LUKOIL is the leading vertically integrated oil Company in Russia. The Company's main activities are oil & gas exploration and production, and production and sale of petroleum products.

LUKOIL is the second largest private oil Company worldwide by proven reserves. The Company has around 1.3% of global oil reserves and 2% of global oil production. LUKOIL dominates the Russian energy sector, with 20% of total Russian oil production and 18% of total Russian oil refining.

Geological prospecting by LUKOIL is mainly concentrated in West Siberia, the Timano-Pechora oil province and the Yamal region.

LUKOIL is carrying out international exploration and production projects in Azerbaijan, Kazakhstan, Egypt, North Africa and Columbia.

LUKOIL owns significant oil refining capacity both in Russia and abroad.