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.
Petrotel-LUKOIL S.A., LUKOIL Group’s refinery in Romania, signed an agreement with the International Finance Corporation according to which the latter will provide a $82 million loan package to refinance the Company’s own funds used for the refinery upgrade in 2003-2004.
LUKOIL introduced a corporate system of vetting control over the technical conditions of the tankers that are freighted for transportation of the Company’s oil.
Oil Company LUKOIL ("LUKOIL"), acting through its wholly owned subsidiary, LUKOIL Finance Limited (Gibraltar), has concluded a 6 month acquisition loan in the amount of $2 billion for its purchase of a controlling stake in Nelson Resources Limited.
LUKOIL is within the three leaders out of the 75 major Russian companies in the environmental impact reduction rate from 2000 to 2003.
LUKOIL has prepared a report on commercialization of intellectual property objects.
LUKOIL Overseas Holding Ltd., a 100% subsidiary of LUKOIL has made an offer to acquire 100% of the share capital of Nelson Resources Limited for US$2 billion.
Today in Saratov sodium cyanide production project was launched at OOO Saratovorgsintez which is part of the LUKOIL-Neftekhim Group (OAO LUKOIL petrochemical holding).
LUKOIL-AERO, a 100% LUKOIL subsidiary, has begun filling airplanes at Bolshoye Savino international airport located in Perm. It is planned to start filling international aircraft with Jet A-1 fuel in Perm very soon.
The personnel department of OAO “LUKOIL” won the first all-Russia competition, “The best personnel department of Russia – 2005”.
OOO Naryanmarneftegaz, a joint venture between LUKOIL (70%) and ConocoPhillips (30%), held today public hearings on the project of Yuzhno-Hylchuiuskoye field construction (Nenets autonomous district of Russia) to be commissioned in 2007.
