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 started construction of the first major photovoltaic power plant (PV power plant). The facility will be constructed in Burgas, Bulgaria, on a 2.5 Ha land plot.
LUKOIL Overseas has acquired from the private company ORANTO Petroleum Ltd. a 49% stake in the Petroleum Agreement for SL-5-11 Offshore Block in the Republic of Sierra Leone.
The Board of Directors of OAO LUKOIL held a meeting today in Moscow to resolve a number of issues related to corporate governance.
The OAO LUKOIL Management Committee approved a Program of Industrial Safety, Improvement of Working Conditions and Health, Emergency Prevention and Response for 2011-2015.
LUKOIL-Nizhegorodniinefteproekt, a research and design institute, prepared a roadmap specifying top-priority areas of innovative scientific and applied research aimed at better performance and 20-percent-lower energy costs in the Downstream business segment.
OAO LUKOIL held its Annual General Shareholders Meeting in Moscow today to approve the 2010 Annual Report and financial statements based on the fiscal year results.
The OAO LUKOIL Press Service announces that Nikolai Lyashko, former Director General of Langepasneftegaz, a territorial production entity of OOO LUKOIL-West Siberia, was appointed Director General of OOO LUKOIL-Nizhnevolzhskneft.
Vagit Alekperov, OAO LUKOIL President, and Rustem Khamitov, President of the Republic of Bashkortostan, signed a cooperation agreement between the Company and the Republic in Saint Petersburg today as part of the International Economic Forum.
Today, President of OAO LUKOIL Vagit Alekperov, President of Siemens AG Peter Loescher and Siemens AG Chief Executive Officer Tom Blades signed an Agreement on Strategic Cooperation between the Companies.
Vagit Alekperov, President of OAO LUKOIL, and Tapio Kuula, President and CEO of Fortum Power Corporation (Finland) signed a framework agreement for technological cooperation.