Oil & Gas Operators

LUKOIL Recognized Highest International Mass Communication Award for Promoting Innovation in the Oil Industry

PJSC LUKOIL was awarded the Grand Prix, as well as victories in two nominations at once in the Eventiada IPRA Golden World Awards, the largest in Eastern Europe and Central Asia, in the field of mass communications. Starting this year, the competition is being held in partnership with the United …

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Oil & Gas Operators

LUKOIL: Announces IFRS Financial Results for the Third Quarter and Nine Months of 2020

PJSC LUKOIL today released its condensed interim consolidated financial statements for the three and nine month periods ended 30 September 2020, prepared in accordance with International Financial Reporting Standards (IFRS). Financial highlights 3Q 2020 2Q 2020   9M 2020 9M 2019 (RUB bln) 1,456.7 986.4 Sales 4,109.1 5,928.8 202.2 144.4 EBITDA 497.5 958.0 152.0 …

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Oil & Gas Operators

LUKOIL: Supports Enviromental Project with Arctic Residents

The family-clan community “Nekutsya” in the Nenets Autonomous Okrug will clean up the nearby areas of the tundra, including the shores of the Barents Sea. For these purposes, a grant from the Competition for Social and Cultural Projects of PJSC LUKOIL has been used to purchase an environmentally friendly Yag-Mort all-terrain …

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Oil & Gas Operators

LUKOIL and Rostelecom Agree to Cooperate in Telecommunication Services

LUKOIL and Rostelecom have agreed to cooperate in the area of telecommunication services. The cooperation is based on the agreement of Rostelecom to buy a 50.1% share in LUKOIL-INFORM, a wholly-owned subsidiary of the Company which provides telecommunication and IT support services to Russian-based entities of the LUKOIL Group. The …

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Oil & Gas Operators

LUKOIL: Reports Preliminary Operating Data for the Third Quarter and Nine Months of 2020

For the nine months of 2020 LUKOIL Group’s average hydrocarbon production excluding the West Qurna-2 project was 2,065 kboe per day, which is 11.6% lower year-on-year. In the third quarter of 2020 hydrocarbon production was 1,885 kboe per day, which is 4.9% lower quarter-on-quarter. Production was reduced due to the …

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Oil & Gas Operators

LUKOIL: Completed Reconstruction of Academic Research Ground at Gubkin University

Valery Falkov, Russian Minister of Science and Higher Education, and Vagit Alekperov, President of LUKOIL, participated in ceremonial opening of the second stage of the Academic Research Ground for oil and gas field equipment at Gubkin National University of Oil and Gas (National Research University) today. The Ground was constructed with …

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Oil & Gas Operators

LUKOIL and Volgograd Region to Develop Partnership

Andrey Bocharov, Governor of Volgograd Region, and Vagit Alekperov, President of LUKOIL, signed the minutes to the Cooperation Agreement between the local administration and the Company. The document defines main areas of social cooperation in the region. Andrey Bocharov and Vagit Alekperov also took part in a working conference and …

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Oil & Gas Operators

Iraq’s Prime Minister and LUKOIL Head Discussed Prospects of Cooperation

Today in Baghdad, Prime Minister of the Republic of Iraq Mustafa Al-Kazimi, in the presence of Iraqi Oil Minister Ihsan Abdel-Jabbar Ismail, received a delegation of PJSC LUKOIL headed by the President of the Company Vagit Alekperov. The meeting was also attended by the Ambassador Extraordinary and Plenipotentiary of the Russian …

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Oil & Gas Operators

LUKOIL-Technologies: To Create Virtual Workplaces

LUKOIL-Technologies (a 100% subsidiary of PJSC LUKOIL), acting as an integrator of information solutions for LUKOIL Group organizations, has started designing a new system of virtual workplaces. A single service will allow users to access corporate resources and personal desktop from any type of portable device. At the same time, the integrity …

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Conferences & ExhibitionsOil & Gas Operators

RDCR & KDR 2020 – 6 Weeks Left!

Join us Online for a Combined RDCR & KDR on the 4th December 2020 With only 6 weeks left until the largest virtual gathering of Russian and Kazakh drilling and production specialists – check your agenda and make sure you have REGISTERED! In every crisis, there is opportunity. For one …

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