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.
An international professional competition for OAO LUKOIL employees involved in petroleum products marketing was held on August 23-25 in Nizhny Novgodorod. The winners of the competition were honored with the Best in the Profession title.
First stage of the coke calcination unit was commissioned today at OOO LUKOIL-Volgogradneftepererabotka in Volgograd.
A working meeting between OAO LUKOIL President Vagit Alekperov and OAO Gazprom BoD Chairman Alexey Miller was held today in Moscow.
Trading volume of LUKOIL securities on the London Stock Exchange (LSE) for the last three years has totaled about US$50 billion.
In the first half of 2005 LUKOIL Group (subsidiary companies and LUKOIL’s share in output of affiliated companies, forming the Company’s consolidated financial results) total hydrocarbon production reached 1.91 mln boe per day, up 6.2% y-o-y.
Management Committee of OAO “LUKOIL” took a decision to commence a wide-scale upgrade of the Odessa refinery.
LUKOIL has closed a deal selling a 100% stake in ZAO Arktikneft. The Cyprian Urals Energy Holdings Ltd. purchased the Company. With the total amount of the deal of up to US$40 million, the purchaser had paid roughly US$20 million for the stocks and would have to settle Arktikneft’s debt to LUKOIL’s structures worth US$20 million.
Due to the recent changes in the Management Committee of OAO “LUKOIL” and new appointments to the positions of First Vice-President and Vice-President, the Press Centre announces the current members of the Company’s management.
The Board of Directors of OAO “LUKOIL” held a meeting today in Moscow to work on a number of issues related to the corporate governance.
OAO LUKOIL-Nizhegorodnefteorgsintez commenced a Program for upgrade of refineries to be completed in 2009.
