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.
At today's meeting the Board of Directors of PJSC "LUKOIL" resolved that the Annual General Shareholders Meeting of PJSC "LUKOIL" would be held on June 21, 2022 in the form of absentee voting, and the repeat Annual General Shareholders Meeting would be held on June 23, 2022.
“LUKOIL” announces conclusion of an agreement with subsidiaries of Shell plc
to acquire 100% share in Shell Neft, which conducts
retail petroleum products sales and lubricants production in Russia.
LUKOIL today released its audited consolidated financial statements for 2021
prepared in accordance with the International Financial Reporting Standards
PJSC "LUKOIL" announced today the results of the reserves assessment and independent audit as of December 31, 2021. The proved reserves replacement ratio at the Company's projects in Russia totaled 109% in 2021, including 109% for liquids and 108% for gas.
In 2021 LUKOIL Group's hydrocarbon production excluding the West Qurna-2 project was 2,161 thousand boe per day, which is 4.7% higher year-on-year, while in the fourth quarter of 2021 hydrocarbon production increased by 7.6% quarter-on-quarter. The production growth was attributable to the dynamics of the external limitations on oil production due to the OPEC+ agreement, as well as higher gas production volumes.
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.
The Board of Directors of PJSC LUKOIL held a meeting today to approve the Company's Strategic Development Programme for 2022-2031. The Programme stipulates balanced sustainable development of the Company with a focus on its hydrocarbon business. The Board of Directors also approved mid-term development plan for 2022-2024, which was prepared with the consideration of the Strategic Development Programme.
PJSC LUKOIL announces improvement of its position in the CDP (Carbon Disclosure Project) international climate scoring by one notch up to B-.