At all times and whatever the situation might be, we follow a simple logic: for decent living, people all around the world need food, heat and mobility in the first place. We can provide that and we know how to do it, keeping the balance between aspirations of the society and interests of shareholders and every employee of the company. As the company’s motto reads, LUKOIL is “always moving forward”, and that’s the principle behind our business.
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LUKOIL Group's main activities are exploration and development of oil and gas fields, production and sales of petroleum products, petrochemicals and electricity.
The company plays a key role in the fuel-and-energy sector of Russia with a 15 percent interest in the production and refining of oil. LUKOIL is a major tax payer in the country.
Considerable funds are invested annually in environmental protection. HELCOM response, an international Helsinki commission, recognized LUKOIL’s zero discharge principle a model ecological standard for offshore production.
LUKOIL supports socially important projects within its footprint and invests more and more in sponsorship and charity every year.