Press Releases

Vagit Alekperov, President of OAO LUKOIL, and Rafael Ramirez Carreño, President of PDVSA, State Petroleum Company of Venezuela, signed an Agreement on Joint Study of Junin-3 block in the Orinoco heavy oil belt (Guarico state, Venezuela).

The Board of Directors of OAO LUKOIL held a meeting today in Moscow to resolve a number of issues related to corporate governance.

The Fund is a non-profit organization, established on voluntary pecuniary contributions. Its basic commitments are in the field of social, charity, cultural, educational and other initiatives for the benefit of communities.

LUKOIL joined the United Nations Global Compact, a voluntary initiative to facilitate sustainable development and encourage businesses to adopt socially responsible policies.

LUKOIL was named the best European oil and gas company in investor relations by buy-side analysts as a result of the survey carried out by Institutional Investor journal among analysts from 500 companies.