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Lukoil

LUKoil
Company nameLukoil/LUKoil
Лукойл
Company typePublic (RTS - LKOH
MICEX - LKOH
LSE - LKOD
FWB - LUK)
SloganAlways Moving Forward
Industryoil and gasoline, alternative fuel
Founded1991
HeadquartersMoscow, Russia
Key peopleVagit Alekperov, (CEO)
Productspetroleum and derived products
service stations
Revenue(+) US$ 104.9 Billion (2010)
Net income(+) US$ 9.0 Billion (2010)
Employees150.000

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Lukoil/LUKoil (RTS - LKOH / MICEX - LKOH / LSE - LKOD / FWB - LUK) ; -enˈluːkɔɪl) is Russia's second largest oil company and its second largest producer of oil. In 2009, the company produced 97.615 million tons of oil; 1.972 Moilbbl/d.

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.


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