Lukoil Net Worth is$55.3 B
VN:F [1.9.22_1171]
deserves the money?
Rating: 0.0/5 (0 votes cast)
VN:F [1.9.22_1171]
Would you date ?
Rating: 0.0/5 (0 votes cast)
Type: Public company (Open Joint-Stock Company)
Traded As: LKOH, LUK
Foundation: 1991
Defunct:
Location City: Moscow
Location Country: Russia
Key People: Vagit Alekperov (CEO)
Industry: Oil and gas industry
Products: Petroleum, Petrochemicals
Revenue: operating income
Net Income: {{profit US$ 10.4 billion (2011)
Num Employees: 150,000 (2011)
Homepage: www.lukoil.com
Lukoil (/E?luE?kE?E?l/; Russian: ??N???? 3/4 ???>>; stylized as LUKoil; traded as MCX: LKOH, LSE: LKOD, FWB: LUK) is Russia's second largest oil company and its second largest producer of oil. In 2009, the company produced 97.615 million tons of oil; 1.972 million barrels per day (313,500 m3/d).
Headquartered in Moscow, Lukoil is the second largest public company (next to ExxonMobil) in terms of proven oil and gas reserves. In 2008, the company had 19.3 billion barrels of oil equivalent per SPE standards. This accounts to some 1.3% of global oil reserves. The company has operations in more than 40 countries around the world.
Lukoil was formed in 1991 when three state-run, western Siberian companies named after the respective town in Khantya??Mansi Autonomous Okrug that each was based, Langepasneftegaz, Urayneftegaz, and Kogalymneftegaz, merged. The initials of the three companies are preserved in the name Lukoil. The central figure in the company's founding was the Soviet deputy minister of oil production Vagit Alekperov. He came to believe the only way Russians could compete against western companies was to copy their business model. That meant vertically integrating the three branches of the industry - exploration, refining, and distribution - that were strictly separate under the old Soviet system. It is one of the largest tax payers of the Russian Federation, and the amount of taxes paid in 2010 is US$30.2 billion. It was one of the first Russian companies to receive full listing on the London Stock Exchange.
In 1994, Lukoil became the first company to begin offering shares of stock on the new Russian Trading System.
Lukoil carries out exploration and/or production of oil and gas in Russia and as of 2008 thirty other countries, amongst others Azerbaijan, Belgium, Bulgaria, Colombia, Egypt, Kazakhstan, Iran, Iraq, Saudi Arabia, Uzbekistan, and Venezuela.
In September 2004 ConocoPhillips purchased a 7.6% stake in Lukoil and signed an agreement that

(Visited 19 times, 1 visits today)

Lukoil Latest News

LUKOIL’s IFRS net profit up by 54.3pct in September 2018

PJSC LUKOIL released its condensed interim consolidated financial statements as of and for the three and nine months ended 30 September 2018, prepared in accordance with International Financial ...
Posted: November 30, 2018, 1:01 am

PJSC Lukoil ADR (LUKOY) Management on Q3 2018 Results - Earnings Call Transcript

PJSC Lukoil ADR (OTCPK:LUKOY) Q3 2018 Earnings Conference Call November 29, 2018 8:00 AM ET Executives Alexander Palivoda - Head of IR Alexander Matytsyn - CFO Pavel Zhdanov - VP for Corporate ...
Posted: November 29, 2018, 9:40 am

Russia’s Lukoil nearly doubles third-quarter profits

Lukoil, Russia’s second-largest oil producer, has reported an 89 per cent leap in third-quarter net profit citing rising sales, higher oil and gas prices and a weaker rouble. Lukoil’s profit compared ...
Posted: November 28, 2018, 5:05 am
Related Topics:
How Much Is Lukoil Earnings, How Much Is Lukoil Income, How Much Is Lukoil Net Worth, How Much Is Lukoil Salary, How Much Is Lukoil Worth, Lukoil, Lukoil Academic, Lukoil Adr, Lukoil Age, Lukoil Albany Ny, Lukoil Annual Report 2014, Lukoil Bg, Lukoil Bio, Lukoil Boycott, Lukoil Careers, Lukoil Country, Lukoil Coventry Ri, Lukoil Credit Card, Lukoil Date Of Birth, Lukoil Dividend, Lukoil Dividend 2013, Lukoil Earnings, Lukoil Englewood Nj, Lukoil Ethnicity, Lukoil Gas Card, Lukoil Gas Station, Lukoil Gas Station Locations, Lukoil Gas Stations, Lukoil Georgetown, Lukoil Gossips, Lukoil Height, Lukoil History, Lukoil Home Town, Lukoil Houston, Lukoil Images, Lukoil Income, Lukoil Investor Relations, Lukoil Iraq, Lukoil Job, Lukoil Jobs, Lukoil Locations, Lukoil Locations Nj, Lukoil Locator, Lukoil Londonderry Nh, Lukoil Marine Lubricants, Lukoil Market Cap, Lukoil Nationality, Lukoil Net Worth, Lukoil Networth, Lukoil News, Lukoil Oakland Nj, Lukoil Overseas, Lukoil Ownership, Lukoil Pan Americas, Lukoil Pan Americas Llc, Lukoil Partner, Lukoil Place Of Birth, Lukoil Pompton Lakes Nj, Lukoil Protest, Lukoil Romania, Lukoil Rumors, Lukoil Salary, Lukoil Sanctions, Lukoil Schenectady Ny, Lukoil Scotch Plains Nj, Lukoil Secrets, Lukoil Shareholders, Lukoil Station Locator, Lukoil Stock, Lukoil Stock Price, Lukoil Usa, Lukoil Uzbekistan, Lukoil Videos, Lukoil Wanaque Nj, Lukoil Weight, Lukoil Wiki, Who Is Lukoil,