LUKOIL is one of the largest oil & gas vertical integrated companies in the world accounting for over 2% of crude production and circa 1% of proved hydrocarbon reserves globally.
has commissioned a 24-megawatt hydroelectric power-generation unit at
the Belorechensk Hydroelectric Power Plant, Krasnodar Region, Russia, and started
to supply power to the wholesale market as part of the power plant
Reconstruction Phase I.
LUKOIL and Total sign Memorandum of Intent to cooperate on the development of human resources. The document was signed by Azat Shamsuarov, Senior Vice President of LUKOIL for Oil and Gas Production, and Michael Borrell, Senior Vice President of TOTAL for the North Sea and Russia.
The false commercial offers on petroleum products were distributed by letters on behalf of members of LUKOIL’s Board of Directors. The fake letters illegally
bear the company’s trademarks and brand identity.
The LUKOIL Board of Directors held a meeting in Moscow today to summarize the Company's preliminary 2018 results and set priorities for 2019. It was emphasized at the meeting that the Company successfully accomplished the first year's interim goals within the ten-year strategy and achieved significant progress in delivering key projects and strategic initiatives.
The company completed
testing of the fourth well as part of Eridu field appraisal phase. The testing resulted in the commercial flow of dry crude oil
that proves the current geological model of Eridu field as effective.
cumulative production of oil in the Russian part of the Caspian Sea has exceeded
20 million tonnes.
President of LUKOIL Vagit Alekperov and Chairman of
the Management Committee of Gazprom Alexey Miller discussed bilateral
cooperation at a meeting. For instance, the parties touched upon the development
of Vaneyvisskoye and Layavozhskoye fields in the Nenets Autonomous District,
President of PJSC LUKOIL Vagit Alekperov and Chairman of the Management Board of JSC NC KazMunayGas Alik Aidarbayev signed agreements on joint cooperation and financing of the Zhenis project in the Kazakhstan's sector of the Caspian Sea.
PJSC LUKOIL today 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 Reporting Standards (IFRS).