Lukoil

LUKOIL’s oil production at its Caspian Vladimir Filanovsky field exceeded 30 million tonnes. In 2021, the field saw 5 development wells built (including 4 production wells and 1 injection well) to maintain the plateau level of 6 million tonnes of oil per year. The Company also completed the second stage …

Leonid Fedun, Vice President for Strategic Development of PJSC LUKOIL, presented the outlook for the development of global energy to 2050 today in Moscow. The report analyses possible greenhouse gas emission tracks in three scenarios of various approaches to climate regulations. It evaluates attainability of the goals to keep global …

​The Board of Directors of PJSC LUKOIL held a meeting today to approve the Company’s Strategic Development Programme for 2022-2031 (hereinafter, the Programme). The Programme stipulates balanced sustainable development of the Company with a focus on its hydrocarbon business. The following strategic priorities have been determined: focus on investments into …

PJSC “LUKOIL” announces the signing of amendments to the agreement concluded in October 2021 on the acquisition of a share in the Shah Deniz project from PETRONAS. In accordance with the new arrangements, the share acquired by LUKOIL is reduced from 15.5% to 9.99% with proportional decrease in the transaction …

By the decree of the President of the Russian Federation, oil workers of OOO LUKOIL-Western Siberia (a 100% subsidiary of PAO LUKOIL) were awarded high state awards for their great contribution to the development of the country’s fuel and energy complex and many years of conscientious work. Vladislav Zubarev, General …

Vladimir Putin, President of the Russian Federation, sent a message to the personnel of PJSC LUKOIL, congratulating them on the 30th anniversary of the Company. The head of the state noted that LUKOIL celebrates its anniversary while flourishing, showing confident growth and occupying solid positions in the domestic and global …

​A ceremony of national awards presentation to LUKOIL Group employees in celebration of the Company’s 30th anniversary took place in the Kremlin, Moscow, Russia. Sergei Kiriyenko, First Deputy Chief of Staff of the Presidential Executive Office, presented the Order of Alexander Nevsky to Vagit Alekperov, President of LUKOIL. Forty other …

The cumulative natural gas production reached 100 bcm at the projects implemented by LUKOIL in Uzbekistan since 2004. This mark became a notable achievement on the eve of LUKOIL’s 30th anniversary. The bulk of this gas (over 70%) was extracted at the Kandym-Khauzak-Shady fields in the Bukhara region. In 2008, …

PJSC LUKOIL today published condensed interim consolidated financial statements for the three and nine months ended September 30, 2021, prepared in accordance with International Financial Reporting Standards (IFRS). Key financial indicators 3 sq. 2021 2 sq. 2021   9 months 2021 9 months 2020 (RUB bln) 2,588.7 2 201.9 Revenues from sales 6 667.1 4 109.1 355.2 339.8 …

​LUKOIL announces discovery of an oil field within the Yoti West structure at Block 12 offshore Mexico. The field was discovered after drilling the first exploration well. According to preliminary estimates, the initial oil in place reaches 250 million barrels. The Yoti West-1 EXP well was drilled 60 km offshore …