LUKOIL is one of the largest oil & gas vertical integrated companies in the world accounting for over 2% of crude production and circa 1% of proved hydrocarbon reserves globally.
PJSC LUKOIL completed the construction of the second production well from the wellhead platform at the Yury Korchagin field in the Caspian Sea.
For the first nine months of 2018 LUKOIL Group's average hydrocarbon production excluding West Qurna-2 project was 2,301 thousand boe per day, which is 3.7% higher year-on-year.
LUKOIL and Gazprom Engine Fuel LLC have signed an agreement on mutually beneficial cooperation and the development of business partnership on the use of natural gas as motor fuel.
The LUKOIL Press Service warns all the concerned parties that some unidentified persons negotiate supplies of petroleum products with foreign counterparties on the company’s behalf.
President of LUKOIL Vagit Alekperov and the Governor of Perm Region, Maksim Reshetnikov, signed a protocol on cooperation for 2019.
LUKOIL and Eni signed Farm-Out Agreement on Blocks 10, 12 and 14 in the Mexico's shallow waters. The Agreement enables to expand LUKOIL's exploration portfolio in the region, diversify risks and build up exploration competencies.
PJSC "LUKOIL" announces that today it completed the purchase and cancellation of 100,563,255 of its common shares
LUKOIL's CEO and the Governor of Volgograd Region signed a Protocol to the Agreement on Social and Economic Cooperation. Previous agreements facilitated notable improvements of the region’s social infrastructure. The Company priveded financial assistance for the redevelopment of cultural and educational facilities, sports and health centers and construction of motor roads.
President of LUKOIL and the Head of the Republic of Adygea signed a five-year Cooperation Agreement between the company and the region. The document envisages a reconstruction of the existing gas stations, an upgrade of the tank farm facilities and the development of joint projects to promote employment and to improve the public infrastructure.