Lukoil

Lukoil is one of the world's largest vertically integrated oil and gas companies. Headquartered in Moscow, Russia, it engages in the exploration, production, refining, marketing, and distribution of petroleum products. The company was founded in 1991, consolidating several state-owned oil enterprises.

Lukoil's operations span across Russia and extend internationally to numerous countries. Its exploration and production activities cover a wide range of hydrocarbon reserves, including significant offshore projects. The company also operates a substantial refining capacity, processing crude oil into various fuels and petrochemicals. These refined products are then distributed through a network of retail stations and wholesale channels.

In recent years, Lukoil has faced scrutiny and geopolitical challenges related to its Russian origins. However, it remains a major player in the global energy market, contributing significantly to Russia's economy and the worldwide supply of oil and gas. The company's strategic focus includes optimizing production, investing in new technologies, and adapting to evolving energy landscapes.