Lukoil

At today’s meeting the Board of Directors of PJSC “LUKOIL” (the Company) resolved that the Annual General Shareholders Meeting of PJSC “LUKOIL” (hereinafter, the AGM) would be held on June 24, 2021 in the form of absentee voting. The list of persons entitled to participate in the AGM will be …

President of Russia Vladimir Putin signed an Executive Order on granting awards to employees of LUKOIL Group. LUKOIL’s First Executive Vice President Vadim Vorobyov and LUKOIL’s Vice President for Economics and Planning Gennady Fedotov, as well as general directors of several LUKOIL Group organisations – namely Andrei Bogdanov (LUKOIL-Nizhegorodnefteorgsintez LLC), Nikolai Lyashko (LUKOIL-Nizhnevolzhskneft LLC) and …

LUKOIL Press Service announces that the Company Management Committee decided to appoint General Director of LUKOIL Uzbekistan Operating Company Stepan Gurzhiy as LUKOIL President’s Envoy to Azerbaijan, Kazakhstan, Uzbekistan, and Turkmenistan. He will be responsible for enhancing cooperation of LUKOIL Group organizations in the aforementioned countries. Source

Young specialists of LLC LUKOIL-Western Siberia (a 100% subsidiary of PJSC LUKOIL) presented innovative projects for the development of the oil and gas industry to experts of the fuel and energy complex within the framework of the IV International Youth Scientific and Practical Forum Oil Capital. The event was held with …

LUKOIL presented the environmental practices it engages in when developing offshore fields at the XXI Baltic Sea Day International Forum. The presentation touched upon the “zero discharge” technology that had first been employed by LUKOIL in the Baltic Sea. Since then, this principle has become standard for all offshore projects of LUKOIL. …

PJSC LUKOIL today released its audited consolidated financial statements for 2020 prepared in accordance with the International Financial Reporting Standards (IFRS). Financial highlights 4Q 2020 3Q 2020   12M 2020 12M 2​019 (RUB bln) 1,530.3 1,456.7 Sales 5,639.4 7,841.2 189.6 202.2 EBITDA 687.1 1,236.2 29.4 50.4 Profit for the period attributable to shareholders 15.2 …

Russian and Iraqi officials met in Moscow to discuss current situation on world oil market and prospects for cooperation in this field. The meeting took place in a landmark location, the Oil Pavilion at Moscow’s VDNKh that had been reconstructed by LUKOIL. The meeting was attended by Deputy Prime Minister of the …

As part of its effort to minimize impact on water bodies of the Komi Republic, LUKOIL commissioned new water treatment facilities and commenced closed loop steam generation at its oil mines in Yarega, Pervomaisky and Nizhny Domanik settlements. Earlier on, the company had already installed a water reuse system at …

PJSC “LUKOIL” (hereinafter – the Company) announces the results of the reserves assessment and independent audit as of December 31, 2020. According to the SEC classification, the Company’s proved hydrocarbon reserves totaled 15.4 billion barrels of oil equivalent, 76% of which stood for liquids. The proved reserves replacement ratio, excluding …

In the fourth quarter of 2020 LUKOIL Group’s average hydrocarbon production excluding the West Qurna-2 project was 2,065 kboe per day, which is 9.5% higher quarter-on-quarter. The growth was attributable to the dynamics of the external limitations on oil production due to the OPEC+ agreement, as well as recovery of …