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Oil & Gas, Petrochemicals, Power

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Lukoil

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address

Moscow,  Russia

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Company Profile

  • Country

    Russia
  • Employees

    1,01,000 people
  • Incorporation Year

    1991
  • Annual Revenue (Year)

    78 billion USD
  • Web web

  • Total Assets Value

    82.8 billion USD
  • Career career

  • Global Presence

    Uzbekistan, Kazakhstan, Iraq, Egypt, Nigeria, Cameroon, United States, Ghana, Mexico

Who we are

Headquartered in Moscow, the PJSC Lukoil Oil Company is a Russian multinational energy corporation, specializing in the business of extraction, production, transport, and sale of petroleum, natural gas, and petroleum products. Incorporated in 1991 when three state-run, western Siberian companies named after the respective town in Khanty–Mansi Autonomous Okrug that each was based in, Langepasneftegaz, Urayneftegaz, and Kogalymneftegaz, merged. LUKOIL is one of the largest publicly traded, vertically integrated oil and gas companies in the world accounting for around 2% of the world's oil production and around 1% of the proved hydrocarbon reserves. 

What we do

Lukoil is the second largest company in Russia after Gazprom and the country’s largest non-state enterprise in terms of revenue. In the 2020 Forbes Global 2000, Lukoil was ranked as the 99th -largest public company in the world. Internationally, it is one of the largest global producers of crude oil. In 2019, the company produced 87.488 million tons of oil (1.639 million barrels per day) and 35.046 billion cubic meters of natural gas. The company has operations and subsidiaries in more than 28 countries around the world.

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