Today LUKOIL hosted an Investor Day in London with the participation of Vagit Alekperov, President of the Company and other senior management. At the event, the Company's 2017 results and long-term development strategy approved by the Board of Directors in December, 2017 were discussed. Strategy presentation and other materials are available on the Company's website.
05/03/2018 - BOARD OF DIRECTORS OF PJSC “LUKOIL” DETERMINES LISTS OF CANDIDATES TO THE BOARD OF DIRECTORS AND AUDIT COMMISSION
LUKOIL announced today the results of the oil and gas reserves assessment and independent audit as of December 31, 2017. According to the SEC (U.S. Securities and Exchange Commission) standards, the Company's proved hydrocarbon reserves totaled 16.0 billion barrels of oil equivalent, 75% of which were oil reserves.
The Board of Directors at the today's meeting approved the mid-term development plan ('Key budget indicators of the LUKOIL Group for 2018-2020').The Board of Directors also approved the Strategic Development Program of the LUKOIL Group for 2018-2027, which is aimed at balanced sustainable business development in the changing macro environment.