Press Releases

LUKOIL became the first Russian company to have conducted pilot offshore hydraulic fracturing at well No. 8 of the Vladimir Filanovsky field located in the Northern Caspian Sea.

All of LUKOIL’s power-generating companies have been awarded with certificates of readiness for the 2012/2013 autumn-winter period (AWP).

In 2012, LUKOIL drilled four wells at Yu. Korchagin field in the Caspian Sea with a horizontal borehole length of 2 - 5 km and initial flow rates between 4,000 and 10,000 barrels per day.

Vagit Alekperov, OAO LUKOIL President, and Dmitry Kobylkin, Governor of Yamalo-Nenets Autonomous Okrug (YNAO), signed a Supplemental Cooperation Agreement for 2013 between the Company and YNAO, in Salekhard today.

Based on 2012 second quarter results, LUKOIL-Stavropolenergo and LUKOIL-Astrakhanenergo claimed the 1st and 2nd positions in the “Generating Companies: Implementation of Investment Programs as part of Power Delivery Contracts (PDC)” ratings prepared by the “Market Council” non-profit partnership on a quarterly basis.

The OAO LUKOIL Press Service would like to announce that in compliance with GOST (national standard) No. 52368-2005 all of the company’s refineries in Russia have increased their throughput of winter diesel fuel.

OAO President Vagit Alekperov met, in Astrakhan today, with the heads of contractor organizations, below, taking part in the construction of production facilities for V. Filanovsky field.

LUKOIL has established a Research and Development Center in Kstovo (Nizhny Novgorod Oblast). The Center is a joint project of the LUKOIL-Nizhegorodnefteorgsintez refinery and the LUKOIL-Nizhegorodniinefteprodukt Research and Development Establishment.

Vagit Alekperov, OAO LUKOIL President, Jyrki Raina, General Secretary of the IndustriALL Global Union (IndustriALL), Lev Mironov, Chairman of the Russian Oil, Gas and Construction Workers’ Union (ROGWU), and Georgy Kiradiev, Chairman of the Council for International Association of LUKOIL Trade Union Organizations (OAO LUKOIL IATUO), signed an Information Cooperation Agreement, in Moscow today.