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 ranked 6th among European, Middle East and African companies and 11th among global companies in the American energy agency Platts 2007 ‘Top 250 Energy Companies’ List.
LUKOIL publishes today consolidated US GAAP financial accounts for the second quarter and the first half of 2007.
Vagit Alekperov, President of LUKOIL, and Jiang Jiemin, President of the Chinese National Petroleum Corporation (CNPC), signed a Strategic Partnership Agreement in Beijing today.
LUKOIL and PERTAMINA, the state petroleum company of Indonesia, have signed an agreement on joint study of several prospective blocks in the Republic of Indonesia. The agreement was signed today in Jakarta as part of President of Russia Vladimir Putin’s visit to the Republic of Indonesia.
The document contains comprehensive information on key areas and operating indicators of the Company's performance, social and environmental activities in the regions of its presence: Kaliningrad region, Western Siberia, Perm, Volgograd, Astrakhan and Nizhniy Novgorod regions, Komi Republic and Nenets Autonomous District.
The Board of Directors of OAO LUKOIL held its meeting in Moscow today to sum up preliminary results of the LUKOIL Group performance in the first half of 2007, as well as to discuss budget performance and investment program progress report in 2007.
Today in Moscow, Vagit Alekperov, President of OAO LUKOIL, and Evgeny Primakov, President of the RF Chamber of Commerce and Industry (the CCI), signed an information cooperation agreement between the Company and the CCI.
LUKOIL has completed the implementation of a global planning system based on SAP software solutions. This system includes planning and budgeting modules, both short and long term, tools for assessment and approval of the investment projects, and for elaboration of the LUKOIL Group Investment Program.
LUKOIL became the first Russian non-financial company to become member of the Derivatives Market on Moscow Interbank Currency Exchange (MICEX).
LUKOIL Group (subsidiary companies and LUKOIL’s share in output by affiliated companies) total hydrocarbon production available for sale totaled 2.21 mln boe per day in the first half of 2007, up 92 th. boe per day, or 4.3%, y-o-y.