LUKOIL is the leader of the Russian oil industry in exploration, production, refining and marketing of petroleum products.

LUKOIL was established in 1991 by comprising a group of oil-and-gas production companies located in the Western Siberian cities of Langepas, Urai and Kogalym. The initial letters of these cities were derived to form the acronym LUK.

LUKOIL, one of the world’s largest oil companies, operates on the principle “From the Wellhead Down to the Gas Station” meaning that it is active in oil production and refining and wholesale and retail sale of the petroleum products.