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.
LUKOIL began supplying power to its Nizhny Novgorod refinery from the its solar power plant located at the Volgograd refinery. The use of renewable power generation will enable the Nizhny Novgorod refinery to reduce carbon footprint of its products with expected reduction of indirect emissions by around 10 thousand tonnes of СО2 equivalent per year.
For the fifth time, LUKOIL held its traditional Safety Day in Moscow. The Safety Day is an annual event, which promotes culture of responsible behaviour of employees and contractors.
PJSC LUKOIL announces that the TPI (Transition Pathway Initiative) international climate rating has upgraded its assessment of the quality of the Company's carbon management system to level 3 (out of 4 possible).
LUKOIL continues its work to reduce controlled greenhouse gas emissions at its production facilities. The Company began supplying electricity to its Stavrolen petrochemical plant (Budennovsk, Stavropol region, Russia) from LUKOIL's own solar power plant (SPP) located at its Volgograd refinery. About 11 million kWh are expected to be supplied annually.
Deputy Minister of Energy of Russia Pavel Snikkars, Governor of the Volgograd region Andrei Bocharov, First Executive Vice President of LUKOIL Vadim Vorobyov, and Chief Executive Officer of Hevel Group Igor Shakhray took part in today's opening ceremony of LUKOIL's 20 MW solar power plant (SPP) in the Volgograd region.
LUKOIL presented the environmental practices it engages in when developing offshore fields at the XXI Baltic Sea Day International Forum. Among other things, the presentation touched upon the "zero discharge" technology that had first been employed by LUKOIL in the Baltic Sea and, since then, this principle has become standard for all offshore projects of the company.
As part of its effort to minimize impact on water bodies of the Komi Republic, LUKOIL commissioned new water treatment facilities and commenced closed loop steam generation at its oil mines in Yarega, Pervomaisky and Nizhny Domanik settlements.
LUKOIL reports on raising a directed secured loan to finance revamping of the Krasnodarskaya combined heat and power plant (CHPP) as part of the national campaign for modernization of power generation facilities. Modernization of the CHPP will improve its performance and decrease CO2 emissions.
LUKOIL has stepped up in the CDP (Carbon Disclosure Project) international climate change rating by one notch and entered the C List, which resulted from developing the Company's carbon management system.
Head of the Republic of Komi Vladimir Uyba and representatives of Rosprirodnadzor and LUKOIL met in Syktyvkar today to discuss the ongoing damage control after the oil-containing fluids spill in the Kolva River.