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.
LUKOIL has completed construction of the Kharyaga - Yuzhnoye Khylchuyu interfield oil pipeline. The total length of the pipe is 158 km, and its annual capacity is 4 million tons.
The OAO LUKOIL Press Service would like to draw the attention of all concerned parties to an increase in fraudulent activities within the Russian petroleum-product market.
LUKOIL, as part of Venezuela’s National Petroleum Consortium, has started production of the first oil discovered at the Junin-6 field in the basin of the Orinoco river.
It is the seventh time running that LUKOIL emerged the winner in the “Filling Station” category of a survey, “Loyalty Brand 2012”, conducted in Russia by the international publishing house “Reader’s Digest”.
The production of ethylene and propylene has been fully resumed today at Stavrolen petrochemical complex (a LUKOIL subsidiary) in Budennovsk. Both these substances were then forwarded to units producing polyethylene and polypropylene.
Vagit Alekperov, OAO LUKOIL President, Valeriy Zerenkov, Governor of Stavropol Krai, and Yuri Tyrtyshov, Vice Governor and Chairman of the Government of Stavropol Krai, signed a Cooperation Agreement today between the Company and the regional Government as part of the International Investment Forum underway in Sochi.
LUKOIL has introduced changes into the list of refinery modernization projects aimed at increasing automotive gasoline throughput.
Vagit Alekperov, OAO LUKOIL President, and Alexey Miller, Chairman of OAO Gazprom’s Management Committee, met in Moscow today.
LLK-International (a wholly-owned LUKOIL subsidiary) signed an agreement with the Kaliningrad manufacturer Avtotor on the first filling of the engines of GM, GM Dat and Opel cars with its GENESIS FE 5W-30 oil.
LUKOIL has published consolidated US GAAP financial statements for the first half of 2012.