PJSC Lukoil
PJSC Lukoil is a Russian transnational energy company headquartered in Moscow, specializing in the extraction, production, transportation and sale of petroleum, natural gas, and petroleum products. It was formed in 1991 as a result of the merger of three state-owned West Siberian companies named after each city in the Khanty-Mansiysk Autonomous Okrug. Its name is a combination of the abbreviation LUK (initial for the oil-producing cities Langepas, Urai, Kogalym).
Russian oil and gas company Lukoil is primarily engaged in the exploration, production, refining, transportation and marketing of petroleum products in the Siberian region. The company distributes crude oil and petroleum products through an extensive pipeline system and offshore and serves customers in Russia and the United States.
Founded: 25 November 1991
Headquarters: Moscow, Russia
Market cap: $58.26 Billion As of December 2021
Revenue: $78 billion in 2020
Website: lukoil.com