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LUKOIL is Russia's leading vertically integrated oil company. The Company's main activities are oil and gas exploration and production operations, production and sale of petroleum products. LUKOIL is Russia's leading vertically integrated oil company. The Company's main activities are oil and gas exploration and production operations, production and sale of petroleum products. LUKOIL is the second largest private oil company in the world in terms of proven hydrocarbon reserves. The Company's share in global oil reserves is about 1.5% and about 2.1% in global oil production. The company plays a key role in the Russian energy sector, accounting for more than 19% of all-Russian oil production and 19% of all-Russian oil refining.
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