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.
All LUKOIL Group's power and heat supply companies have obtained 2021 – 2022 winter preparedness certificates from the Ministry of Energy of the Russian Federation.
LUKOIL has produced one billion barrels of oil at West Qurna-2, Iraq, since the launch of commercial operation of the field.
the nine months of 2021 LUKOIL Group's average hydrocarbon production excluding
the West Qurna-2 project was 2,116 thousand boe per day, which is 2.5% higher year-on-year,
while in the third quarter of 2021 hydrocarbon production increased by 3.2% quarter-on-quarter.
As part of enhancing the corporate governance system, the Board of Directors of PJSC "LUKOIL" has approved amendments and addenda to the Regulations on the Audit Committee of the Board of Directors of PJSC "LUKOIL" and a new version of the Regulations on Performance Evaluation of the Board of Directors of PJSC "LUKOIL".
LUKOIL Press Service warns all the concerned parties of unauthorized use of Company's trademark, corporate identity, and information about LUKOIL Group organizations by a Vkontakte social network account (https://vk.com/public200098300).
PJSC "LUKOIL" announces the completion of an issuance of US$2,300,000,000 Rule 144A / Regulation S notes comprised of (i) US $1,150,000,000 2.80% 5.5-year notes due 2027 and (ii) US$1,150,000,000 3.60% 10-year notes due 2031.
LUKOIL and Gazprom Neft concluded an agreement on cooperation in implementation of oil recovery enhancement projects. The companies agreed to develop national production of chemical agents and equipment for oil recovery enhancement, to collaborate in lab research and testing new chemical compounds when developing mature reserves at their fields.