LUKoil
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Lukoil

Company nameOAO Lukoil
ОАО Нефтяная компания Лукойл
Company typePublic (

)
SloganAlways Moving Forward
Industryoil and gasoline, alternative fuel
Founded(1991)
HeadquartersMoscow, Russia
Key peopleVahid Alakbarov, Lukoil's founder and chief; Leonid Fedun, Lukoil vice-chief and co-owner
Productspetroleum and derived products
service stations
RevenueUS$ 81.1 billion (2009)
Operating incomeUS$ 9.8 billion (2009)
Net incomeUS$ 7.1 billion (2009)
Employees150000

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Lukoil is Russia's largest oil company and its largest producer of oil. In 2007, the company produced 96.645 million tons of oil; 1.953 million barrels per day.

Headquartered in Moscow, Lukoil is the second largest public company (next to ExxonMobil) in terms of proven oil and gas reserves. In 2008, the company had 19.3 billion barrels of oil equivalent per SPE standards. This accounts to some

1.3% of global oil reserves. The company has operations in more than 40 countries around the world.


Latest News : LUKoil : Tweet this RSS

C.A.T. oil Wins Two Hydraulic Fracturing Tenders With LUKOIL - MarketWatch (press release) Tweet this news
MarketWatch (press release)--Manfred Kastner, CEO of CAT oil AG, said: "The new orders that we have received from -LUKOIL- confirm the reputation we hold and the expertise we have gained ... - Date : Mon, 05 Jul 2010 13:06:22 GMT+00:00
Lukoil won't repurchase 50 pct in Kazakh JV stake - Reuters Africa Tweet this news
Reuters Africa--MOSCOW, July 5 (Reuters) - -LUKOIL- (LKOH.MM: Quote), the biggest oil explorer in the Russian part of the Caspian Sea, said on Monday it has turned down its ... - Date : Mon, 05 Jul 2010 15:29:57 GMT+00:00
OAO Razgulay, OAO Lukoil: Russian Stock-Market Preview - BusinessWeek Tweet this news
BusinessWeek--OAO -Lukoil- (LKOH RX): Crude oil rose to a one-month high and gasoline surged after a US government report showed that refineries cut operating rates and ... - Date : Thu, 17 Jun 2010 05:46:50 GMT+00:00
Russia's Lukoil calls on BP to provide US oil spill information - Platts Tweet this news
Platts--The head of Russia's -Lukoil- has called on BP to divulge information on its "experiences" relating to the US Gulf of Mexico oil spill to help stop other ... - Date : Tue, 29 Jun 2010 11:50:52 GMT+00:00
Bionol: Getty defaulted on ethanol contract - Clearfield Progress Tweet this news
Clearfield Progress--"A consortium of lenders, investors and the Commonwealth of Pennsylvania have all relied on Getty and -Lukoil's- good faith, integrity and experience in ... - Date : Sat, 03 Jul 2010 17:12:40 GMT+00:00
Lukoil Subsidiary Getty Petroleum Marketing Defaults on Bionol Contract - Gant Daily Tweet this news
Gant Daily--“A consortium of lenders, investors and the Commonwealth of Pennsylvania have all relied on Getty and -Lukoil's- good faith, integrity, and experience in ... - Date : Fri, 02 Jul 2010 15:08:49 GMT+00:00
Lukoil CEO: Russian oil business prospers in EU - EurActiv Tweet this news
EurActiv--Vagit Alekprov created -Lukoil- in 1991. With operations in 40 countries, the company is now the second largest worldwide in terms of proven oil and gas ... - Date : Fri, 02 Jul 2010 06:22:28 GMT+00:00
Rosneft, Sberbank, Severstal: Russian Equity Market Preview - BusinessWeek Tweet this news
BusinessWeek---Lukoil- shares declined 1.6 percent to 1621.56 rubles. OAO Sberbank (SBER03 RX) priced $1 billion of five-year bonds to yield 345 basis points more than the ... - Date : Thu, 01 Jul 2010 06:02:54 GMT+00:00
Lukoil Allocates $5 Billion to Fund Iraq's West Qurna - BusinessWeek Tweet this news
BusinessWeek--June 25 (Bloomberg) -- OAO -Lukoil-, Russia's largest non- state oil producer, allocated $5 billion to finance the West Qurna-2 project in ... - Date : Fri, 25 Jun 2010 10:49:57 GMT+00:00
Russia's LUKOIL not interested in BP asset sale - Reuters Tweet this news
Reuters--"We are not wolves, we do not eat the weak," -LUKOIL- head Vagit Alekperov told Reuters on Friday when asked whether Russia's largest non-state oil firm was ... - Date : Fri, 18 Jun 2010 06:42:55 GMT+00:00

Region 2004 2005 2006 2007
Russia 82.720 86.277 89.561 91.100
Western Siberia 56.351 58.469 59.764 59.917
Urals 10.082 10.307 10.923 11.257
Volga 3.175 3.210 3.214 3.240
Timan-Pechora 11.732 12.476 13.601 14.576
Other 1.380 1.815 2.059 2.110
International 3.480 3.881 5.674 5.545
Total 86.200 90.158 95.235 96.645
Source: [http://www.lukoil.com

Country Name Location Launched Acquired Capacity, mln tpa
Russia Lukoil-Nizhegorodnefteorgsintez Kstovo 1958 2000 15,0
Russia Lukoil-Permnefteorgsintez Perm 1958 1991 12,0
Russia Lukoil-Volgogradneftepererabotka Volgograd 1957 1991 9,9
Russia Lukoil-Ukhtaneftepererabotka Ukhta 1934 2000 3,7
Ukraine Lukoil-Odessky Neftepererabatyvayuschiy zavod Odessa 1937 1999 3,6
Bulgaria Lukoil Neftochim Burgas Burgas 1964 1999 7,5
Romania Petrotel-Lukoil Ploieşti 1904 1998 2,4
Italy ISAB Priolo Gargallo 1975 2008* 16,0*
Netherlands TRN Vlissingen 1973 2009* 7,9*



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