11, Sretensky Boulevard, Moscow, Russia
On November 25, 1991, the Government of the Russian Soviet Federal Socialist Republic issued Regulation No. 18 to create LangepasUrayKogalym (LUKOIL) oil industry group.
At the initiative of the Company’s management, the Company establishes the LUKOIL Charity Fund, one of the first corporate charity funds in contemporary Russia.
LUKOIL is the first Russian oil company to develop a program for switching over to common corporate shares.
The Company acquires a 15% interest in the project for the development of Karachaganak gas and gas-condensate field, and a 5% stake in Tengiz project.
LUKOIL acquires controlling interests in Odessa refinery (Ukraine), Stavropolpolymer OJSC (currently Stavrolen LLC), major shareholding in Ukhta refinery, Saratovorgsintez petrochemical plant, and becomes the key shareholder of the Bulgarian Neftokhim petrochemical enterprise in Burgas.
Russian President Vladimir Putin visited floating drilling rig Astra that helps LUKOIL conduct exploration drilling in the northern part of the Caspian Sea.
LUKOIL discovers a major multi-reservoir oil-gas-condensate field at Severnyi license area in the northern part of the Caspian Sea.
The Company’s overall share of electricity market in its regions of presence is about 17%, while that of the heat market is about 60%.
Oil production operations were launched at Yu. Korchagin field in the Russian sector of the Caspian Sea.
LUKOIL acquired a 65% stake in the exploration, development and production project at CI-504 offshore block in the waters of the Republic of Cote d’Ivoire in the Gulf of Guinea.
LUKOIL has aligned its 135 MW CCGT unit in Budennovsk, Stavropol Krai, with the Russian National Unified Power Generation System.
In 2017, the active development of LUKOIL's leading projects, launched in autumn 2016, continued. 5 deep wells were drilled at the Vladimir Filanovsky field this year. The extraction approached the target level of 16 thousand tons per day, which is equivalent to 6 million tons per year.
President and CEO
First Executive Vice President
First Vice President
First Vice President
Senior Vice President for Sales and Supplies
Senior Vice President for Overseas Oil and Gas Exploration and Production
Vice President for Finance
Vice President Exploration and Development
Vice President, General Counsel
Vice President for Human Resources Management and Social Policy
Vice President, Economics and Planning
Vice President — Chief of Staff
LUKOIL views preservation of the Russian culture for the generations to come and promotion of the Russian culture and arts as an important social mission. The Company has provided both continuous support to museums, theaters, philharmonic halls, galleries, on-stage performance groups, and under individual projects (e.g., restoration work or production of theater pieces). The Company’s priority is to support all forms of classic arts.
Taking social responsibility for the health and safety of its employees and the local residents, the efficient use of natural resources and maintaining favorable environmental conditions in all its earnestness, in its business LUKOIL is guided by the highest HSEstandards.