Lukoil

Lukoil

Employees:
110,000
Market Cap:
$48.29 billion
Net Income:
$931.22 million
Founded:
1997

Lukoil (/'lu?k??l/; Russian: ??????; stylized as LUKoil) is one of Russias largest oil companies. Wikipedia

Employees:
110,000
Market Cap:
$48.29 billion
Net Income:
$931.22 million
Founded:
1997

Lukoil (/'lu?k??l/; Russian: ??????; stylized as LUKoil) is one of Russias largest oil companies. Wikipedia

Jul 11, 3:12 PM

LUKOIL has reached another milestone with three million tonnes of oil produced at Vladimir Filanovsky field in the Caspian Sea. As of today, the company has completed six wells and is drilling the seventh one. The average daily production exceeded 14 thousand tonnes of oil last June. As part of Phase 2 construction and assembly operations, LUKOIL has completed installation in the target area of the topside of the fixed ice-resistant platform and of the accommodation topside. It is expected that the Phase 2 construction and assembly operations will have been completed by the end of 2017.

Jul 5, 2:27 PM

10 years ago PJSC LUKOIL entered the retail market in the Benelux. In June 2007 the Company acquired a network of 157 fuel stations in Belgium and Luxembourg, as well as a big oil product terminal in Brussels. In 2012 LUKOIL also entered the retail market in the Netherlands. As a part of LUKOIL business development in Western Europe, the Companys distribution network has expanded from 157 to 259 fuel stations over the past 10 years. 185 stations are located in Belgium, 71 in the Netherlands and 3 in Luxembourg. LUKOIL is also developing its wholesale business on these markets. Since the Company entered the Benelux, LUKOIL brand is substantially highly ranked at customer satisfaction surveys by the agency Foodstep. Big attention is given to client service, non-fuel sales and additional services at fuel stations. High standards of LUKOIL Group are applied throughout the whole Companys Benelux network. LUKOIL fuel stations and terminals are fully compliant with local environmental standards. The Company is investing significant funds in its environmental program, performing all the necessary works ahead of local requirements in countries of presence. The Company accounts for more than 1100 jobs in the Benelux through its dealer fuel station network, as well as the personnel at Companys offices and terminals in Belgium and the Netherlands.

Jun 28, 2:53 PM

Jun 28, 2:53 PM