LUKOIL is one of the largest publicly traded, vertically integrated oil and gas companies in the world accounting for more than 2% of the world's oil production and around 1% of proven hydrocarbon reserves.
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.