LUKOIL overview

LUKOIL is one of the largest oil & gas vertical integrated companies in the world accounting for over 2% of crude production and circa 1% of proved hydrocarbon reserves globally.

Corporate Profile

Business Model

History

Museum

Legal Information

Personal data processing policy

Internal Documents

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Insurance policy

Career

LUKOIL has over 20 years of sustainble growth experience, and is one of the leading companies in the Russian oil & gas industry.

Company

Global Energy Perspectives to 2050

Technology and Innovation

Upstream

Downstream

The company’s vertical integration ensures efficient operations across all segments and helps achieve strategic goals for the benefit of all stakeholders.

Business

Analyst Coverage

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Shareholders` Meeting

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Business

Brands

LUKOIL prides itself on enriching the lives of consumers by providing highest quality petroleum products, which are distributed via retail centers and LUKOIL filling stations.

Products

Sustainable development management

Human rights

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Tax policy

Supply chain

Climate change

Environment

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Our employees

Society

Sustainability Report

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Document Center

In its activities the Company pursues the sustainable development principles and aims to ensure a good balance between socio-economic and environmental development.

Sustainability

Press Release

LUKOIL REPURCHASES ITS SHARES FROM CONOCOPHILLIPS

Wednesday, July 28, 2010

Today LUKOIL Finance Ltd. (a 100% subsidiary of OAO LUKOIL) signed a stock purchuse agreement with Springtime Holdings Ltd. (an affiliate of ConocoPhillips) to purchase 64,638,729 OAO LUKOIL ordinary shares (7.6%) at USD 53.25 per share for the total amount of USD 3,442,012,319.25.

The transaction completion is scheduled for August 16, 2010. The stock purchuse agreement also envisages an option to purchase up to 98,728,900 OAO LUKOIL ordinary shares (11.61%) in the form of depositary receipts prior to September 26, 2010.