LUKOIL, short for "Lukoil Oil Company", is a multinational energy corporation based in Russia. It is one of the world's largest vertically integrated oil and gas companies, and its operations encompass the exploration, production, refining, and distribution of petroleum and petroleum products.
Founded in 1991, LUKOIL has its roots in the Soviet Union's state-owned oil industry. Following the dissolution of the Soviet Union, LUKOIL transitioned into a publicly traded company and expanded its operations both domestically and internationally. The company's headquarters are located in Moscow, Russia.
LUKOIL operates in various regions worldwide, including Russia, Central and Eastern Europe, the Middle East, and Africa, with an extensive network of refineries, oilfields, gas processing plants, and filling stations. The company is involved in exploration and production activities in numerous territories, and it owns a large number of petrol stations that carry its brand.
Known for its strong presence in the global energy market, LUKOIL is renowned for its technological advancements, commitment to sustainability, and corporate social responsibility. The company has strategically focused on increasing efficiency, expanding its resource base, and diversifying its product portfolio through the development of eco-friendly solutions and advanced technologies.
Overall, LUKOIL represents a major player in the global oil and gas industry, providing a wide range of energy-related services and products, while maintaining a commitment to responsible business practices and contributing to the development of the energy sector globally.
