of its assets in Eastern Europe in 2014, Amic Energy...
with Tadamon Zouk against Louaize Club. On August 4, 2018, he signed with Lukoil Levski. Rembert played three games for Fethiye Belediyespor of the Turkish...
gas condensate field is being developed by BG, Agip, ChevronTexaco, and Lukoil. Also Chinese oil companies are involved in Kazakhstan's oil industry. Kazakhstan...
was founded as Lukoil Chelyabinsk in 2000. The futsal club Chelyabinets became the base for the club. Yury Pervak, the CEO of Lukoil Chelyabnefteproduct...
was a Russian oligarch who was the chairman of the national oil company Lukoil. Maganov was born in Almetyevsk, Tatar ASSR, in the Soviet Union (now Tatarstan...
former representative of the Russian oil giant LUKoil and former president of basketball club Lukoil Akademik. He is married to Lyuba Stefanova, who...
Corporation (CNPC), Petronas, the Korea National Oil Corporation, Gazprom, Lukoil, and Uzbekneftegaz.[citation needed] Along with many Commonwealth of Independent...
Alexander Matytsyn, first vice president of Lukoil, became chairman of the board of directors of FC Spartak. Lukoil's top managers Pavel Zhdanov, Ivan Maslyaev...
subsidiary of the Russian oil company Lukoil. It was formed in February 1997 as a joint venture between Lukoil and the former American oil company ARCO...
Petroleum Marketing Inc. Getty Petroleum Marketing was sold to Lukoil in 2000, and Lukoil sold it to Cambridge Securities LLC in February 2011. Getty Petroleum...
46% share in LukArco. In December 2009, BP sold its stake to Lukoil and thereafter Lukoil became the sole shareholder of LukArco. In January 2014, the...
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